Prudential (LSE: PRU.L - news) will post "very strong" first-half earnings, outgoing chief executive Tidjane Thiam said on Wednesday, as the insurer reported an 11 percent decline in new business profit in the first quarter. "IFRS (International Financial Reporting Standards) earnings will be very strong ... even in this challenging environment of low interest rates," Thiam told reporters on a conference call. Prudential set out medium-term targets in 2013, focusing on growth in its Asian business, which currently contributes a third of the company's operating profit.
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