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Prudential PLC 1Q New Business Profit $686.0 Million, Up 10% on Year

Provided by Dow Jones Apr 28, 2026, 10:37:00 PM

By P.R. Venkat

Prudential PLC's new business profit rose 10% in the first quarter supported by strong growth in mainland China, Hong Kong and Malaysia.

At a constant exchange rate, the new business profit was $686.0 million compared to $625 million a year earlier, Prudential PLC said Wednesday.

The insurance and investment company said that annual premium equivalent sales--a key metric for the industry--rose to $1.823 billion, up 6% on year.

"We remain confident in delivering double-digit growth across our key financial metrics in 2026 and achieving our 2027 financial objectives," Chief Executive Officer Anil Wadhwani said.

Write to P.R. Venkat at venkat.pr@wsj.com

(END) Dow Jones Newswires

April 28, 2026 18:37 ET (22:37 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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