Prudential PLC 3Q New Business Profit Up 13%
By P.R. Venkat
Prudential PLC's third-quarter sales rose on strong growth in key markets, including mainland China, Hong Kong and some Southeast Asian regions.
The insurance and investment business said Thursday that annual premium equivalent sales, a key industry metric, were up 10% on year to $1.72 billion.
"Growth was broad-based, with nine out of 13 markets improving new business profit in Q3 when compared with the same period last year," Prudential PLC Chief Executive Anil Wadhwani said.
New business profit rose 13% to $705.0 million, which it attributed to its multimarket, multichannel strategy.
Write to P.R. Venkat at venkat.pr@wsj.com
(END) Dow Jones Newswires
October 29, 2025 19:07 ET (23:07 GMT)
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