17 Oct 2025
Prudential supports D-SII classification by the Hong Kong Insurance Authority and confirms no change to its business operations or capital management plans
17 October 2025, Hong Kong – Prudential plc (Prudential) confirms that its business operations and multi-year capital management programme, announced with its Half-Year 2025 results, are unaffected following Prudential Corporation Asia Limited (PCAL)’s classification today as a Domestic Systemically Important Insurer (D-SII) by the Insurance Authority Hong Kong. PCAL is the senior regulated entity within the group.
Prudential remains strongly capitalised with a shareholder solvency ratio of 267%1 and capital surplus of USD $16.22 billion.
As a D-SII, Prudential is recognised for its significant size and market importance such that it plays a critical role in the stability of the domestic financial system and broader economic activity of Hong Kong.
Prudential supports regulatory enhancements that strengthen the resilience of Hong Kong as a leading financial services centre and the continued delivery of high-quality service for its customers.
1Shareholder GWS coverage ratio over GPCR as at 30 June 2025.
2Shareholder GWS capital surplus over GPCR as at 30 June 2025.
Contact
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Investors/Analysts |
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Simon Kutner |
+44 7581 023260 |
UK |
Patrick Bowes |
+852 2918 5468 |
HK |
Sonia Tsang |
+852 5580 7525 |
HK |
William Elderkin |
+44 2039 779215 |
UK |
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Ming Hau |
+44 2039 779293 |
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Bosco Cheung |
+852 2918 5499 |
HK |
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Tianjiao Yu |
+852 2918 5487 |
HK |
About Prudential plc
Prudential provides life and health insurance and asset management in Greater China, ASEAN, India and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (HKEX: 2378) and the London Stock Exchange (LSE: PRU). It also has a secondary listing on the Singapore Stock Exchange (SGX: K6S) and a listing on the New York Stock Exchange (NYSE: PUK) in the form of American Depositary Receipts. It is a constituent of the Hang Seng Composite Index and is also included for trading in the Shenzhen-Hong Kong Stock Connect programme and the Shanghai-Hong Kong Stock Connect programme.
Prudential is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.
www.prudentialplc.com/