Prudential Plc · LSE:PRU
Prudential — Investor Day (November 2017)
10 slides from Prudential's investor day presentation, Nov 16, 2017
Slide 1: Prudential Conference 2017 - Mike Wells
PRUDENTIAL CONFERENCE 2017 Mike Wells Group
Slide 2: Forward-looking statements
This document may contain ‘forward-looking statements’ with respect to certain of Prudential's plans and its goals and expectations relating to its future financial condition, performance, results, strategy and objectives. Statements that are not historical facts, including statements about Prudenti
Slide 3: CEO perspective
Group CEO perspective P Significant opportunity underpinned by long term structural drivers P Proven ability to allocate capital P Adept at navigating the changing landscape P Market leading capabilities, resilient operating model, disciplined execution P Clear strategic priorities P Well positioned
Slide 4: Custodians of capital, active portfolio managers
Group Custodians of capital, active portfolio managers Active portfolio management Group earnings mix Asia earnings mix Eastspring IFRS operating IFRS operating profit, £m profit, £m 19% Singapore UOB 31% US Realic 20163 4,256 26% 33% 1,644 21% Indonesia US Elite Access 20087 Thanachart 41% Asia 17%
Slide 5: Clear strategy aligned to significant demand
Group Clear strategy aligned to significant demand Insurance penetration1 Mutual fund penetration2 Significant ASIA Penetration Penetration protection gap and investment needs of the middle class UK 7.5 % Europe 75 % 2.4 % 12 % US retirement advisor assets3 Transition of VA US Other National & RIA ‘
Slide 6: Disciplined execution, growing value
Group Disciplined execution, growing value Shareholders equity (EEV), £bn 40.5 39.0 32.4 29.2 24.9 22.4 19.6 18.2 14.6 15.0 15.3 11.9 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 HY17 Return on Embedded 15% 15% 14% 15% 18% 16% 16% 19% 16% 17% 17% 15% Value, %2 Dividend, pence per share £ 7
Slide 7: Strategic priorities
Group Strategic priorities Leverage scale Accelerate Expand health & protection Asia Penetrate wealth Capture fee based opportunity Develop Deliver customer value proposition US Proactive risk management Customer led Enhance UK Enhance Solutions focused UK Capital light 2017 INVESTOR CONFERENCE 7
Slide 8: Long-term track record
Group Long-term track record IFRS operating profit1,2,5, £m New business profit1,2,3,4, £m Free surplus generation1,2,3,4, £m 3.9x 4.3x 5.4x 2,358 1,845 1,689 CAGR CAGR CAGR 1,615 2,044 +15% +16% +18% 1,862 1,406 1,257 1,186 1,220 1,504 1,150 1,407 1,001 1,101 1,024 899 1,149 917 806 1,013 740 616 8
Slide 9: Operational update
Group Operational update 2017 Investor Conference Accelerate Asia Develop US Enhance UK • CEO ‘first look’ • Address need for retirement income • Enhancing value • Strategic priorities in motion • Capture fee based opportunity • Creating customer led solutions • Delivering at scale • The Jackson dif
Slide 10: Conference agenda
Group Conference agenda 08.00 – 08.20 Group Introduction Mike Wells 08.20 – 08.40 Group Financial overview Mark FitzPatrick Nic Nicandrou, Lilian Ng & 08.40 – 10.00 Asia Strategic & operational update + Q&A Guy Strapp Break John Foley, Clare Bousfield, Anne 10.15 – 11.30 UK Merger & Transformation u