FULL YEAR 2022
$m
FULL YEAR 2021 (AER)
$m
Continuing operations:    
New business profit 2,184 2,526
Profit from in-force business 2,358 1,630
Long-term business 4,542 4,156
Asset management 234 284
Operating profit from long-term and asset management businesses 4,776 4,440
     
Other income (expenditure) (542) (723)
Restructuring and IFRS 17 implementation costs (282) (174)
Operating profit for the year from continuing operations 3,952 3,543
     
Short-term fluctuations in investment returns (6,874) (1,040)
Effect of changes in economic assumptions (1,571) 412
Profit (loss) attaching to corporate transactions 57 (35)
Mark-to-market value movements on core structural borrowings 865 357
     
Non-operating loss from continuing operations (7,523) (306)
(Loss) profit for the year from continuing operations (3,571) 3,237
Loss for the year from discontinued US operations - (10,852)
Loss for the year (3,571) (7,615)
     
Attributable to:    
Equity holders of the Company:    
From continuing operations (3,600) 3,197
From discontinued US operations - (9,647)
  (3,600) (6,450)
Non-controlling interests:    
From continuing operations 29 40
From discontinued US operations - (1,205)
  29 (1,165)
Loss for the year (3,571) (7,615)

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.mandg.com