Ashik Musaddi's questions to PRUDENTIAL (PUK) leadership • Q1 2023
Question
Inquired about the company's approach to currency risk, the geographic mix of its growth targets, and its cash remittance policy from subsidiaries.
Answer
The CFO explained that currency effects are mainly translational as they match assets and liabilities locally in each market. Growth is expected to come largely from Greater China and ASEAN, but they have the capital flexibility to invest where opportunities arise. For cash upstreaming, they maintain resilient local capital and remit based on free surplus generation, with no impediments to a steady flow to the holding company.