**Prudential PLC Q3 2025 Business Performance Update Summary**
Prudential PLC reported strong Q3 2025 results, highlighting continued double-digit growth across key metrics. **New business profit** rose by **13%** to **$705 million** year-on-year, while **APE (Annual Premium Equivalent) sales** grew by **10%** to **$1,716 million**. The **new business margin** improved by **1 percentage point**, reflecting a focus on high-quality business.
**CEO Anil Wadhwani** emphasized consistent execution and momentum, attributing growth to improved agency and bancassurance channels. Initiatives to enhance agent quality, productivity, and recruitment (via the PruVenture program) are driving results, particularly in ASEAN markets. Bancassurance margins remained strong, supported by a focus on quality business.
**Regional Highlights**
**Hong Kong**Double-digit new business profit growth, driven by health and protection products.
**Mainland China**CITIC Prudential Life achieved strong growth in both agency and bancassurance, leveraging market opportunities.
**Indonesia**Lower new business profit due to civil unrest and normalization, but margins improved with a shift to higher-margin traditional products.
**Malaysia**Sequential growth in new business profit, recovering from earlier market disruptions.
**Singapore**Growth driven by agency APE sales, particularly in savings products.
**Growth markets**9 out of 13 markets recorded improved new business profit.
**Eastspring** (asset management arm) saw **funds under management** rise to **$286.4 billion**, supported by net inflows and market appreciation. Prudential also continued its **$2 billion share buyback program**, repurchasing **20 million shares** in Q3, totaling **$1.754 billion** to date.
**Strategic Updates**
Prudential Corporation Asia Limited (PCAL) was designated a **Domestic Systemically Important Insurer (D-SII)** by Hong Kong’s Insurance Authority, with no impact on operations.
Progress continues on the **IPO of ICICI Prudential Asset Management Company Limited (IPAMC)** in India.
**Outlook**Prudential remains on track to achieve its **2025 guidance** and **2027 financial objectives**, with consistent performance across regions and channels.
**Key Metrics (Q3 2025)**
New Business Profit**$705 million** (+13% YoY).
APE Sales: **$1716 million** (+10% YoY).
New Business Margin**41%** (+1 ppt YoY).
**Risks**Prudential highlighted ongoing challenges, including economic uncertainty, regulatory changes, climate transition risks, and geopolitical tensions, as detailed in its forward-looking statements and risk factors.
Overall, Prudential’s Q3 results underscore its resilience and strategic focus on sustainable growth across Asia and Africa.