Prudential's new business profit to rise 8% as Asian markets offset China weakness, says Citi

Citi expects Prudential PLC (LSE:PRU), the Asia-focused insurer, to report an 8% increase in new business profit to US$762 million for the third quarter, with growth across several Asian markets offsetting weakness in mainland China and Indonesia. The bank forecasts new business profit, a measure of the earnings generated from newly written insurance policies, will rise 8.1% year on year on an actual exchange rate basis, or 8.5% at constant exchange rates.

Proactive Investors • Oct 21, 2026

Prudential CFO Yanela Frias on reshaping the business, exiting markets and reallocating resources

Ann Berry is joined by Yanela Frias, CFO of Prudential Financial, to discuss the company's five-year plan to reshape its business, its exit from emerging markets and where it's reallocating resources. They also delve into Yanela's 30-year career at Prudential and why she's made a point of never staying in the same role for more than three years.

JPMorgan keeps Prudential at 'overweight' on cash conversion and buyback potential

JP Morgan has reiterated its overweight rating on Prudential PLC (LSE:PRU), saying the negative market reaction to the insurer's first-half results was overdone. The bank said concerns over first-half new business profit growth and the outlook for Mainland China Visitor business in Hong Kong after Decree 837 tax changes were understandable.

Proactive Investors • Sep 4, 2026

JP Morgan sees relief for Prudential after half-year results reaffirm targets

JP Morgan expects investors to react positively to Prudential PLC (LSE:PRU) half-year results, after the insurer reaffirmed its full-year growth targets despite a slower first-half performance. The bank, whose analyst Farooq Hanif rates the insurer overweight with a price target of 1,480 pence, said new business profit rose 8% at constant exchange rates in the first half of 2026.

Proactive Investors • Aug 28, 2026

Prudential lifts profit and shareholder returns as first-half growth strengthens

Prudential PLC (LSE:PRU) reported stronger first-half operating profit and new business growth, while increasing its dividend and expanding its 2026 share buyback programme. Adjusted operating profit before tax rose 9% on a constant exchange rate basis to $1.81 billion in the six months to 30 June, while adjusted operating profit after tax increased 10% to US$1.52 billion.

Proactive Investors • Aug 27, 2026

Jefferies reiterates Prudential buy rating on Hong Kong confidence and buyback boost

Jefferies has reiterated its 'buy' rating on Prudential PLC (LSE:PRU), the Asia and Africa-focused life insurer, citing management's confidence in demand for its Hong Kong products. New business profit reached $1.384 billion in the first half of 2026, marginally ahead of a consensus estimate of $1.379 billion.

Proactive Investors • Aug 27, 2026

Prudential Public H1 Earnings Call Highlights

Prudential Public NYSE: PUK reported first-half 2026 growth across several key financial measures, with new business profit rising 8%, earnings per share increasing 17%, and gross operating free surplus generation climbing 15% from a year earlier.

MarketBeat • Aug 28, 2026

Prudential plc (PUK) Q2 2026 Earnings Call Transcript

Prudential plc (PUK) Q2 2026 Earnings Call Transcript

Seeking Alpha • Aug 27, 2026

Prudential plc (PUK) Q2 2026 Earnings Call Prepared Remarks Transcript

Prudential plc (PUK) Q2 2026 Earnings Call Prepared Remarks Transcript

Seeking Alpha • Aug 27, 2026

Prudential, HSBC and Stan Chart tumble as China closes offshore tax loophole

Prudential PLC (LSE:PRU) shares plunged 11.6% to 967.9p after reports that Chinese authorities had begun taxing returns from offshore insurance policies, threatening demand from mainland customers. The sell-off spread to other Asia-focused FTSE 100 companies, with HSBC Holdings PLC (LSE:HSBA, NYSE:HSBC) and Standard Chartered PLC (LSE:STAN) both dropping over 6%.

Proactive Investors • Aug 5, 2026