- Business
- Prudential plc is a British-domiciled multinational insurance and asset management company that provides life and health insurance products including savings and investment-linked insurance, retirement planning solutions, wealth management, health and protection coverage; and asset management services through its Eastspring Investments division to over 18 million customers across 20 markets primarily in Asia and Africa, with operations in Greater China, ASEAN, India and select African countries. Founded in 1848 and headquartered in London with key operational bases in Hong Kong, the company operates through subsidiaries and joint ventures such as CITIC Prudential Life in Mainland China and ICICI Prudential in India, leveraging extensive agent networks, bancassurance partnerships and digital channels to serve individual and institutional clients in emerging markets. Prudential plc maintains dual primary listings on the London Stock Exchange (PRU) and Hong Kong Stock Exchange (2378), with secondary listings on the Singapore and New York exchanges under ticker PUKPF; in recent developments, it reported double-digit new business profit growth in Q3 2025 driven by strong performance in Hong Kong, Mainland China and growth markets, strengthened bancassurance partnerships including with CITIC Bank and BSI in Indonesia, launched a global AI Lab in Singapore in November 2024, expanded its preferred healthcare network, advanced a proposed IPO for ICICI Prudential Asset Management Company filed in July 2025, and continued a $2 billion share buyback programme nearing completion by year-end.