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Prudential Financial quarterly profit rises on underwriting business strength
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Prudential Financial quarterly profit rises on underwriting business strength
Oct 29, 2025 4:06 PM

Oct 29 (Reuters) - Prudential Financial ( PRU ) reported

a rise in third-quarter profit on Wednesday as it was helped by

strong underwriting in its international business and investment

gains.

Shares of the company, which have lost about 15% in 2025,

were up 2.8% trading after the bell.

Its international businesses posted an adjusted operating

income of $881 million, compared with $766 million a year

earlier.

Prudential has a diversified business model that also

includes an investment management business, where assets under

management came in at $1.61 trillion in the third quarter,

compared with $1.56 trillion a year ago.

PGIM, Prudential's global investment management business,

reported an adjusted operating income of $244 million, compared

with $241 million a year earlier.

Prudential's adjusted operating income, after-tax, came in

at $1.52 billion, or $4.26 per share, compared with $1.21

billion, or $3.33 per share in the year ago period.

(Reporting by Pritam Biswas and Anuj T in Bengaluru; Editing by

Anil D'Silva)

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