Prudential Financial NYSE: PRU said Japan's Financial Services Agency has extended a business suspension order for Prudential of Japan, or POJ, through Jan. 31, 2027, while also issuing business improvement orders for POJ and Prudential Holdings of Japan.
Under an order from Japan's Financial Services Agency, the financial services firm's Prudential Life Insurance unit cannot solicit new business until Jan. 31, 2027.
Prudential Financial, Assurant, Oscar and Horace Mann have been highlighted in this Industry Outlook article.
Prudential Financial NYSE: PRU Chief Financial Officer Yanela Frias outlined near-term priorities under the insurer's five-year strategy, including capital rotation, expansion of its PGIM asset-management business, cost reductions and selective acquisitions.
When U.K.-based Prudential plc NYSE: PUK spun off its U.S. annuity business as Jackson Financial NYSE: JXN in September 2021, investors might have thought it was a complicated, hand-me-down life insurer. For its first two years, the stock barely moved.
Since May, shares of Prudential Financial have crushed the S&P 500 index. Despite the Japan sales suspension, the company handily surpassed the analyst consensus for after-tax adjusted operating income per share in Q2 2026. Prudential enjoys an A S&P credit rating with a stable outlook.
Prudential Financial NYSE: PRU is narrowing its insurance-business geographic footprint, pursuing targeted acquisitions and reshaping its operating model as it seeks to increase growth, improve capital efficiency and expand the contribution of its asset-management unit, Chairman and CEO Andy Sullivan said at a company event.
JP Morgan has reiterated its overweight rating on Prudential PLC (LSE:PRU), saying the negative market reaction to the insurer's first-half results was overdone. The bank said concerns over first-half new business profit growth and the outlook for Mainland China Visitor business in Hong Kong after Decree 837 tax changes were understandable.
Prudential Public NYSE: PUK reported first-half 2026 growth across several key financial measures, with new business profit rising 8%, earnings per share increasing 17%, and gross operating free surplus generation climbing 15% from a year earlier.
Jefferies has reiterated its 'buy' rating on Prudential PLC (LSE:PRU), the Asia and Africa-focused life insurer, citing management's confidence in demand for its Hong Kong products. New business profit reached $1.384 billion in the first half of 2026, marginally ahead of a consensus estimate of $1.379 billion.
Prudential PLC (LSE:PRU) reported stronger first-half operating profit and new business growth, while increasing its dividend and expanding its 2026 share buyback programme. Adjusted operating profit before tax rose 9% on a constant exchange rate basis to $1.81 billion in the six months to 30 June, while adjusted operating profit after tax increased 10% to US$1.52 billion.
Prudential plc (PUK) Q2 2026 Earnings Call Prepared Remarks Transcript