Prudential Posts 12 Percent Rise in New Business Profit
Prudential reported a 12 percent rise in new business profit to 2.78 billion dollars. The insurer plans to return over 7 billion dollars to its shareholders.
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The multinational insurer Prudential plc reported a 12% increase in annual new business profit, citing strong performance across its primary markets in Asia and Africa. Headquartered in the United Kingdom, the company announced plans to return more than $7 billion to its shareholders between 2024 and 2027, a strategy that includes a $1.3 billion capital return scheduled for 2027.
