Investor Presentaiton
6
Growth underpinned by
structural demand drivers
~$900bn of additional industry life
GWP6 by 2032 in our Asian markets
2.8%
Low
penetration1
1.8tn
Health
protection gap²
Increase from
growth in size
of life GWP6 pool
40%
Asia contribution
to global GDP
growth³
+1.5bn
Growing middle
class4
29
2021
x2
>60
5
2032E
Potential increase in Prudential's life GWP6 in Asia ($bn)
1. Source: Swiss Re. Penetration defined as life insurance premiums as a percentage of GDP.
2. Source: Swiss Re - The health protection gap in Asia: A modelled exposure of USD 1.8 trillion. October 2018. Health protection gap defined
as the shortfall to adequately finance current and expected health expenditures.
3. Source: IMF. Between 2022 and 2027. Prudential's Asia footprint.
4. Increase in the middle-class population in Asia Pacific between 2020 and 2030.
5. Source: Allianz Global Insurance Report 2022. Estimated by applying Prudential's market share at 31 December 2021 to Allianz's forecast of gross written premiums.
6. GWP Gross written premiums.View entire presentation