Prudential plc has announced its financial results for the year ended 31 December 2025, demonstrating sustained, high-quality growth across all four quarters, markets, and distribution channels. The performance underscores the strength of the Group’s strategy across Asia and Africa. Based on constant exchange rates, key financial highlights include:

  • New business profit on a traditional embedded value (TEV) basis grew 12 per cent to $2,782 million and new business margin increased 2 ppts to 42 percent.

  • Operating free surplus generated from in-force insurance and asset management business was up 15 per cent to $3,059 million.

  • Earnings per share based on adjusted operating profit grew by 12 per cent to 101.4 cents per share with adjusted operating profit before tax up 5 per cent to $3,306 million.

  • 2025 total dividend of 26.60 cents per share, up 15 per cent, with 2025 second interim dividend of 18.89 cents per share.

    Prudential continues to enhance capital management to deliver sustained shareholder returns and expects to return more than $7 billion to shareholders between 2024 and 2027. Key initiatives include the successful completion of a $2 billion share buyback, the IPO of ICICI Prudential Asset Management Company (IPAMC) in 2025, an additional $1.2 billion share buyback initiated in 2026, and a projected capital return of $1.3 billion in 2027.

    Supported by its strong financial position and robust capital base, S&P Global Ratings has upgraded Prudential’s Financial Strength Rating to AA from AA-.

    Anil Wadhwani, Chief Executive Officer of Prudential plc, said that “2025 has been a year of strong and consistent performance, delivering double-digit growth. This has been driven by continued demand for solutions that address protection needs, retirement planning, as well as wealth management and succession across Asia and Africa.

    “We have also accelerated our digital capabilities to expand customer reach and enhance service delivery, empowering our agents to provide better customer experiences. Combined with our diversified distribution channels, including agency and strong bancassurance partnerships, we are confident in sustaining double-digit growth and achieving our 2027 financial targets.”

    Thailand remains a key growth market within the ASEAN region. According to the Thai Life Assurance Association (TLAA), the Company’s Annual Premium Equivalent (APE) increased by 13% year-on-year, elevating its market position to 5th in the life insurance industry. This reflects the Company’s ability to maintain growth momentum amid ongoing economic volatility. Bancassurance continues to be a major growth driver, with Prudential Thailand maintaining a top 3 position in the segment, alongside other key channels including agency, telemarketing, and digital platforms.

    Over the past year, Prudential Thailand launched a range of innovative products tailored to evolving customer needs, including a whole life participating product designed specifically for High Net Worth (HNW) and Affluent customers. These solutions support effective long-term wealth succession and wealth transfer planning. Growth in APE, combined with a more efficient distribution mix, has contributed to the Company’s improved new business profit.

    Looking ahead, Prudential remains committed to enhancing customer experiences and strengthening its position as a trusted partner in life, health, savings, and investment planning. Guided by its purpose— “For Every Life, For Every Future”—the Company continues to support Thai customers in navigating today’s uncertainties with confidence.