Strong Financial Performance
Prudential achieved double-digit growth across key financial metrics, including a 12% increase in new business profit and adjusted operating profit per share, a 14% growth in gross operating free surplus generation, and a 13% increase in dividends per share.
Capital Management and Shareholder Returns
Prudential announced an updated capital management program, planning to return over $5 billion to shareholders between 2024 and 2027, and a $500 million buyback in 2026, followed by $600 million in 2027.
Expansion and Strategic Investments
Prudential invested $400 million in initiatives to modernize technology and processes, enhance customer engagement, and drive operational effectiveness, with a focus on data, predictive analytics, and AI.
Market-Specific Growth
Prudential reported strong new business profit growth in key markets, including 16% in Hong Kong and 34% in Indonesia, with strategic partnerships enhancing bancassurance performance.