Prudential plc reported new business profit of $1.384 billion for the first half of 2026, up 8% from the same period last year. Operating profit after tax rose 10% to $1.523 billion, and earnings per share increased 17% to 58.4 cents. The new business margin improved by 2 percentage points to 40%. Chief Executive Anil Wadhwani said growth was driven by the agency and bancassurance channels, as well as investments in digital and AI. The company also announced an additional $300 million share buyback, on top of the existing $1.2 billion program, and raised the interim dividend by 15% to 8.88 cents per share. Prudential increased its stake in its Malaysian life insurance business to 70% and acquired a 75% stake in India's Bharti Life. The company targets double-digit growth in the second half and remains on track for its 2027 financial goals.
Prudential plcPrudential reported higher first-half new business profit, operating profit, EPS, and margin, plus an added $300M buyback and 15% dividend hike.
