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Prudential successfully refocuses on a largely uninsured Asia

Demographics have triggered the shift into high-growth markets
March 9, 2022
  • Strengthening sales across Asia, ex Hong Kong
  • Significant deleveraging of the balance sheet

The traditional image of Prudential (PRU) wasn't exactly belied by the spin-off of M&G (MNG) in 2019, followed by last year's demerger of US-focussed Jackson Life, but management has clearly taken heed of demographic trends by shifting the group’s business focus to Asia and Africa.

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