Prudential posts 8% rise in first-half new business profit
26/08/2026 23:11
Prudential posts 8% rise in first-half new business profit Aug 27 (Reuters) - Insurer Prudential PRU.L, 2378.HK reported a rise in first-half new business profit on Thursday, driven by strong growth in Hong Kong, Malaysia and Singapore.
The London- and Hong Kong-listed insurer's new business profit for the six months ended June 30, reflecting the lifetime profits expected from policies sold, rose to $1.38 billion, 8% higher than last year on a constant exchange rate basis.
The new business profit was largely in line with the Visible Alpha consensus estimate of $1.39 billion.
(Reporting by Sameer Manekar and Shruti Agarwal in Bengaluru; Editing by Vijay Kishore)
((Sameer.Manekar@thomsonreuters.com;
Shruti.Agarwal@thomsonreuters.com;))