Prudential plc (PRU) reported that new business profit for the three months ended Mar, 31 2026 increased 10 per cent year-on-year to 686 million Singapore dollars, driven by growth across all operating segments.

Annual premium equivalent sales rose 6 per cent to 1,823 million Singapore dollars, while the new business margin expanded by two percentage points to 38 per cent.

Hong Kong, Mainland China and Malaysia each recorded double-digit new business profit gains. Bancassurance volumes and margins remained strong, and the agency channel continued to improve through targeted recruitment and digital tools.

Chief Executive Officer Anil Wadhwani said the results underscore the resilience of the firm’s multi-channel, multi-market model and support its outlook for double-digit growth in 2026.

The group initiated a 1.2 billion Singapore dollar share buyback in Jan 2026 and had repurchased about 20 million shares for 312 million Singapore dollars by Mar, 31 2026.

Asset-management arm Eastspring recorded funds under management of 268.9 billion Singapore dollars at Mar, 31 2026, down from 277.7 billion Singapore dollars at Dec, 31 2025, reflecting market and currency movements.