Prudential
New IP riders kick in with lower premiums, but higher out-of-pocket costs
Insurers are adjusting product features in response to the new framework
Prudential posts 12% rise in new business profit, flags US$7 billion shareholder returns
Its new business profit on a traditional embedded value basis is US$2.8 billion for year ended Dec 31
Eastspring, Reviva to develop private equity strategy to shutter emerging market coal plants
The initiative targets the significant emissions challenge posed by the world’s coal fleet
Prudential pays RM1.5 billion to raise stake in Malaysia unit to 70%
The insurer currently holds a 51% interest while local partner Detik Ria owns the rest
Prudential taps ex-HSBC veteran Douglas Flint as chairman
Flint, who was chairman of HSBC until 2017, will replace Shriti Vadera and will join the board in March
Prudential announces US$1.2 billion share buyback
The repurchase represents about 3% of its issued share capital, based on the Jan 5 closing price
Singapore insurers brace for 2026 as medical inflation climbs and IP rules tighten
Despite challenges, longer-term demographic and wealth trends remain supportive, observers say
Prudential Q3 new business profit rises 14% to US$705 million; regional CEO leaves
John Cai is stepping down after six months for ‘personal reasons’
Prudential Singapore launches edible gardens as part of initiative to promote sustainability
The Healthy Harvest initiative has an initial S$400,000 in seed funding
Growing trust, not just wealth: How they help clients build legacies with purpose
With empathy and a holistic approach, Prudential Singapore’s private client advisors share how wealth planning can be done right for high-net-worth individuals
