Prudential PLC 1Q New Business Profit $686.0 Million, Up 10% on Year

MorningStar
2026.04.28 22:40
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Prudential PLC reported a 10% increase in new business profit for Q1, reaching $686 million, driven by growth in mainland China, Hong Kong, and Malaysia. Annual premium equivalent sales rose 6% to $1.823 billion. CEO Anil Wadhwani expressed confidence in achieving double-digit growth across key financial metrics by 2026 and meeting 2027 objectives.