Prudential PLC (PUK) has released an update.
Prudential PLC reports a robust capital position in their latest financial update, showcasing a shareholder Group-Wide Supervision capital surplus of $16.1 billion and a total capital surplus of $19.0 billion as of December 2023. The coverage ratios for these surpluses are 295% and 197% respectively, indicating a strong financial buffer above regulatory requirements. The company’s sensitivity analysis indicates resilience to various market conditions, although significant equity market shifts and interest rate changes could impact surplus levels and coverage ratios.
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