Prudential's operating profits fell by £110m to £543m in the first six months of the year, down from £653m in the same period last year.
Much of the downturn was due to falling stock markets and the company moved to reassure investors that it was still solvent.
It reported its free asset ratio - the ability to cover liabilities with assets - was 11% at the end of June. This was above the danger level of 8% but had slipped from 12.2% six months earlier.
The life company sold its general insurance business to Churchill in November.
Pre-tax profit was £166m, down from £364m and earnings per share was 18.4p, down from 23.4p.
The company announced an interim dividend of 8.9p.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
