Prudential PLC
PRU
ISIN GB0007099541 / Valor 401267
Prudential PLC
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About company
Prudential plc, a distinguished financial services group with over 170 years of history, operates internationally, offering a broad spectrum of insurance and financial services. With its roots in the United Kingdom, the company has strategically positioned itself as a major player in the global market, particularly focusing on Asia and Africa. Prudential plc is distinct from Prudential Financial, Inc. of the United States and the Prudential Assurance Company, a subsidiary of M&G plc, also based in the UK. The company's operational headquarters are split between London and Hong Kong, emphasizing its commitment to its four strategic regions: Greater China, ASEAN, India, and Africa. Prudential plc boasts a robust network of more than 120,000 active agents and partnerships with over 200 banks, extending its reach through 27,000 bank branches. It serves 18 million customers across 24 markets, providing a comprehensive range of life and health insurance products alongside asset management services. This extensive presence underscores Prudential plc's role as a key provider of financial security and wealth management solutions on a global scale.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (10.11.2025):
Prudential PLC reported its 2024 Full Year Results, detailing a solid performance across key financial metrics. In the full year ended 31 December 2024, Prudential PLC achieved an 11% increase in new business profit on a constant exchange rate basis, maintained steady operating free surplus generation, and recorded growth in adjusted operating profit—with robust capital ratios and accelerated share buybacks supporting strong shareholder returns.
New Business Profit Growth
Prudential PLC’s new business profit reached $3,078 million, up 11% on a constant exchange rate basis, with TEV new business profit showing similar growth. This performance underscores the company’s successful focus on quality new business, even as underlying economic variables were taken into account.
Operating Performance
The operating free surplus from in-force insurance and asset management stood at $2,642 million, aligning with the company’s forward-looking targets. Additionally, adjusted operating profit before tax increased by 10% to $3,129 million, and after tax by 7% to $2,582 million, with earnings per share rising by 8% to 89.7 cents.
Capital Position and Shareholder Returns
A strong capital base is evident with a free surplus ratio of 234% and a GWS shareholder surplus cover ratio of 280%. Prudential PLC also advanced its capital management strategy by completing $1,045 million worth of share buybacks (123 million shares) under an accelerated programme, alongside a 13% increase in the per share dividend to 23.13 cents, resulting in total shareholder returns of $1.4 billion for 2024.
Strategic Initiatives and Future Outlook
Looking ahead, Prudential PLC is building toward its 2027 strategic objectives by enhancing its operational model and capitalising on growth opportunities in Asia and Africa. The company is also evaluating a potential partial divestment via a listing of ICICI Prudential Asset Management Company Limited, which may further bolster shareholder returns.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
34974 M
Market cap (USD)
4,721,962
Daily traded volume (Shares)
6.37 / 6.29
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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