Prudential Public Limited Company (NYSE:PUK) filed a Form 6-K with the SEC in November 2026 reporting its third-quarter business performance update for the three months ended 30 September 2026, disclosing new business profit, sales volumes, and regional operating conditions.

Key Highlights

  • Q3 new business profit (NBP): $709 million, up 1 per cent on a constant exchange rate (CER) basis compared with the prior year period.
  • Year-to-date NBP: $2,093 million for the nine months ended 30 September 2026, up 6 per cent on a CER basis.
  • NBP margin expanded: 3 percentage points year to date, to 42 per cent from 39 per cent on a CER basis.
  • Excluding Chinese Mainland life operations: NBP grew 13 per cent in Q3 and 11 per cent year to date, according to the filing.
  • Chinese Mainland FY26 NBP guidance revised: The company disclosed it now expects full-year 2026 new business profit in the Chinese Mainland to be "in the order of 10 to 15 per cent lower than 2025."
  • Eastspring funds under management or advice (FUM): $285.7 billion at end of Q3 2026, down from $290.8 billion at 30 June 2026, with net inflows of $5.4 billion more than offset by market movements and a $2.6 billion FUM reduction tied to the IPAMC stake sale.
  • Share buybacks: $1.0 billion completed in the nine months to 30 September 2026, with the total expected to reach $1.5 billion by year end.

Prudential Plc Third-Quarter 2026 Performance: Regional Drivers and Revised Chinese Mainland Outlook

According to the filing, Prudential Public Limited Company (NYSE:PUK) reported Q3 2026 group new business profit of $709 million, a 1 per cent increase on a CER basis and also a 1 per cent increase on an actual exchange rate (AER) basis. APE sales for the same quarter were $1,596 million, a decline of 6 per cent on a CER basis and 7 per cent on an AER basis. CEO Anil Wadhwani noted in the filing that the bancassurance channel outside the Chinese Mainland delivered new business profit growth "in excess of 20 per cent in Q3," led by Hong Kong and new product launches in Thailand.

The filing disclosed that Chinese Mainland life operations, conducted through CITIC Prudential Life, saw new business profit "decline significantly" in Q3 due to recent changes to bancassurance expense regulations and a high prior-year comparison period. The company stated that Q3 new business profit margin for Chinese Mainland operations exceeded 40 per cent, while the nine-month margin stood at 35 per cent. The filing noted that the company now expects FY26 Chinese Mainland new business profit to be "in the order of 10 to 15 per cent lower than 2025," and characterized achievement of the group's FY26 overall new business profit growth guidance as "more stretching than anticipated." The company stated it "remain[s] focused on delivery of our FY26 guidance of double-digit growth across our four Key Financial Metrics."

Elsewhere, the filing reported that Malaysia delivered another quarter of double-digit new business profit growth, while Indonesia's total Q3 new business profit was "marginally below the prior year" due to lower agency sales in July and August. The filing also referenced a monitoring of potential MSCI reclassification of Indonesia Indexes. Eastspring FUM fell from $290.8 billion to $285.7 billion over the quarter, partly reflecting Prudential's sale of a 2.0 per cent stake in IPAMC, which reduced Prudential's ownership in IPAMC to 32.6 per cent. On 26 October, Naveed Irshad joined the company as an additional regional CEO and member of the Group Executive Committee, the filing stated.

What Was Disclosed

Prudential Plc reported Q3 2026 group new business profit of $709 million (up 1 per cent CER), year-to-date NBP of $2,093 million (up 6 per cent CER), a revised Chinese Mainland full-year outlook, Eastspring FUM of $285.7 billion, and $1.0 billion in share buybacks completed through 30 September 2026.