Prudential plc (LSE:PRU) posted a strong performance for the third quarter, reporting a 13% rise in new business profit to $705 million and a 10% increase in annual premium equivalent (APE) sales to $1,716 million. The company attributed the growth to a continued emphasis on high-quality business, expansion of its agency network — particularly across ASEAN markets — and solid progress in its bancassurance channel.
The update underscores Prudential’s success in executing its strategic initiatives and expanding its market presence, keeping it on track to achieve its 2025 guidance and 2027 financial targets. Regional operations across Hong Kong, Mainland China, Indonesia, Malaysia, and Singapore contributed to overall performance, supported by strong partnerships and joint ventures.
Prudential’s outlook remains positive, with consistent financial strength and constructive market indicators. The group’s disciplined capital management and targeted investments continue to enhance long-term value, even amid varying regulatory and market conditions.
More about Prudential plc
Prudential plc is a leading provider of life and health insurance as well as asset management services, primarily operating in Greater China, ASEAN, India, and Africa. The company’s mission is to deliver simple, accessible financial and health solutions that build trust and long-term customer relationships. Prudential maintains dual primary listings on the London and Hong Kong Stock Exchanges, alongside secondary listings in Singapore and New York.
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