Group at a glance

Prudential plc is an Asia-led group providing health, protection and savings solutions to more than 20 million customers

Our differentiated product portfolio in Asia and Africa is well positioned to meet the health, protection and savings needs of the region, where insurance penetration is low and demand for savings solutions is rapidly developing. Our trusted brands, digitally enabled multi-channel distribution and efficient and agile infrastructure enable us to meet the growing needs of our customers for long-term savings and financial security.

Asia growth

Pan-regional multi-channel network
  • Top three position in nine out of 13 life markets
  • 20m downloads of our super-app, Pulse by Prudential
  • Largest pan-Asian retail asset manager excluding Japan

Africa opportunity

Rapidly growing multi-product, multi-distribution business with operations across the continent
  • Building a presence in one of the world’s most under-penetrated markets.
  • Operating in eight markets with a combined population of almost 400 million.

US separation

Mike Wells
Group Chief Executive
Group Chief Executive
We are well placed to continue to deliver value for our shareholders and all our stakeholders.

Like all businesses, we faced new and unexpected challenges throughout 2020, but I am pleased to say that, thanks to the dedication of our people, we made considerable progress on all fronts. We are well placed to weather the continuing effects of Covid-19 and to deliver for our customers and shareholders over the longer term.

Mark FitzPatrick
Group Chief Financial Officer and Chief Operating Officer
Group Chief Financial Officer and Chief Operating Officer

The Group has delivered positive operating results while supporting our colleagues, distributors, customers and communities during the disruption caused by Covid-19. Alongside, we have accelerated preparations for the proposed separation of Jackson and continue to develop our capabilities and presence in our chosen Asia and Africa markets, which will position the Group well for success in the future.

Our performance

Our year in numbers

$2,185m

IFRS profit after tax

$5,507m

Adjusted operating profit

$2,802m

New business profit

$11.0bn

LCSM shareholder surplus

16.10¢

Full-year ordinary dividend per share

Group strategy and operations

Our intention is to take full advantage of the long-term structural opportunities in Asia and Africa and to pursue a path for a fully independent Jackson.

$3,667m

adjusted Asia operating profit

$248bn

total funds under management

51%

growth in APE sales in Africa

Purpose and responsibility

In 2020 we reviewed our ESG strategy to evaluate how we use our capabilities to maximise our positive social and environmental impact. This strategic review reflected our strategic focus on Asia and Africa, our continued evolution into a digitally enabled business, and how the Covid-19 pandemic has highlighted the global need for access to healthcare.

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        Jackson National Life Insurance Company

        Prudential

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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.

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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).