Prudential"s expansion into Asia "good for the UK", says insurer"s CEO Business The Observer

comments last week from Andrew Moss, arch senior manager of Thiam"s former employer Aviva, who argued Europe was a improved place for insurers to enhance than Asia.

The Pru"s share cost forsaken neatly after it voiced the deal, that will rivet a jot down £14bn issue of new shares. It sealed at 520p, down from 602p, but Thiam was increased by headlines that dual emperor resources supports from Qatar and Singapore had concluded to behind the collateral raising.

There have been concerns that if the shares tumble as well far, investors will be demure to behind the rights issue. Thiam said: "I"m certain there is a cost at that it becomes uneconomic but I can"t answer questions on that – it is not a diversion I wish to rivet in."