About Prudential Plc

Prudential plc – Financial Services Focused on Asia and Africa

About Prudential plc

Prudential plc is a multinational insurance company headquartered in London, England, and Hong Kong. Founded in London in 1848, Prudential provides life and health insurance, as well as asset management, to 18 million customers across 24 markets in Asia and Africa.

Prudential plc's Focus on Asia and Africa

Prudential plc has a strong focus on the Asia and Africa regions, reflecting the company's belief in the long-term growth potential of these markets. The company has a significant presence in Asia, with operations in Hong Kong, China, India, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. In Africa, Prudential has a presence in Cameroon, Ghana, Kenya, Nigeria, Togo, Uganda, and Zambia.

Prudential plc's focus on Asia and Africa is driven by several factors, including the region's large and growing population, rising middle class, and increasing demand for insurance and financial services. The company believes that its strong local presence and understanding of the region's unique needs will enable it to continue to grow its market share in these markets.

Financial Performance

In 2023, Prudential plc reported a strong financial performance. The company's total revenue for the year was GBP53.6 billion, up 10% from the previous year. Net profit for the year was GBP4.4 billion, up 15% from 2022. The company's financial performance was driven by strong growth in its Asia and Africa businesses.