SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of February, 2009
PRUDENTIAL PUBLIC LIMITED COMPANY
(Translation of registrant's name into English)
LAURENCE POUNTNEY HILL,
LONDON, EC4R 0HH, ENGLAND
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b):
82-
Enclosure: Full Year 2008 New Business - Part 2
Schedule 1A - Constant Exchange Rates
PRUDENTIAL PLC - NEW BUSINESS - FULL YEAR 2008
TOTAL INSURANCE AND INVESTMENT NEW BUSINESS
UK |
US |
Asia |
Total |
||||||||||
Note 1a |
Note 1a |
||||||||||||
Note |
FY 2008 |
FY 2007 |
+/-(%) |
FY 2008 |
FY 2007 |
+/-(%) |
FY 2008 |
FY 2007 |
+/-(%) |
FY 2008 |
FY 2007 |
+/-(%) |
|
£m |
£m |
£m |
£m |
£m |
£m |
£m |
£m |
||||||
Total Insurance Products |
7,183 |
6,879 |
4% |
6,941 |
7,063 |
(2%) |
2,673 |
3,149 |
(15%) |
16,797 |
17,091 |
(2%) |
|
Total Investment Products - Gross Inflows |
(2) |
16,154 |
14,745 |
10% |
36 |
65 |
(45%) |
46,957 |
40,875 |
15% |
63,147 |
55,685 |
13% |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
23,337 |
21,624 |
8% |
6,977 |
7,128 |
(2%) |
49,630 |
44,024 |
13% |
79,944 |
72,776 |
10% |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
INSURANCE OPERATIONS
Single |
Regular |
Total |
Annual Equivalents |
||||||||||
Note 3 |
|||||||||||||
FY 2008 |
FY 2007 |
+/-(%) |
FY 2008 |
FY 2007 |
+/-(%) |
FY 2008 |
FY 2007 |
+/-(%) |
FY 2008 |
FY 2007 |
+/-(%) |
||
£m |
£m |
£m |
£m |
£m |
£m |
£m |
£m |
||||||
UK Insurance Operations |
|||||||||||||
Product Summary |
|||||||||||||
Internal Vesting annuities |
1,600 |
1,399 |
14% |
- |
- |
- |
1,600 |
1,399 |
14% |
160 |
140 |
14% |
|
Direct and Partnership Annuities |
703 |
842 |
(17%) |
- |
- |
- |
703 |
842 |
(17%) |
70 |
84 |
(17%) |
|
Intermediated Annuities |
497 |
555 |
(10%) |
- |
- |
- |
497 |
555 |
(10%) |
50 |
56 |
(11%) |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Individual Annuities |
2,800 |
2,796 |
0% |
- |
- |
- |
2,800 |
2,796 |
0% |
280 |
280 |
0% |
|
Equity Release |
242 |
156 |
55% |
- |
- |
- |
242 |
156 |
55% |
24 |
16 |
50% |
|
Individual Pensions |
115 |
38 |
203% |
3 |
1 |
200% |
118 |
39 |
203% |
15 |
5 |
200% |
|
Corporate Pensions |
221 |
283 |
(22%) |
88 |
84 |
5% |
309 |
367 |
(16%) |
110 |
112 |
(2%) |
|
Unit Linked Bonds |
109 |
243 |
(55%) |
- |
- |
- |
109 |
243 |
(55%) |
11 |
24 |
(54%) |
|
With-Profit Bonds |
869 |
297 |
193% |
- |
- |
- |
869 |
297 |
193% |
87 |
30 |
190% |
|
Protection |
- |
- |
- |
6 |
5 |
20% |
6 |
5 |
20% |
6 |
5 |
20% |
|
Offshore Products |
551 |
434 |
27% |
4 |
4 |
0% |
555 |
438 |
27% |
59 |
47 |
26% |
|
Pru Health |
(12) |
- |
- |
- |
16 |
13 |
23% |
16 |
13 |
23% |
16 |
13 |
23% |
Income Drawdown |
(13) |
75 |
34 |
121% |
- |
- |
- |
75 |
34 |
121% |
8 |
3 |
167% |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Retail Retirement |
4,982 |
4,281 |
16% |
117 |
107 |
9% |
5,099 |
4,388 |
16% |
615 |
535 |
15% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
Corporate Pensions |
227 |
198 |
15% |
116 |
115 |
1% |
343 |
313 |
10% |
139 |
135 |
3% |
|
Other Products |
132 |
190 |
(31%) |
21 |
25 |
(16%) |
153 |
215 |
(29%) |
34 |
44 |
(23%) |
|
DWP Rebates |
153 |
143 |
7% |
- |
- |
- |
153 |
143 |
7% |
15 |
14 |
7% |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Mature Life and Pensions |
512 |
531 |
(4%) |
137 |
140 |
(2%) |
649 |
671 |
(3%) |
188 |
193 |
(3%) |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Retail |
5,494 |
4,812 |
14% |
254 |
247 |
3% |
5,748 |
5,059 |
14% |
803 |
728 |
10% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
Wholesale Annuities |
1,417 |
1,799 |
(21%) |
- |
- |
- |
1,417 |
1,799 |
(21%) |
142 |
180 |
(21%) |
|
Credit Life |
18 |
21 |
(14%) |
- |
- |
- |
18 |
21 |
(14%) |
2 |
2 |
0% |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total UK Insurance Operations |
6,929 |
6,632 |
4% |
254 |
247 |
3% |
7,183 |
6,879 |
4% |
947 |
910 |
4% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
Channel Summary |
|||||||||||||
Direct and Partnership |
2,352 |
2,385 |
(1%) |
215 |
212 |
1% |
2,567 |
2,597 |
(1%) |
450 |
451 |
(0%) |
|
Intermediated |
2,990 |
2,284 |
31% |
39 |
35 |
11% |
3,029 |
2,319 |
31% |
338 |
263 |
29% |
|
Wholesale |
1,434 |
1,820 |
(21%) |
- |
- |
- |
1,434 |
1,820 |
(21%) |
143 |
182 |
(21%) |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Sub-Total |
6,776 |
6,489 |
4% |
254 |
247 |
3% |
7,030 |
6,736 |
4% |
932 |
896 |
4% |
|
DWP Rebates |
153 |
143 |
7% |
- |
- |
- |
153 |
143 |
7% |
15 |
14 |
7% |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total UK Insurance Operations |
6,929 |
6,632 |
4% |
254 |
247 |
3% |
7,183 |
6,879 |
4% |
947 |
910 |
4% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
US Insurance Operations |
(1a) |
||||||||||||
Fixed Annuities |
1,724 |
619 |
179% |
- |
- |
- |
1,724 |
619 |
179% |
172 |
62 |
177% |
|
Fixed Index Annuities |
501 |
483 |
4% |
- |
- |
- |
501 |
483 |
4% |
50 |
48 |
4% |
|
Variable Annuities |
3,491 |
4,922 |
(29%) |
- |
- |
- |
3,491 |
4,922 |
(29%) |
349 |
492 |
(29%) |
|
Life |
7 |
8 |
(13%) |
24 |
20 |
20% |
31 |
28 |
11% |
25 |
21 |
19% |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Sub-Total Retail |
5,723 |
6,032 |
(5%) |
24 |
20 |
20% |
5,747 |
6,052 |
(5%) |
596 |
623 |
(4%) |
|
Guaranteed Investment Contracts |
857 |
441 |
94% |
- |
- |
- |
857 |
441 |
94% |
86 |
44 |
95% |
|
GIC - Medium Term Note |
337 |
570 |
(41%) |
- |
- |
- |
337 |
570 |
(41%) |
34 |
57 |
(40%) |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total US Insurance Operations |
6,917 |
7,043 |
(2%) |
24 |
20 |
20% |
6,941 |
7,063 |
(2%) |
716 |
724 |
(1%) |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
Asian Insurance Operations |
(1a) |
||||||||||||
China |
(10) |
63 |
53 |
19% |
32 |
28 |
14% |
95 |
81 |
17% |
38 |
33 |
15% |
Hong Kong |
507 |
543 |
(7%) |
154 |
127 |
21% |
661 |
670 |
(1%) |
205 |
181 |
13% |
|
India |
(6) |
60 |
27 |
122% |
202 |
183 |
10% |
262 |
210 |
25% |
208 |
186 |
12% |
Indonesia |
94 |
121 |
(22%) |
167 |
113 |
48% |
261 |
234 |
12% |
176 |
125 |
41% |
|
Japan |
115 |
150 |
(23%) |
30 |
27 |
11% |
145 |
177 |
(18%) |
42 |
42 |
0% |
|
Korea |
78 |
165 |
(53%) |
211 |
223 |
(5%) |
289 |
388 |
(26%) |
219 |
240 |
(9%) |
|
Malaysia |
28 |
46 |
(39%) |
99 |
87 |
14% |
127 |
133 |
(5%) |
102 |
92 |
11% |
|
Singapore |
341 |
684 |
(50%) |
78 |
77 |
1% |
419 |
761 |
(45%) |
112 |
145 |
(23%) |
|
Taiwan |
153 |
149 |
3% |
189 |
246 |
(23%) |
342 |
395 |
(13%) |
204 |
261 |
(22%) |
|
Other |
(4) |
18 |
40 |
(55%) |
54 |
60 |
(10%) |
72 |
100 |
(28%) |
56 |
64 |
(13%) |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Asian Insurance Operations |
1,457 |
1,978 |
(26%) |
1,216 |
1,171 |
4% |
2,673 |
3,149 |
(15%) |
1,362 |
1,369 |
(1%) |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Group Total |
15,303 |
15,653 |
(2%) |
1,494 |
1,438 |
4% |
16,797 |
17,091 |
(2%) |
3,024 |
3,003 |
1% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
Schedule 1B - Actual Exchange Rates
PRUDENTIAL PLC - NEW BUSINESS - FULL YEAR 2008
TOTAL INSURANCE AND INVESTMENT NEW BUSINESS
UK |
US |
Asia |
Total |
||||||||||
Note 1b |
Note 1b |
||||||||||||
Note |
FY 2008 |
FY 2007 |
+/-(%) |
FY 2008 |
FY 2007 |
+/-(%) |
FY 2008 |
FY 2007 |
+/-(%) |
FY 2008 |
FY 2007 |
+/-(%) |
|
£m |
£m |
£m |
£m |
£m |
£m |
£m |
£m |
||||||
Total Insurance Products |
7,183 |
6,879 |
4% |
6,941 |
6,534 |
6% |
2,673 |
2,901 |
(8%) |
16,797 |
16,314 |
3% |
|
Total Investment Products - Gross Inflows |
(2) |
16,154 |
14,745 |
10% |
36 |
60 |
(40%) |
46,957 |
38,954 |
21% |
63,147 |
53,759 |
17% |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
23,337 |
21,624 |
8% |
6,977 |
6,594 |
6% |
49,630 |
41,855 |
19% |
79,944 |
70,073 |
14% |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
INSURANCE OPERATIONS
Single |
Regular |
Total |
Annual Equivalents |
||||||||||
Note 3 |
|||||||||||||
FY 2008 |
FY 2007 |
+/-(%) |
FY 2008 |
FY 2007 |
+/-(%) |
FY 2008 |
FY 2007 |
+/-(%) |
FY 2008 |
FY 2007 |
+/-(%) |
||
£m |
£m |
£m |
£m |
£m |
£m |
£m |
£m |
||||||
UK Insurance Operations |
|||||||||||||
Product Summary |
|||||||||||||
Internal Vesting annuities |
1,600 |
1,399 |
14% |
- |
- |
- |
1,600 |
1,399 |
14% |
160 |
140 |
14% |
|
Direct and Partnership Annuities |
703 |
842 |
(17%) |
- |
- |
- |
703 |
842 |
(17%) |
70 |
84 |
(17%) |
|
Intermediated Annuities |
497 |
555 |
(10%) |
- |
- |
- |
497 |
555 |
(10%) |
50 |
56 |
(11%) |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Individual Annuities |
2,800 |
2,796 |
0% |
- |
- |
- |
2,800 |
2,796 |
0% |
280 |
280 |
0% |
|
Equity Release |
242 |
156 |
55% |
- |
- |
- |
242 |
156 |
55% |
24 |
16 |
50% |
|
Individual Pensions |
115 |
38 |
203% |
3 |
1 |
200% |
118 |
39 |
203% |
15 |
5 |
200% |
|
Corporate Pensions |
221 |
283 |
(22%) |
88 |
84 |
5% |
309 |
367 |
(16%) |
110 |
112 |
(2%) |
|
Unit Linked Bonds |
109 |
243 |
(55%) |
- |
- |
- |
109 |
243 |
(55%) |
11 |
24 |
(54%) |
|
With-Profit Bonds |
869 |
297 |
193% |
- |
- |
- |
869 |
297 |
193% |
87 |
30 |
190% |
|
Protection |
- |
- |
- |
6 |
5 |
20% |
6 |
5 |
20% |
6 |
5 |
20% |
|
Offshore Products |
551 |
434 |
27% |
4 |
4 |
0% |
555 |
438 |
27% |
59 |
47 |
26% |
|
Pru Health |
(12) |
- |
- |
- |
16 |
13 |
23% |
16 |
13 |
23% |
16 |
13 |
23% |
Income Drawdown |
(13) |
75 |
34 |
121% |
- |
- |
- |
75 |
34 |
121% |
8 |
3 |
167% |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Retail Retirement |
4,982 |
4,281 |
16% |
117 |
107 |
9% |
5,099 |
4,388 |
16% |
615 |
535 |
15% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
Corporate Pensions |
227 |
198 |
15% |
116 |
115 |
1% |
343 |
313 |
10% |
139 |
135 |
3% |
|
Other Products |
132 |
190 |
(31%) |
21 |
25 |
(16%) |
153 |
215 |
(29%) |
34 |
44 |
(23%) |
|
DWP Rebates |
153 |
143 |
7% |
- |
- |
- |
153 |
143 |
7% |
15 |
14 |
7% |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Mature Life and Pensions |
512 |
531 |
(4%) |
137 |
140 |
(2%) |
649 |
671 |
(3%) |
188 |
193 |
(3%) |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Retail |
5,494 |
4,812 |
14% |
254 |
247 |
3% |
5,748 |
5,059 |
14% |
803 |
728 |
10% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
Wholesale Annuities |
1,417 |
1,799 |
(21%) |
- |
- |
- |
1,417 |
1,799 |
(21%) |
142 |
180 |
(21%) |
|
Credit Life |
18 |
21 |
(14%) |
- |
- |
- |
18 |
21 |
(14%) |
2 |
2 |
0% |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total UK Insurance Operations |
6,929 |
6,632 |
4% |
254 |
247 |
3% |
7,183 |
6,879 |
4% |
947 |
910 |
4% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
Channel Summary |
|||||||||||||
Direct and Partnership |
2,352 |
2,385 |
(1%) |
215 |
212 |
1% |
2,567 |
2,597 |
(1%) |
450 |
451 |
(0%) |
|
Intermediated |
2,990 |
2,284 |
31% |
39 |
35 |
11% |
3,029 |
2,319 |
31% |
338 |
263 |
29% |
|
Wholesale |
1,434 |
1,820 |
(21%) |
- |
- |
- |
1,434 |
1,820 |
(21%) |
143 |
182 |
(21%) |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Sub-Total |
6,776 |
6,489 |
4% |
254 |
247 |
3% |
7,030 |
6,736 |
4% |
932 |
896 |
4% |
|
DWP Rebates |
153 |
143 |
7% |
- |
- |
- |
153 |
143 |
7% |
15 |
14 |
7% |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total UK Insurance Operations |
6,929 |
6,632 |
4% |
254 |
247 |
3% |
7,183 |
6,879 |
4% |
947 |
910 |
4% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
US Insurance Operations |
(1b) |
||||||||||||
Fixed Annuities |
1,724 |
573 |
201% |
- |
- |
- |
1,724 |
573 |
201% |
172 |
57 |
202% |
|
Fixed Index Annuities |
501 |
446 |
12% |
- |
- |
- |
501 |
446 |
12% |
50 |
45 |
11% |
|
Variable Annuities |
3,491 |
4,554 |
(23%) |
- |
- |
- |
3,491 |
4,554 |
(23%) |
349 |
455 |
(23%) |
|
Life |
7 |
7 |
0% |
24 |
19 |
26% |
31 |
26 |
19% |
25 |
20 |
25% |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Sub-Total Retail |
5,723 |
5,580 |
3% |
24 |
19 |
26% |
5,747 |
5,599 |
3% |
596 |
577 |
3% |
|
Guaranteed Investment Contracts |
857 |
408 |
110% |
- |
- |
- |
857 |
408 |
110% |
86 |
41 |
110% |
|
GIC - Medium Term Note |
337 |
527 |
(36%) |
- |
- |
- |
337 |
527 |
(36%) |
34 |
53 |
(36%) |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total US Insurance Operations |
6,917 |
6,515 |
6% |
24 |
19 |
26% |
6,941 |
6,534 |
6% |
716 |
671 |
7% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
Asian Insurance Operations |
(1b) |
||||||||||||
China |
(10) |
63 |
45 |
40% |
32 |
24 |
33% |
95 |
69 |
38% |
38 |
29 |
31% |
Hong Kong |
507 |
501 |
1% |
154 |
117 |
32% |
661 |
618 |
7% |
205 |
167 |
23% |
|
India |
(6) |
60 |
26 |
131% |
202 |
177 |
14% |
262 |
203 |
29% |
208 |
180 |
16% |
Indonesia |
94 |
118 |
(20%) |
167 |
109 |
53% |
261 |
227 |
15% |
176 |
121 |
45% |
|
Japan |
115 |
122 |
(6%) |
30 |
22 |
36% |
145 |
144 |
1% |
42 |
34 |
24% |
|
Korea |
78 |
179 |
(56%) |
211 |
241 |
(12%) |
289 |
420 |
(31%) |
219 |
259 |
(15%) |
|
Malaysia |
28 |
41 |
(32%) |
99 |
78 |
27% |
127 |
119 |
7% |
102 |
82 |
24% |
|
Singapore |
341 |
593 |
(42%) |
78 |
67 |
16% |
419 |
660 |
(37%) |
112 |
126 |
(11%) |
|
Taiwan |
153 |
132 |
16% |
189 |
218 |
(13%) |
342 |
350 |
(2%) |
204 |
231 |
(12%) |
|
Other |
(4) |
18 |
36 |
(50%) |
54 |
55 |
(2%) |
72 |
91 |
(21%) |
56 |
59 |
(5%) |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Asian Insurance Operations |
1,457 |
1,793 |
(19%) |
1,216 |
1,108 |
10% |
2,673 |
2,901 |
(8%) |
1,362 |
1,287 |
6% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Group Total |
15,303 |
14,940 |
2% |
1,494 |
1,374 |
9% |
16,797 |
16,314 |
3% |
3,024 |
2,868 |
5% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
Schedule 2A - Constant Exchange Rates
PRUDENTIAL PLC - NEW BUSINESS - FULL YEAR 2008
INVESTMENT OPERATIONS
Opening |
Closing |
Variance |
||||||
Note |
Gross Inflows |
Redemptions |
Net Inflows |
FUM |
FUM |
% |
||
2008 |
£m |
£m |
£m |
£m |
£m |
|||
M&G |
(9) |
|||||||
Retail |
9,040 |
(6,945) |
2,095 |
22,320 |
19,142 |
(14%) |
||
Institutional |
(5) |
7,114 |
(5,802) |
1,312 |
28,901 |
27,855 |
(4%) |
|
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total M&G |
16,154 |
(12,747) |
3,407 |
51,221 |
46,997 |
(8%) |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
Asia |
(9) |
|||||||
India |
968 |
(1,100) |
(132) |
2,493 |
1,567 |
(37%) |
||
Taiwan |
992 |
(947) |
45 |
2,016 |
1,156 |
(43%) |
||
Korea |
1,413 |
(1,317) |
96 |
3,031 |
1,878 |
(38%) |
||
Japan |
1,070 |
(857) |
213 |
7,359 |
3,211 |
(56%) |
||
Other Mutual Fund Operations |
(11) |
1,602 |
(1,145) |
457 |
3,492 |
2,758 |
(21%) |
|
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asian Equity/Bond/Other |
6,045 |
(5,366) |
679 |
18,391 |
10,570 |
(43%) |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
MMF |
||||||||
India |
33,896 |
(34,072) |
(176) |
1,586 |
1,562 |
(2%) |
||
Taiwan |
4,047 |
(3,610) |
437 |
863 |
1,421 |
65% |
||
Korea |
1,933 |
(1,955) |
(22) |
494 |
474 |
(4%) |
||
Other Mutual Fund Operations |
780 |
(727) |
53 |
345 |
416 |
21% |
||
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asian MMF |
40,656 |
(40,364) |
292 |
3,288 |
3,873 |
18% |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asia Retail Mutual Funds |
46,701 |
(45,730) |
971 |
21,679 |
14,443 |
(33%) |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
Third Party Institutional Mandates |
256 |
(372) |
(116) |
1,547 |
789 |
(49%) |
||
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asian Investment Operations |
46,957 |
(46,102) |
855 |
23,226 |
15,232 |
(34%) |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
US |
||||||||
Retail |
36 |
(32) |
4 |
76 |
50 |
(34%) |
||
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total US |
36 |
(32) |
4 |
76 |
50 |
(34%) |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Investment Products |
63,147 |
(58,881) |
4,266 |
74,523 |
62,279 |
(16%) |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
Gross Inflows |
Redemptions |
Net Inflows |
||||||
2007 |
£m |
£m |
£m |
|||||
M&G |
(9) |
|||||||
Retail |
8,690 |
(5,970) |
2,720 |
|||||
Institutional |
(5) |
6,055 |
(3,817) |
2,238 |
||||
______ |
______ |
______ |
||||||
Total M&G |
14,745 |
(9,787) |
4,958 |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||||||
Asia |
(9) |
|||||||
India |
1,196 |
(1,080) |
116 |
|||||
Taiwan |
2,117 |
(1,726) |
391 |
|||||
Korea |
2,115 |
(2,352) |
(237) |
|||||
Japan |
2,913 |
(1,469) |
1,444 |
|||||
Other Mutual Fund Operations |
(11) |
2,283 |
(1,623) |
660 |
||||
______ |
______ |
______ |
||||||
Total Asia Equity/Bond/Other |
10,624 |
(8,250) |
2,374 |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||||||
MMF |
||||||||
India |
24,968 |
(24,172) |
796 |
|||||
Taiwan |
2,563 |
(2,384) |
179 |
|||||
Korea |
2,023 |
(2,137) |
(114) |
|||||
Other Mutual Fund Operations |
482 |
(359) |
123 |
|||||
______ |
______ |
______ |
||||||
Total Asian MMF |
30,036 |
(29,052) |
984 |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||||||
______ |
______ |
______ |
||||||
Total Asia Retail Mutual Funds |
40,660 |
(37,302) |
3,358 |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||||||
Third Party Institutional Mandates |
215 |
(118) |
97 |
|||||
______ |
______ |
______ |
||||||
Total Asian Investment Operations |
40,875 |
(37,420) |
3,455 |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||||||
US |
||||||||
Retail |
65 |
(4) |
61 |
|||||
______ |
______ |
______ |
||||||
Total US |
65 |
(4) |
61 |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||||||
______ |
______ |
______ |
||||||
Total Investment Products |
55,685 |
(47,211) |
8,474 |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||||||
Gross Inflows |
Redemptions |
Net Inflows |
||||||
2008 Movement Relative to 2007 |
% |
% |
% |
|||||
M&G |
(9) |
|||||||
Retail |
4% |
(16%) |
(23%) |
|||||
Institutional |
(5) |
17% |
(52%) |
(41%) |
||||
______ |
______ |
______ |
||||||
Total M&G |
10% |
(30%) |
(31%) |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||||||
Asia |
(9) |
|||||||
India |
(19%) |
(2%) |
(214%) |
|||||
Taiwan |
(53%) |
45% |
(88%) |
|||||
Korea |
(33%) |
44% |
141% |
|||||
Japan |
(63%) |
42% |
(85%) |
|||||
Other Mutual Fund Operations |
(11) |
(30%) |
29% |
(31%) |
||||
______ |
______ |
______ |
||||||
Total Asia Equity/Bond/Other |
(43%) |
35% |
(71%) |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||||||
MMF |
||||||||
India |
36% |
(41%) |
(122%) |
|||||
Taiwan |
58% |
(51%) |
144% |
|||||
Korea |
(4%) |
9% |
81% |
|||||
Other Mutual Fund Operations |
62% |
(103%) |
(57%) |
|||||
______ |
______ |
______ |
||||||
Total Asian MMF |
35% |
(39%) |
(70%) |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||||||
______ |
______ |
______ |
||||||
Total Asia Retail Mutual Funds |
15% |
(23%) |
(71%) |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||||||
Third Party Institutional Mandates |
19% |
(215%) |
(220%) |
|||||
______ |
______ |
______ |
||||||
Total Asian Investment Operations |
15% |
(23%) |
(75%) |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||||||
US |
||||||||
Retail |
(45%) |
(700%) |
(93%) |
|||||
______ |
______ |
______ |
||||||
Total US |
(45%) |
(700%) |
(93%) |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||||||
______ |
______ |
______ |
||||||
Total Investment Products |
13% |
(25%) |
(50%) |
|||||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
2008 Q4 |
2007 Q4 |
|||||||
US |
(7) |
YTD |
YTD |
+/- (%) |
||||
£m |
£m |
|||||||
Curian Capital |
||||||||
External Funds Under Administration |
1,818 |
2,413 |
(25%) |
Schedule 2B - Actual Exchange Rates
PRUDENTIAL PLC - NEW BUSINESS - FULL YEAR 2008
INVESTMENT OPERATIONS
Market & |
Net |
|||||||||
Opening |
Other |
Currency |
Movement |
Closing |
||||||
Note |
FUM |
Gross Inflows |
Redemptions |
Net Inflows |
Movements |
Movements |
In FUM |
FUM |
||
2008 |
£m |
£m |
£m |
£m |
£m |
£m |
£m |
£m |
||
M&G |
(9) |
|||||||||
Retail |
22,320 |
9,040 |
(6,945) |
2,095 |
- |
(5,273) |
(3,178) |
19,142 |
||
Institutional |
(5) |
28,901 |
7,114 |
(5,802) |
1,312 |
91 |
(2,449) |
(1,046) |
27,855 |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total M&G |
51,221 |
16,154 |
(12,747) |
3,407 |
91 |
(7,722) |
(4,224) |
46,997 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
Asia |
(9) |
|||||||||
India |
2,225 |
968 |
(1,100) |
(132) |
(104) |
(422) |
(658) |
1,567 |
||
Taiwan |
1,476 |
992 |
(947) |
45 |
- |
(365) |
(320) |
1,156 |
||
Korea |
2,946 |
1,413 |
(1,317) |
96 |
(177) |
(987) |
(1,068) |
1,878 |
||
Japan |
4,313 |
1,070 |
(857) |
213 |
- |
(1,315) |
(1,102) |
3,211 |
||
Other Mutual Fund Operations |
(11) |
2,537 |
1,602 |
(1,145) |
457 |
(13) |
(223) |
221 |
2,758 |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asian Equity/Bond/Other |
13,497 |
6,045 |
(5,366) |
679 |
(294) |
(3,312) |
(2,927) |
10,570 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
MMF |
||||||||||
India |
1,416 |
33,896 |
(34,072) |
(176) |
16 |
306 |
146 |
1,562 |
||
Taiwan |
632 |
4,047 |
(3,610) |
437 |
- |
352 |
789 |
1,421 |
||
Korea |
480 |
1,933 |
(1,955) |
(22) |
(21) |
37 |
(6) |
474 |
||
Other Mutual Fund Operations |
252 |
780 |
(727) |
53 |
- |
111 |
164 |
416 |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asian MMF |
2,780 |
40,656 |
(40,364) |
292 |
(5) |
806 |
1,093 |
3,873 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asia Retail Mutual Funds |
16,277 |
46,701 |
(45,730) |
971 |
(299) |
(2,506) |
(1,834) |
14,443 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
Third Party Institutional Mandates |
1,116 |
256 |
(372) |
(116) |
- |
(211) |
(327) |
789 |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asian Investment Operations |
17,393 |
46,957 |
(46,102) |
855 |
(299) |
(2,717) |
(2,161) |
15,232 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
US |
||||||||||
Retail |
55 |
36 |
(32) |
4 |
4 |
(13) |
(5) |
50 |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total US |
55 |
36 |
(32) |
4 |
4 |
(13) |
(5) |
50 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Investment Products |
68,669 |
63,147 |
(58,881) |
4,266 |
(204) |
(10,452) |
(6,390) |
62,279 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
Market & |
Net |
|||||||||
Opening |
Other |
Currency |
Movement |
Closing |
||||||
FUM |
Gross Inflows |
Redemptions |
Net Inflows |
Movements |
Movements |
In FUM |
FUM |
|||
2007 |
£m |
£m |
£m |
£m |
£m |
£m |
£m |
£m |
||
M&G |
(9) |
|||||||||
Retail |
19,176 |
8,690 |
(5,970) |
2,720 |
- |
424 |
3,144 |
22,320 |
||
Institutional |
(5) |
25,770 |
6,055 |
(3,817) |
2,238 |
(246) |
1,139 |
3,131 |
28,901 |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total M&G |
44,946 |
14,745 |
(9,787) |
4,958 |
(246) |
1,563 |
6,275 |
51,221 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
Asia |
(9) |
|||||||||
India |
1,290 |
1,158 |
(1,046) |
112 |
192 |
631 |
935 |
2,225 |
||
Taiwan |
969 |
1,876 |
(1,529) |
347 |
- |
160 |
507 |
1,476 |
||
Korea |
2,952 |
2,288 |
(2,544) |
(256) |
(235) |
485 |
(6) |
2,946 |
||
Japan |
2,816 |
2,374 |
(1,198) |
1,176 |
- |
321 |
1,497 |
4,313 |
||
Other Mutual Fund Operations |
(11) |
1,468 |
2,011 |
(1,429) |
582 |
54 |
433 |
1,069 |
2,537 |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asia Equity/Bond/Other |
9,495 |
9,707 |
(7,746) |
1,961 |
11 |
2,030 |
4,002 |
13,497 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
MMF |
||||||||||
India |
709 |
24,175 |
(23,404) |
771 |
(267) |
203 |
707 |
1,416 |
||
Taiwan |
467 |
2,271 |
(2,112) |
159 |
- |
6 |
165 |
632 |
||
Korea |
609 |
2,189 |
(2,312) |
(123) |
(21) |
15 |
(129) |
480 |
||
Other Mutual Fund Operations |
133 |
424 |
(316) |
108 |
- |
11 |
119 |
252 |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asian MMF |
1,918 |
29,059 |
(28,144) |
915 |
(288) |
235 |
862 |
2,780 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asia Retail Mutual Funds |
11,413 |
38,766 |
(35,890) |
2,876 |
(277) |
2,265 |
4,864 |
16,277 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
Third Party Institutional Mandates |
840 |
188 |
(103) |
85 |
- |
191 |
276 |
1,116 |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asian Investment Operations |
12,253 |
38,954 |
(35,993) |
2,961 |
(277) |
2,456 |
5,140 |
17,393 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
US |
||||||||||
Retail |
- |
60 |
(4) |
56 |
- |
(1) |
55 |
55 |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total US |
- |
60 |
(4) |
56 |
- |
(1) |
55 |
55 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Investment Products |
57,199 |
53,759 |
(45,784) |
7,975 |
(523) |
4,018 |
11,470 |
68,669 |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
Market & |
Net |
|||||||||
Opening |
Other |
Currency |
Movement |
Closing |
||||||
FUM |
Gross Inflows |
Redemptions |
Net Inflows |
Movements |
Movements |
In FUM |
FUM |
|||
2008 Movement Relative to 2007 |
% |
% |
% |
% |
% |
% |
% |
% |
||
M&G |
(9) |
|||||||||
Retail |
16% |
4% |
(16%) |
(23%) |
- |
(1,344%) |
(201%) |
(14%) |
||
Institutional |
(5) |
12% |
17% |
(52%) |
(41%) |
137% |
(315%) |
(133%) |
(4%) |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total M&G |
14% |
10% |
(30%) |
(31%) |
137% |
(594%) |
(167%) |
(8%) |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
Asia |
(9) |
|||||||||
India |
72% |
(16%) |
(5%) |
(218%) |
(154%) |
(167%) |
(170%) |
(30%) |
||
Taiwan |
52% |
(47%) |
38% |
(87%) |
- |
(328%) |
(163%) |
(22%) |
||
Korea |
(0%) |
(38%) |
48% |
138% |
25% |
(304%) |
(17,700%) |
(36%) |
||
Japan |
53% |
(55%) |
28% |
(82%) |
- |
(510%) |
(174%) |
(26%) |
||
Other Mutual Fund Operations |
(11) |
73% |
(20%) |
20% |
(21%) |
(124%) |
(152%) |
(79%) |
9% |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asia Equity/Bond/Other |
42% |
(38%) |
31% |
(65%) |
(2,773%) |
(263%) |
(173%) |
(22%) |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
MMF |
||||||||||
India |
100% |
40% |
(46%) |
(123%) |
106% |
51% |
(79%) |
10% |
||
Taiwan |
35% |
78% |
(71%) |
175% |
- |
5,767% |
378% |
125% |
||
Korea |
(21%) |
(12%) |
15% |
82% |
0% |
147% |
95% |
(1%) |
||
Other Mutual Fund Operations |
89% |
84% |
(130%) |
(51%) |
- |
909% |
38% |
65% |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asian MMF |
45% |
40% |
(43%) |
(68%) |
98% |
243% |
27% |
39% |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asia Retail Mutual Funds |
43% |
20% |
(27%) |
(66%) |
(8%) |
(211%) |
(138%) |
(11%) |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
Third Party Institutional Mandates |
33% |
36% |
(261%) |
(236%) |
- |
(210%) |
(218%) |
(29%) |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Asian Investment Operations |
42% |
21% |
(28%) |
(71%) |
(8%) |
(211%) |
(142%) |
(12%) |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
US |
||||||||||
Retail |
- |
(40%) |
(700%) |
(93%) |
- |
(1,200%) |
(109%) |
(9%) |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total US |
- |
(40%) |
(700%) |
(93%) |
- |
(1,200%) |
(109%) |
(9%) |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
|||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
|||
Total Investment Products |
20% |
17% |
(29%) |
(47%) |
61% |
(360%) |
(156%) |
(9%) |
||
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
2008 Q4 |
2007 Q4 |
|||||||||
US |
YTD |
YTD |
+/- (%) |
|||||||
£m |
£m |
|||||||||
Curian Capital |
||||||||||
External Funds Under Administration |
1,818 |
1,743 |
4% |
|||||||
Schedule 3 - Actual Exchange Rates
PRUDENTIAL PLC - NEW BUSINESS - QUARTER 4 2008 VERSUS QUARTER 4 2007
INSURANCE OPERATIONS
Single |
Regular |
Total |
Annual Equivalents |
||||||||||
Note |
Q4 2008 |
Q4 2007 |
+/-(%) |
Q4 2008 |
Q4 2007 |
+/-(%) |
Q4 2008 |
Q4 2007 |
+/-(%) |
Q4 2008 |
Q4 2007 |
+/-(%) |
|
£m |
£m |
£m |
£m |
£m |
£m |
£m |
£m |
||||||
UK Insurance Operations |
|||||||||||||
Product Summary |
|||||||||||||
Internal Vesting annuities |
471 |
369 |
28% |
- |
- |
- |
471 |
369 |
28% |
47 |
37 |
27% |
|
Direct and Partnership Annuities |
153 |
184 |
(17%) |
- |
- |
- |
153 |
184 |
(17%) |
15 |
18 |
(17%) |
|
Intermediated Annuities |
96 |
126 |
(24%) |
- |
- |
- |
96 |
126 |
(24%) |
10 |
13 |
(23%) |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Individual Annuities |
720 |
679 |
6% |
- |
- |
- |
720 |
679 |
6% |
72 |
68 |
6% |
|
Equity Release |
54 |
48 |
13% |
- |
- |
- |
54 |
48 |
13% |
5 |
5 |
0% |
|
Individual Pensions |
63 |
11 |
473% |
1 |
- |
- |
64 |
11 |
482% |
7 |
1 |
600% |
|
Corporate Pensions |
67 |
162 |
(59%) |
24 |
26 |
(8%) |
91 |
188 |
(52%) |
31 |
42 |
(26%) |
|
Unit Linked Bonds |
21 |
43 |
(51%) |
- |
- |
- |
21 |
43 |
(51%) |
2 |
4 |
(50%) |
|
With-Profit Bonds |
218 |
114 |
91% |
- |
- |
- |
218 |
114 |
91% |
22 |
11 |
100% |
|
Protection |
- |
- |
- |
2 |
2 |
0% |
2 |
2 |
0% |
2 |
2 |
0% |
|
Offshore Products |
104 |
129 |
(19%) |
1 |
1 |
0% |
105 |
130 |
(19%) |
11 |
14 |
(21%) |
|
Pru Health |
(12) |
- |
- |
- |
2 |
3 |
(33%) |
2 |
3 |
(33%) |
2 |
3 |
(33%) |
Income Drawdown |
(13) |
21 |
14 |
50% |
- |
- |
- |
21 |
14 |
50% |
2 |
1 |
100% |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Retail Retirement |
1,268 |
1,200 |
6% |
30 |
32 |
(6%) |
1,298 |
1,232 |
5% |
157 |
152 |
3% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
Corporate Pensions |
(14) |
- |
30 |
- |
28 |
29 |
(3%) |
28 |
59 |
(53%) |
28 |
32 |
(13%) |
Other Products |
19 |
47 |
(60%) |
4 |
5 |
(20%) |
23 |
52 |
(56%) |
6 |
10 |
(40%) |
|
DWP Rebates |
50 |
14 |
257% |
- |
- |
- |
50 |
14 |
257% |
5 |
1 |
400% |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Mature Life and Pensions |
69 |
91 |
(24%) |
32 |
34 |
(6%) |
101 |
125 |
(19%) |
39 |
43 |
(9%) |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Retail |
1,337 |
1,291 |
4% |
62 |
66 |
(6%) |
1,399 |
1,357 |
3% |
196 |
195 |
1% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
Wholesale Annuities |
47 |
1,754 |
(97%) |
- |
- |
- |
47 |
1,754 |
(97%) |
5 |
175 |
(97%) |
|
Credit Life |
7 |
4 |
75% |
- |
- |
- |
7 |
4 |
75% |
1 |
- |
- |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total UK Insurance Operations |
1,391 |
3,049 |
(54%) |
62 |
66 |
(6%) |
1,453 |
3,115 |
(53%) |
201 |
371 |
(46%) |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
Channel Summary |
|||||||||||||
Direct and Partnership |
623 |
648 |
(4%) |
54 |
59 |
(8%) |
677 |
707 |
(4%) |
116 |
124 |
(6%) |
|
Intermediated |
664 |
627 |
6% |
8 |
7 |
14% |
672 |
634 |
6% |
74 |
70 |
6% |
|
Wholesale |
54 |
1,760 |
(97%) |
- |
- |
- |
54 |
1,760 |
(97%) |
5 |
176 |
(97%) |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Sub-Total |
1,341 |
3,035 |
(56%) |
62 |
66 |
(6%) |
1,403 |
3,101 |
(55%) |
196 |
370 |
(47%) |
|
DWP Rebates |
50 |
14 |
257% |
- |
- |
- |
50 |
14 |
257% |
5 |
1 |
400% |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total UK Insurance Operations |
1,391 |
3,049 |
(54%) |
62 |
66 |
(6%) |
1,453 |
3,115 |
(53%) |
201 |
371 |
(46%) |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
US Insurance Operations |
(1b) (8) |
||||||||||||
Fixed Annuities |
583 |
152 |
284% |
- |
- |
- |
583 |
152 |
284% |
58 |
15 |
287% |
|
Fixed Index Annuities |
184 |
104 |
77% |
- |
- |
- |
184 |
104 |
77% |
18 |
10 |
80% |
|
Variable Annuities |
895 |
1,137 |
(21%) |
- |
- |
- |
895 |
1,137 |
(21%) |
90 |
114 |
(21%) |
|
Life |
1 |
2 |
(50%) |
6 |
6 |
0% |
7 |
8 |
(13%) |
6 |
6 |
0% |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Sub-Total Retail |
1,663 |
1,395 |
19% |
6 |
6 |
0% |
1,669 |
1,401 |
19% |
172 |
146 |
18% |
|
Guaranteed Investment Contracts |
42 |
148 |
(72%) |
- |
- |
- |
42 |
148 |
(72%) |
4 |
15 |
(73%) |
|
GIC - Medium Term Note |
16 |
(4) |
500% |
- |
- |
- |
16 |
(4) |
500% |
2 |
- |
- |
|
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total US Insurance Operations |
1,721 |
1,539 |
12% |
6 |
6 |
0% |
1,727 |
1,545 |
12% |
178 |
160 |
11% |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
Asian Insurance Operations |
(1b) (8) |
||||||||||||
China |
(10) |
16 |
18 |
(11%) |
9 |
8 |
13% |
25 |
26 |
(4%) |
11 |
10 |
10% |
Hong Kong |
47 |
178 |
(74%) |
41 |
35 |
17% |
88 |
213 |
(59%) |
46 |
53 |
(13%) |
|
India |
(6) |
7 |
6 |
17% |
34 |
53 |
(36%) |
41 |
59 |
(31%) |
35 |
54 |
(35%) |
Indonesia |
9 |
53 |
(83%) |
46 |
38 |
21% |
55 |
91 |
(40%) |
47 |
43 |
9% |
|
Japan |
21 |
40 |
(48%) |
6 |
6 |
0% |
27 |
46 |
(41%) |
8 |
10 |
(20%) |
|
Korea |
15 |
60 |
(75%) |
35 |
61 |
(43%) |
50 |
121 |
(59%) |
37 |
67 |
(45%) |
|
Malaysia |
6 |
21 |
(71%) |
35 |
29 |
21% |
41 |
50 |
(18%) |
36 |
31 |
16% |
|
Singapore |
35 |
168 |
(79%) |
22 |
21 |
5% |
57 |
189 |
(70%) |
26 |
38 |
(32%) |
|
Taiwan |
10 |
33 |
(70%) |
70 |
36 |
94% |
80 |
69 |
16% |
71 |
39 |
82% |
|
Other |
(4) |
4 |
15 |
(73%) |
14 |
22 |
(36%) |
18 |
37 |
(51%) |
14 |
24 |
(42%) |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Total Asian Insurance Operations |
170 |
592 |
(71%) |
312 |
309 |
1% |
482 |
901 |
(47%) |
329 |
368 |
(11%) |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
______ |
||
Group Total |
3,282 |
5,180 |
(37%) |
380 |
381 |
(0%) |
3,662 |
5,561 |
(34%) |
708 |
899 |
(21%) |
|
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
¯¯¯¯¯¯ |
||
INVESTMENT OPERATIONS
Market & |
Net |
|||||||||
Opening |
Other |
Currency |
Movement |
Closing |
||||||
FUM |
Gross Inflows |
Redemptions |
Net Inflows |
Movements |
Movements |
In FUM |
FUM |
|||
£m |
£m |
£m |
£m |
£m |
£m |
£m |
£m |
|||
M&G |
(5) |
Q4 2008 |
49,994 |
4,040 |
(4,775) |
(735) |
110 |
(2,372) |
(2,997) |
46,997 |
Q4 2007 |
49,907 |
3,933 |
(2,568) |
1,365 |
(123) |
72 |
1,314 |
51,221 |
||
+/-(%) |
0% |
3% |
(86%) |
(154%) |
189% |
(3,394%) |
(328%) |
(8%) |
||
Asia Retail Mutual Funds |
(15) |
Q4 2008 |
13,594 |
12,529 |
(12,618) |
(89) |
(6) |
944 |
849 |
14,443 |
Q4 2007 |
15,120 |
10,842 |
(10,346) |
496 |
(125) |
786 |
1,157 |
16,277 |
||
+/-(%) |
(10%) |
16% |
(22%) |
(118%) |
95% |
20% |
(27%) |
(11%) |
||
Asia Third Party |
Q4 2008 |
755 |
16 |
(24) |
(8) |
- |
42 |
34 |
789 |
|
Q4 2007 |
980 |
167 |
(76) |
91 |
- |
45 |
136 |
1,116 |
||
+/-(%) |
(23%) |
(90%) |
68% |
(109%) |
- |
(7%) |
(75%) |
(29%) |
||
US Retail Mutual Funds |
Q4 2008 |
58 |
4 |
(8) |
(4) |
2 |
(6) |
(8) |
50 |
|
Q4 2007 |
32 |
27 |
(2) |
25 |
- |
(2) |
23 |
55 |
||
+/-(%) |
81% |
(85%) |
(300%) |
(116%) |
- |
(200%) |
(135%) |
(9%) |
||
Total Investment Products |
Q4 2008 |
64,401 |
16,589 |
(17,425) |
(836) |
106 |
(1,392) |
(2,122) |
62,279 |
|
Q4 2007 |
66,039 |
14,969 |
(12,992) |
1,977 |
(248) |
901 |
2,630 |
68,669 |
||
+/-(%) |
(2%) |
11% |
(34%) |
(142%) |
143% |
(254%) |
(181%) |
(9%) |
||
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
Date 20 February, 2009
PRUDENTIAL PUBLIC LIMITED COMPANY |
|
By: /s/ Jon Bunn |
|
Jon Bunn |
|
Director of Public Relations |