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Pru reports strong life and Egg growth

Prudential is reporting strong growth in its life and pensions figures, as well as ongoing growth at internet bank Egg.


Group-wide insurance and investment sales rocketed 61 per cent to £12.3bn in 1999, while total UK insurance and investment premiums also soared 61 per cent to £7.4bn.


UK sales were showing an increase of 38 per cent and worldwide new business was up 37 per cent.


Meanwhile Egg added 100,000 new customers in the fourth quarter of 1999 and now has an asset book of £2bn.

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