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olivLaw · US equity research

Prudential plc PUK

Life Insurance · SIC 6311 · Vertical: Life Insurance (SIC 6311)

26.39USD+4.35% · 1 dayClose 04 Nov 2026

Prudential plc is a life, health and asset management group operating in Asia and Africa, serving over 17 million customers across 20 markets. For the company, the current stakes lie in growth in its emerging markets, disciplined capital allocation and a dividend policy that rose 15 percent in 2025.

The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).

At the close of 04 Nov 2026, Prudential plc (PUK) stock was 26.39 USD (+4.35% on the day), with market capitalisation 67.2 bn USD, P/E 17.2 on diluted EPS of 1.54 USD over the last 12 months, dividend yield 0.91%, beta 0.98, 52-week range 23.54–33.61 USD.

Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.

Market cap
67.2 bn USD
shares as of 31 Dec 2025
P/E (TTM)
17.2
Diluted EPS TTM 1.54 · TTM to 31 Dec 2025
E/P (TTM)
5.82%
TTM to 31 Dec 2025
Dividend yield
0.91%
DPS 12m 0.24
Beta (2y)
0.98
Volatility (1y) 29%
52-week range
23.5433.61

Price history

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Technical reading

RSI (14)
70.2
overbought (≥ 70)
Bollinger (20, 2)
22.98 – 25.55
above the upper band · %B 1.33 · band width 10.6%
SMA 50 / 200
25.43 / 28.45
mixed trend
MACD (12, 26, 9)
0.02 / -0.31
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyS&P 500vs S&P 500Vertical median
1 month+7.7%−1.1%+8.8 pp—
3 months−5.6%−0.5%−5.1 pp—
6 months−18.4%+4.4%−22.8 pp—
Year to date−15.2%+12.3%−27.5 pp—
1 year−5.9%+13.5%−19.5 pp+5.9%
3 years+18.4%+76.4%−58.0 pp+51.2%
5 years−33.9%+63.7%−97.6 pp—
Max drawdown (1y)
−30.0%
29 Jan 2026 → 07 Oct 2026
Max drawdown (5y)
−64.2%
08 Nov 2021 → 13 Jan 2025
Compound annual growth (5y)
−8.0%
S&P 500 +10.4%

Price returns, dividends excluded.

Quarterly results

ESEF annual reports carry no quarters: the results are annual (below).

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 0 percentile of its own 7-quarter history (min 19.0, median 36.3, max 121.9; quarters with earnings only).

Fiscal years

Fiscal year2018⚠ 201920202021⚠ 2022202320242025
Revenue45.0 bn23.4 bn22.5 bn23.0 bn9.0 bn9.7 bn10.7 bn11.5 bn
Revenue YoY+12.9%—−3.8%+2.4%—+8.4%+10.3%+7.0%
Net income4.0 bn783.0 m2.1 bn-2.0 bn-1.0 bn1.7 bn2.3 bn4.0 bn
Net income YoY+30.5%—+170.5%−196.4%—unavailable+34.3%+74.1%
Diluted EPS1.560.300.82-0.78-0.370.620.841.54
Diluted EPS YoY+30.1%—+169.3%−195.2%—unavailable+35.7%+82.7%
net %8.9%3.3%9.4%-8.9%-11.2%17.5%21.3%34.6%
Free cash flow2.3 bnunavailableunavailableunavailableunavailableunavailableunavailableunavailable

The series breaks before 2019, 2022: earlier years come from the original reports of the issuer of that time, later years from a subsequent filing that restated the perimeter (a separation, discontinued operations). The year-on-year change across the break is not shown.

Reported results vs expectations

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Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
7.7 bn USD
Financial debt
unavailable USD
Net debt
unavailable USD
Equity
21.4 bn USD
Total assets
212.2 bn USD
Debt / equity
unavailable
Current ratio
unavailable
ROE
19.9%
ROA
2.0%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (USD)

Income statement · USD

Pre-tax income
2023
2.3 bn
2024
3.2 bn
2025
5.1 bn

SEC (XBRL)· 26 Mar 2026verified

Net income
2023
1.7 bn
2024
2.3 bn
2025
4.0 bn

SEC (XBRL)· 26 Mar 2026verified

Diluted EPS
2023
0.62
2024
0.84
2025
1.54

SEC (XBRL)· 26 Mar 2026verified

Dividend per share
2023
0.19
2024
0.21
2025
0.24

SEC (XBRL)· 26 Mar 2026verified

Balance sheet · USD

Cash
2023
4.8 bn
2024
5.8 bn
2025
7.7 bn

SEC (XBRL)· 26 Mar 2026verified

Total assets
2023
174.1 bn
2024
181.9 bn
2025
212.2 bn

SEC (XBRL)· 26 Mar 2026verified

Total liabilities
2023
156.1 bn
2024
163.2 bn
2025
190.8 bn

SEC (XBRL)· 26 Mar 2026verified

Equity
2023
18.0 bn
2024
18.7 bn
2025
21.4 bn

SEC (XBRL)· 26 Mar 2026verified

Shares outstanding at year end
2023
2.8 bn
2024
2.7 bn
2025
2.5 bn

SEC (XBRL)· 26 Mar 2026verified

Cash flow · USD

Share repurchases
2023
0
2024
860.0 m
2025
1.3 bn

SEC (XBRL)· 26 Mar 2026verified

Computed indicators

Growth

Revenue growth (YoY)
7.0%
computed by olivLawFY 2025
Revenue CAGR 3Y
8.5%
computed by olivLawFY 2022 → FY 2025
Revenue CAGR 5Y
-12.6%
computed by olivLawFY 2020 → FY 2025
Net income growth (YoY)
74.1%
computed by olivLawFY 2025
Net income CAGR 3Y
unavailable
the base of the ratio is not positive
Net income CAGR 5Y
13.4%
computed by olivLawFY 2020 → FY 2025
EPS growth (YoY)
82.7%
computed by olivLawFY 2025
EPS CAGR 3Y
unavailable
the base of the ratio is not positive
EPS CAGR 5Y
13.5%
computed by olivLawFY 2020 → FY 2025

Profitability

Net margin
34.6%
computed by olivLawFY 2025

Returns

ROE
21.2%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROA
2.0%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Payout ratio (EPS)
15.6%
computed by olivLawFY 2025

Market and valuation

Market capitalisation
67.2 bn USD
computed by olivLawbalance sheet at 31 Dec 2025
Market cap / net income TTM
16.9x
computed by olivLawFY 2025
P/E (TTM)
17.2x
computed by olivLawFY 2025
Earnings yield
5.8%
computed by olivLawFY 2025
P/B
3.3x
computed by olivLawbalance sheet at 31 Dec 2025
P/S
5.9x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Dividend yield
0.9%
computed by olivLawFY 2025
Shareholder yield (distributions)
1.9%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025

Insurance

Loss ratio
unavailable
input data missing

32 indicators that do not apply to the sector.

Valuation

olivLaw classification

Unattractive profile

Score: 48 / 100

A scoring methodology on indicators and valuation, not investment advice.

(margin_of_safety <= -0.25 & agreement in ['high', 'medium'])

Closing price

26.39 USD

04 Nov 2026Source: olivLaw, closing series

Market cap: 67.2 bn USD

Key indicators

Market capitalisation
67.2 bn USD
computed by olivLawbalance sheet at 31 Dec 2025
P/E (TTM)
17.2x
computed by olivLawFY 2025
P/B
3.3x
computed by olivLawbalance sheet at 31 Dec 2025
ROE
21.2%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Net margin
34.6%
computed by olivLawFY 2025
Revenue growth (YoY)
7.0%
computed by olivLawFY 2025
Dividend yield
0.9%
computed by olivLawFY 2025

Coverage and freshness

10/20 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 31 Dec 2025
Latest balance sheet date: 31 Dec 2025
Share count (cover of the latest filing), as of: 31 Dec 2025
Source: SEC (XBRL)published 26 Mar 2026
verified 188

Score by group

  • Balance sheet61
  • Valuation13
  • Quality84
  • Growth85
  • Returns42

Estimated value range

Low
7.67
USD per share
Mid
12.09
USD per share
High
15.19
USD per share
Price: 26.39 USD
The price is above the range
Potential to the central value: -54.2% (value / price − 1)
Margin of safety: -118.3% (1 − price / value)
Agreement between methods: medium · 4 methods used · 3 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 2.26 – 25.39 USD.

Methods computed but outside the aggregate range: Dividend discount (DDM) (a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate).

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (USD per share)

— — Mid · ▏ Price

Valuation methods

  • Residual income9.95 – 10.42 (Mid 10.18)
  • Justified P/B18.88 – 25.39 (Mid 21.66)
  • Dividend discount (DDM)outside the aggregate3.15 – 4.24 (Mid 3.62)
    a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate
  • Peers: P/E5.39 – 19.90 (Mid 14.00)
    16 companies used · median multiple 9.1x · quartiles 3.5x – 13.0x
    AAME, ANG-PD, ATHS, BHF, CIA, CRBD, FG, GL, GNW, JXN, LNC, MET, PFH, PRI, RGA, VOYA
  • Peers: P/B2.26 – 10.48 (Mid 5.54)
    15 companies used · median multiple 0.7x · quartiles 0.3x – 1.3x
    AAME, ANG-PD, ATHS, BHF, CIA, CRBD, FG, GL, GNW, JXN, LNC, MET, PFH, RGA, VOYA
Multiple comparisons use the SIC vertical: Life Insurance (SIC 6311)

Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.

Assumptions (illustrative, editorial)

Risk-free rate
4.3%
Equity risk premium
5.0%
Beta (default)
1.00
Cost of equity
9.3%
Terminal growth
2.5%

Factor scorecard

Unattractive profile · Score 48/100

FactorValueScoreWeight used
ROE · Quality21.2%84 (vs peers)23%
Loss ratio · Qualityunavailableunavailable—
EPS CAGR 3Y · Growthunavailableunavailable—
Revenue CAGR 3Y · Growth8.5%85 (on a fixed band)10%
ROA · Balance sheet2.0%61 (on a fixed band)10%
P/B · Valuation3.3x6 (vs peers)18%
P/E (TTM) · Valuation17.2x19 (vs peers)18%
Dividend yield · Returns0.9%8 (vs peers)13%
Payout ratio (EPS) · Returns15.6%100 (on a fixed band)8%

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet61/100 · 1/1 factors with a value
  • Growth· partial85/100 · 1/2 factors with a value
  • Quality· partial84/100 · 1/2 factors with a value
  • Returns42/100 · 2/2 factors with a value
  • Valuation13/100 · 2/2 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

PRUDENTIAL PLC (PUK). Latest full fiscal year: 2025; data up to 2025-12-31.

Figures computed from the financial statements: YoY growth 7.0%; net margin 34.6%; ROE 21.2%.

The estimated value range is 7.67–15.19 USD per share (median of 4 methods, agreement: medium); assumptions are illustrative. Against the central value of 12.09 USD, the price of 26.39 USD leaves a potential of -54.2% (value / price − 1) and a margin of safety of -118.3% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

olivLaw score 48/100, methodological classification: unattractive profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: growth, quality. Not investment advice.

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • ROE: 21.2%
  • Revenue CAGR 3Y: 8.5%
  • Payout ratio (EPS): 15.6%

What contradicts it

  • P/B: 3.3x
  • P/E (TTM): 17.2x
  • Dividend yield: 0.9%
  • The price is above the estimated value range

Not assessed (insufficient data or a ratio without meaning): Loss ratio, EPS CAGR 3Y.

Versus the vertical median

Life Insurance (SIC 6311) · same industry (4-digit SIC) · compared with 19 companies

Multiples and returns vs the median

P/E
17.2x
vertical median 9.1x
above median (+88.6%)
EV/EBITDA
—
vertical median —
P/S
5.9x
vertical median 0.5x
above median (+1,136.5%)
P/B
3.3x
vertical median 0.8x
above median (+320.2%)
ROE
21.2%
vertical median 11.7%
above median (+80.4%)
Net margin
34.6%
vertical median 8.1%
above median (+326.7%)
EBIT margin
—
vertical median —
Revenue YoY
7.0%
vertical median 4.3%
above median (+61.4%)
Net debt/EBITDA
—
vertical median —
Dividend yield
0.9%
vertical median 2.2%
below median (−59.2%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
PUKPrudential PLC67.2 bn17.221.2%34.6%+7.0%−6% / +18%
METMetLife, Inc.65.4 bn19.513.2%4.6%+8.6%+34% / +62%
RGAReinsurance Group Of America, Incorporated17.4 bn11.711.7%5.8%+7.2%+40% / +64%
GLGlobe Life Inc.12.2 bn10.819.3%18.9%+3.7%+20% / +31%
VOYAVoya Financial, Inc.9.3 bn16.714.3%7.8%+1.7%+49% / +46%
CRBDCorebridge Financial, Inc.9.3 bn4.621.7%10.6%−1.2%−11% / unavailable
JXNJackson Financial Inc.9.1 bn11.19.5%13.4%+104.3%+40% / +188%
PRIPrimerica, Inc.8.8 bn11.433.0%23.2%+6.6%+11% / +36%
LNCLincoln National Corp8.0 bn3.622.6%12.2%−1.2%+1% / +75%
PFHPrudential Financial, Inc.5.3 bn1.412.6%6.3%−13.7%−11% / −20%
GNWGenworth Financial, Inc.3.5 bn17.52.4%2.9%+0.1%+6% / +56%
FGF&G Annuities & Life, Inc.2.9 bn7.49.2%6.9%−0.2%−32% / −46%
BHFBrighthouse Financial, Inc.2.4 bn3.313.6%12.5%+43.2%−35% / −18%
CIACitizens, Inc.209.2 m18.05.0%4.5%+4.3%−31% / +25%
AAMEAtlantic American Corporation24.3 m4.35.2%2.9%+11.9%−51% / −39%
ATHSAthene Holding Ltd4.7 m0.04.5%2.9%+24.1%−8% / unavailable
ANG-PDAmerican National Group Inc.215.5 k0.08.4%12.6%−0.4%−15% / unavailable
MFCManulife Financial Corporation——11.0%68.5%+7.1%+31% / +135%
SLFSun Life Financial Inc——14.2%8.5%+8.0%+39% / +62%
AEGAegon Ltd.——10.5%—+1.1%+7% / +56%

1- and 3-year price returns: for PUK from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (USD)

Estimated priceBearBaseBull
1 years
16.51
Total return -37% · Per year -37%
29.13
Total return 11% · Per year 11%
43.81
Total return 67% · Per year 67%
3 years
17.35
Total return -32% · Per year -12%
34.32
Total return 33% · Per year 10%
56.48
Total return 118% · Per year 30%
5 years
18.24
Total return -27% · Per year -6%
40.44
Total return 59% · Per year 10%
72.82
Total return 184% · Per year 23%
What moves the 3-year price the most
  • Exit P/E± 8.58
  • Net margin± 6.01
  • Annual revenue growth± 4.75
  • Annual dilution± 0.50

AI analysis

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

Possibly outdated: the newest document it read is from 26 Mar 2026; since then the company filed 6-K (03 Nov 2026), 6-K (02 Nov 2026), 6-K (30 Oct 2026), 6-K (26 Oct 2026), 6-K (21 Oct 2026).

In brief

Prudential plc is a life, health and asset management group operating in Asia and Africa, serving over 17 million customers across 20 markets 1. For the company, the current stakes lie in growth in its emerging markets, disciplined capital allocation and a dividend policy that rose 15 percent in 2025 1.

SWOT

Strengths

  • Multi-market presence with top positions in many jurisdictions, a balanced distribution network and a long-established brand in the region 1.
  • The integration of life insurance with asset management through Eastspring offers products and investments under one roof 1.
  • Stated discipline in capital allocation and shareholder returns, with buyback programmes and a rising dividend 1.

Weaknesses

  • Reliance on the bancassurance channel exposes the group to the contractual terms and decisions of its bank partners 1.
  • Operating in many different jurisdictions increases regulatory complexity and compliance costs 1.
  • In some markets the leading position is contested by local operators with greater resources or stronger brands 1.

Opportunities

  • The health and life protection gap in emerging markets could drive premium growth if products are adapted to local needs 1.
  • Transforming the health business model and expanding digital channels could raise penetration in new segments 1.
  • Global investment flows directed towards Asia could expand the asset management franchise 1.

Threats

  • Geopolitical tensions and trade restrictions could affect investments, capital movements and customer behaviour 1.
  • Regulatory changes and capital requirements could alter product profitability and operating costs 1.
  • Cyber risks and system failures could lead to financial losses and reputational damage 1.

Risks

  • Geopolitical and market riskshigh

    Political instability, conflicts and fluctuations in interest rates and exchange rates can affect asset values and group results 1.

  • Changing regulationhigh

    Changes to solvency, accounting and tax frameworks in the jurisdictions where the group operates could reduce profitability or raise capital requirements 1.

  • Cyber and operational risksmedium

    Disruption of IT systems, cyberattacks or difficulties integrating AI tools could affect services and customer data 1.

  • Dependence on partnershipsmedium

    Joint ventures and bank partnerships carry non-financial and financial risks, and strategic changes by partners could affect distribution 1.

  • Mortality and lapse rateslow

    Changes in mortality, morbidity, lapse or policy renewal rates could alter actuarial results 1.

Investment thesis

What would need to be true (bull case)

  • If demand for health and life protection grows in emerging markets, the group could benefit from a broad customer base and local leadership positions 1.
  • If the buyback programme and dividend policy are maintained, shareholder returns could be supported by capital generation 1.
  • If Eastspring continues to attract funds from the region, integration with insurance could strengthen asset management revenue 1.

What would break the thesis

  • If geopolitical tensions intensify, demand and investment could be affected in several markets at once 1.
  • If regulation becomes stricter, capital requirements and compliance costs could compress margins 1.
  • If competition from local operators sharpens, the group could lose market share in some countries 1.

What to watch

  • Execution of the 2026 share buyback and dividend payments2026
  • Progress towards double-digit growth targets for key metrics2026
  • Hong Kong Insurance Authority approval of the 2027 capital return2027
  • Progress in launching the standalone health insurance business in Indianext 10-K

Products, market & competition

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

Possibly outdated: the newest document it read is from 26 Mar 2026; since then the company filed 6-K (03 Nov 2026), 6-K (02 Nov 2026), 6-K (30 Oct 2026), 6-K (26 Oct 2026), 6-K (21 Oct 2026).

The business

Prudential plc, headquartered in Hong Kong with dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU), offers life, health and protection insurance as well as asset management through Eastspring 1. The group relies on a balanced distribution network that includes agents, bancassurance and digital channels, and on a brand with a heritage of nearly 180 years 1. Its strategy aims to widen access to financial and health protection for an underserved population in Asia and Africa, mainly through bank partnerships and the transformation of its agency model 1.

The company describes high-quality growth, disciplined capital allocation and long-term shareholder value as its priorities, with double-digit growth targets for its key metrics in 2026 1. The group has also announced an additional share buyback for 2026, while its dividend policy aims to grow in line with operating free surplus generation 1.

The market structure matters because Prudential is not uniform: its business is organised around several growth engines, each with its own dominant channel and regulatory profile 1.

Segments

Greater China

The Greater China segment covers Hong Kong, Macau, Mainland China and Taiwan, with a tech-enabled agency platform and long-standing exclusive bancassurance partnerships 1. APE sales for Hong Kong and Macau reached 2,221 million USD, in a top 5 position 1.

ASEAN

The ASEAN segment spans nine markets anchored in Indonesia, Malaysia and Singapore and is described as the region's leading multi-channel distribution franchise, with leadership in bancassurance 1. The accessible population exceeds 700 million people 1.

Africa and India

Africa covers five markets with access to over 400 million people and market-leading positions in Uganda and Zambia, while India is run through a long-standing partnership with ICICI Bank 1.

Market context

Prudential bases its strategy on low life insurance penetration in its markets and a health protection gap estimated at around 300 billion USD in premium-equivalent terms 1. Demand in Asia is supported by rising household wealth and the global reallocation of investment flows towards the region 1.

The sources cited by the company place the group among the top three or top five operators in most of its life markets, but the position differs widely between jurisdictions, and in some countries local operators remain dominant 1.

Trends

  • Low life insurance penetrationtailwind

    Low penetration in Asia and Africa could support long-term premium growth if protection demand converts into sold products 1.

  • Global investment flows towards Asiatailwind

    If global investment flows continue to move towards Asia, the Eastspring asset management business could benefit from a broader client base 1.

  • Geopolitical and trade tensionsheadwind

    Geopolitical conflict, trade restrictions and sanctions can affect capital, investment and customer behaviour, with consequences for product affordability 1.

  • Digital transformation of distributionmixed

    Technology and rapid innovation can raise distribution efficiency, but they require investment and carry operational and cybersecurity risks 1.

Competitive position

Prudential describes its competition as diverse: subsidiaries of global life insurers, but also local and sometimes state-owned operators, and in some countries competitors have greater financial resources and stronger brands 1. The main competitive factors are prices and yields offered, financial strength and ratings, commission levels, and product quality 1.

In Hong Kong and Singapore the market is dominated by subsidiaries and branches of global groups, while in Taiwan local domestic insurers dominate, so competitive pressure varies widely from one market to another 1.

  • Subsidiaries of global life insurance groups

    Global insurers are cited as competitors in Hong Kong, Singapore and South-east Asia, sometimes with greater financial resources and stronger brands 1.

  • Local and state-owned insurers

    Domestic insurers dominate many Asian and African markets and in some cases operate through joint ventures with global groups 1.

  • Joint ventures with local partners

    Joint ventures between global groups and local partners are present in markets where bank distribution is central 1.

  • Regional asset managers

    Competition in asset management comes from local funds and managers, which may differ in scale and performance 1.

News & filings

In the press

The latest news item in our archive is from 09 Oct 2026; the newest SEC filing is from 03 Nov 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.

Sources

  1. [1] Form 20-F, fiscal year ended 2025-12-31 · SEC / Prudential plc · 26 Mar 2026

Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.