Nasib Ahmed's questions to PRUDENTIAL (PUK) leadership • H1 2025
Question
Nasib Ahmed of UBS Group questioned if further geographic exits were planned, the possibility of increasing ownership in the Malaysian business, and the timeline for operating variances to return to historical positive levels. He also asked about the spending pace of the $1 billion capability investment.
Answer
CEO Anil Wadhwani stated the Africa exits reflect capital discipline and that he could not comment on potential changes to the Malaysian ownership structure. CFO Ben Bulmer confirmed the goal is to return to historic positive variance levels by 2027, driven by underwriting improvements, claims management, and cost containment. Management also detailed the investment spending cadence through 2026.