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Prudential plc

Prudential plc provides life and health insurance and asset management solutions to individuals in Asia and Africa through its subsidiaries. Its offerings include savings and investment products as well as wealth, health, and protection products. The company was founded in 1848 and is headquartered in Central, Hong Kong.

Country
Price · split & dividend adjusted
News & notes moving PRU.LSE
United KingdomMalaysiaIndia
PRU.LSE▲4

Prudential's New Business Profit Up 8%, Dividend Raised 15%

Prudential plc reported an 8% increase in new business profit for the first half, reaching $1,384 million. The ASEAN market grew 13%, while adjusted operating profit after tax rose 10% to $1,523 million. Earnings per share surged 17% to 58.4 cents. The company also announced an additional $300 million share buyback, bringing the total to $1,500 million, and increased the interim dividend by 15% to 8.88 cents per share. It continues to expand in Malaysia and India, acquiring a 75% stake in Bharti Life.
PRU.LSE · Capital · Positive Prudential reported 8% higher new business profit, 10% rise in adjusted operating profit, 17% EPS growth, a $300M additional buyback and a 15% dividend hike.
PRU.LSE · Demand · Positive ASEAN new business grew 13% and the company continues expanding in Malaysia and India, signaling stronger end-customer demand for its products.
Bharti Life Insurance · Capital · Positive Prudential acquired a 75% stake in Bharti Life, a capital/M&A event involving the company.
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ChinaHong Kong SAR China
PRU.LSE▼2impact 4

China begins taxing offshore insurance policies, AIA shares plunge 9%, Hang Seng drops 1.7%

Chinese authorities in some cities have started levying taxes on insurance policies purchased overseas by mainland Chinese residents, triggering a sharp sell-off in insurance and banking stocks in the Hong Kong market. The Hang Seng Index fell 1.7% in morning trading. AIA Group shares tumbled as much as 9.2%, their biggest drop since April 2025, while Prudential declined up to 6.5%. HSBC and Standard Chartered both fell more than 2%. Reports indicate that since 2025, some policyholders in Beijing who declared dividend income from participating policies bought in Hong Kong have been taxed 20% on the actual gains. Goldman Sachs analysts said that if such measures are expanded, new policy sales to mainland Chinese customers could decline significantly.
1299.HK · Regulation · Negative China taxing offshore insurance policies directly hits AIA's sales to mainland customers.
PRU.LSE · Regulation · Negative Prudential declines up to 6.5% as tax on offshore policies threatens its Hong Kong sales.
HSBA.LSE · Regulation · Negative HSBC falls as part of broader sell-off in insurance and banking stocks due to new tax.
STAN.LSE · Regulation · Negative Standard Chartered drops over 2% amid sector-wide impact from the tax measure.
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Money & Banking·59dRead more →
PRU.LSE▲

Prudential's Prudence Foundation launches Levela app to boost financial literacy in Asia and Africa

Prudence Foundation, the community investment arm of Prudential, launched Levela, a free educational app designed to improve financial literacy among young adults in Asia and Africa. The app targets Gen Z users and early-career professionals with bite-sized lessons on budgeting, debt management, insurance, and fraud prevention, and is available in six languages with an offline version for underserved communities. Levela debuts in the Philippines before expanding to seven additional markets—Indonesia, Malaysia, Thailand, Vietnam, Cambodia, Ghana, and Zambia—later this year. Developed with the Center for Financial Inclusion at Accion, the modules are research-backed and include a Shariah-compliant version in Bahasa Malaysia.
PRU.LSE · Technology · Positive Prudential plc's foundation launches Levela app to boost financial literacy.
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Insider Monkey·103dRead more →