Prudential Plc (PUK)
The company now
Prudential plc reported first-half new business profit of $1,384 million on 27 August 2026, up 8 percent at constant exchange rates, with margins up 2 percentage points to 40 percent 2. New business profit is the lifetime profit expected from the policies sold in the period 6. Adjusted operating profit before tax rose 9 percent to $1,812 million, while IFRS profit after tax, the accounting profit, was $995 million against $1,359 million a year earlier 2.
In mainland China, new business profit slipped 4 percent to $159 million, which Reuters tied to a shift toward lower-profit products and to rules on bank distribution costs 6. The company said the bancassurance rules require prescriptive expense controls, and it expects full-year mainland profit similar to that of 2025 2.
The company said it is too early to tell whether China's tax enforcement on offshore income will change how mainland visitors buy insurance in Hong Kong 7. It has also agreed to buy 75 percent of Bharti Life in India, a deal that still needs regulatory approval 8.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.