Prudential delivers strong growth in H1 2025 results

Prudential plc reported a strong performance for the first half of 2025, with new business profit increasing by 12% to $1,260m, driven by a 5% rise in APE sales and margin expansion. Operating free surplus generation from in-force insurance and asset management businesses grew by 14% to $1,560m. Group adjusted IFRS operating profit before tax reached $1,644m, up 6% from 2024. Basic earnings per share, based on adjusted operating profit after tax, increased by 12% to 49.3¢. The first interim dividend for 2025 is set at 7.71¢ per ordinary share, a 13% increase.

The Group's capital position remains robust, with an estimated shareholder surplus above the Group's Prescribed Capital Requirement of $16.2bn as at 30 June 2025, and a cover ratio of 267%. Prudential also announced plans to return more than $5bn to shareholders over 2024–2027, including increased ordinary dividends and additional share buybacks of $500m in 2026 and $600m in 2027. The company's multi-channel distribution platform continued to perform strongly, with agency new business profit up 4% and bancassurance new business profit up 28%.