--- title: "Prudential PLC 1Q New Business Profit $686.0 Million, Up 10% on Year" type: "News" locale: "en" url: "https://longbridge.com/en/news/284458758.md" description: "Prudential PLC reported a 10% increase in new business profit for Q1, reaching $686 million, driven by growth in mainland China, Hong Kong, and Malaysia. Annual premium equivalent sales rose 6% to $1.823 billion. CEO Anil Wadhwani expressed confidence in achieving double-digit growth across key financial metrics by 2026 and meeting 2027 objectives." datetime: "2026-04-28T22:40:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284458758.md) - [en](https://longbridge.com/en/news/284458758.md) - [zh-HK](https://longbridge.com/zh-HK/news/284458758.md) --- # Prudential PLC 1Q New Business Profit $686.0 Million, Up 10% on Year By P.R. Venkat Prudential PLC's new business profit rose 10% in the first quarter supported by strong growth in mainland China, Hong Kong and Malaysia. At a constant exchange rate, the new business profit was $686.0 million compared to $625 million a year earlier, Prudential PLC said Wednesday. The insurance and investment company said that annual premium equivalent sales--a key metric for the industry--rose to $1.823 billion, up 6% on year. "We remain confident in delivering double-digit growth across our key financial metrics in 2026 and achieving our 2027 financial objectives," Chief Executive Officer Anil Wadhwani said. Write to P.R. Venkat at venkat.pr@wsj.com (END) Dow Jones Newswires April 28, 2026 18:37 ET (22:37 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [K6S.SG](https://longbridge.com/en/quote/K6S.SG.md) - [PRU.UK](https://longbridge.com/en/quote/PRU.UK.md) - [PUK.US](https://longbridge.com/en/quote/PUK.US.md) - [02378.HK](https://longbridge.com/en/quote/02378.HK.md) ## Related News & Research - [BREAKINGVIEWS-Pru India fix dials up risk — and potential reward](https://longbridge.com/en/news/286716447.md) - [Prudential faces tough road in reviving Bharti AXA Life Insurance biz](https://longbridge.com/en/news/286786329.md) - [A Look At Highwoods Properties (HIW) Valuation After The Bridgestone Tower Sale Announcement](https://longbridge.com/en/news/286453131.md) - [Highwood Asset Management Ltd. Announces First Quarter 2026 Results, And Operational Update](https://longbridge.com/en/news/286419991.md) - [Don't Race Out To Buy Lechwerke AG (FRA:LEC) Just Because It's Going Ex-Dividend](https://longbridge.com/en/news/285922559.md)