Prudential profit rises by 34pc

first_img John Dunne Prudential profit rises by 34pc whatsapp Britain’s largest insurer Prudential reported a better-than-expected 34 per cent rise in first-half operating profit, helped by improving investment returns amid a broader market recovery.Prudential’s operating profit was £1.68bn for the first six months of the year, based on European Embedded Value (EEV) accounting standards, higher than a consensus forecast of £1.54bn and better than the £1.25bn recorded a year earlier.The company reported a 40 per cent rise in net profit of £968m based on International Financial Reporting Standards, beating a consensus forecast of £724m, and better than £688m it posted a year earlier.It also said that its bungled bid to buy AIG’s Asian arm AIA will cost £377m, down from an initial estimate of £450m, thanks to reduced advisory fees and currency fluctuations.The firm raised its half-year dividend by five per cent to 6.61 pence per share. Share Tags: NULL whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading Blvd Show Comments ▼ More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com Thursday 12 August 2010 2:21 amlast_img read more

LeoVegas turns to Wag.io for affiliate compliance

first_img Subscribe to the iGaming newsletter Tech & innovation Roo Wright, the CEO and founder of affiliate compliance software provider Wag.io, has targeted a century of brand sign-ups by the end of the year after sealing a partnership with LeoVegas.LeoVegas will use the Wag.io software to manage its compliance in line with regulations set out by the Advertising Standards Authority and the Gambling Commission.Wright told iGamingBusiness.com that affiliate compliance is becoming an increasingly hot topic for operators due to heightened scrutiny from lobbyists and organisations such as the Campaign for Fairer Gambling in the UK.“We are talking to the whole industry and are targeting having over 100 brands on board by the end of the year,” said Wright (pictured), who has developed Wag.io from the ground up over the past 18 months.“I would say that there is not a single operator that has all their affiliates in compliance. The task of cleaning up as an industry is not an easy one and even once a programme has affiliates in line there are always new promotions and updates that need to be tracked.”Wag.io will help LeoVegas to manage affiliates through a specific system, whilst identifying opportunities through new and existing affiliates and monitoring affiliate activities, including deals and promotional materials. The software will also generate communication and activity reports, establishing a paper trail.Wag.io can also be used to help brands manage GDPR data protection compliance in relation to affiliate management.LeoVegas sales and compliance executive Matthew Curmi said that the software will help the operator “to constantly monitor and review the ads and marketing materials our affiliates are using”.He added: “While our goal is to be fully compliant, when an error is found, we can use the app to rapidly reach out to our affiliates about making an immediate correction.”Earlier this week, LeoVegas established its LeoSafePlay responsible gambling initiative as a standalone business unit. LeoVegas has also reshuffled its management team, with Richard Woodbridge set to arrive in 2019 as the company’s new chief operating officer. Wag.io CEO warns that industry is under increasing compliance scrutiny 12th July 2018 | By contenteditor Topics: Tech & innovationcenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Online Gambling Email Address LeoVegas turns to Wag.io for affiliate compliancelast_img read more