Prudential plc Q3 Business Update

Prudential plc has released its business update for the first nine months ended 30 September 2024, reporting year-to-date new business profit of USD 2.347 billion, up 11% at constant exchange rates, and APE sales of USD 4.638 billion, up 7%. The company expects full-year 2024 new business profit growth to be in the range of 9% to 13%, and has also entered into a long-term partnership with Bank Syariah Indonesia, Indonesia's largest Islamic bank, and completed the full acquisition of its life insurance business in Nigeria.