HALF YEAR 2022
$m
HALF YEAR 2021
$m (AER)
Continuing operations:    
New business profit 1,098 1,176
Profit from in-force business 1,001 857
Long-term business 2,099 2,033
Asset management 117 147
Operating profit from long-term and asset management businesses 2,216 2,180
     
Other income (expenditure) (263) (359)
Restructuring and IFRS 17 implementation costs (147) (72)
Operating profit for the period from continuing operations 1,806 1,749
     
Short-term fluctuations in investment returns (5,201) (870)
Effect of changes in economic assumptions (806) 914
Profit (loss) attaching to corporate transactions 62 (56)
Mark-to-market value movements on core structural borrowings 631 170
     
Non-operating (loss) profit from continuing operations (5,314) 158
(Loss) profit for the period from continuing operations (3,508) 1,907
Loss for the period from discontinuing US operations - (10,319)
Loss for the period (3,508) (8,412)
     
Attributable to:    
Equity holders of the Company:    
From continuing operations (3,518) 1,887
From discontinued US operations - (9,174)
  (3,518) (7,287)
Non-controlling interests:    
From continuing operations 10 20
From discontinued US operations - (1,145)
  10 (1,125)
Loss for the period (3,508) (8,412)

Jackson National Life Insurance Company

Prudential

You are about to enter the website of our US affiliate Jackson National Life Insurance Company, an indirect subsidiary of Prudential plc of the United Kingdom.

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Prudential

If you are looking for an affiliate of Prudential Financial, Inc, whose principal place of business is in the United States of America.

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Prudential plc is an international company incorporated in the United Kingdom, and its affiliated companies constitute one of the world’s leading financial services groups. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world, and it has been in existence for over 170 years. Prudential plc is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America, or the Prudential Assurance Company, a subsidiary of M&G plc (a company incorporated in the United Kingdom).

PPM America

Prudential

You are about to enter the website of our US affiliate PPM America, an indirect subsidiary of Prudential plc of the United Kingdom.

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Prudential

If you are looking for an affiliate of Prudential Financial, Inc, whose principal place of business is in the United States of America.

Proceed to the site

Prudential plc is an international company incorporated in the United Kingdom, and its affiliated companies constitute one of the world’s leading financial services groups. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world, and it has been in existence for over 170 years. Prudential plc is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America, or the Prudential Assurance Company, a subsidiary of M&G plc (a company incorporated in the United Kingdom).

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For M&G and Prudential UK customers and policyholders:

In October 2019, Prudential plc separated its UK operations and, as a result of this separation, Prudential UK is now owned by M&G plc. The M&G plc group is a separate, independent group and as such we are not able to help any M&G or Prudential UK customers or policyholders.

Therefore, to find the best way to make contact, please visit www.pru.co.uk/contact-us

For further information on the M&G plc group, please visit the M&G website: www.mandgplc.com