Core Viewpoint - Prudential (02378.HK) reported a strong performance in Q3, with new business profit reaching $705 million, a 13% increase year-over-year, indicating robust growth momentum and improved execution capabilities [1] Financial Performance - New business profit for Q3 was $705 million, up 13% from the same period last year [1] - Annualized premium equivalent (APE) sales for Q3 grew by 10% to $1.716 billion [1] - New business profit margin increased by 1 percentage point [1] Strategic Initiatives - The company is focusing on enhancing its agency team, particularly in the ASEAN market, to drive further growth [1] - In the Greater China market, new business profit from agency channels has also seen growth [1] - Key initiatives include improving agent quality, activity, and productivity, along with the PruVenture program aimed at recruiting high-quality agents [1] Distribution Channels - Strong quarterly growth was achieved through the bancassurance channel, supported by active collaboration with partners [1] - The company continues to enhance the quality of new business through this channel, resulting in profit margins exceeding last year's levels [1] Future Outlook - The company expresses satisfaction with its overall performance this year, positioning itself to meet its 2025 guidance and 2027 financial targets steadily [1]
保诚(02378.HK)：新业务利润保持双位数增长，第三季度增幅13%