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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 October, 2002

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 ý        Form 40-F o

        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 o        No ý

        If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-            

Enclosures:

Prudential plc Third Quarter 2002 New Business Results

LOGO

        Embargo: 07.00 hrs Thursday 17 October 2002


PRUDENTIAL PLC THIRD QUARTER 2002 NEW BUSINESS RESULTS

        Highlights (all figures are nine-month comparisons unless otherwise specified):


        Prudential's Group Chief Executive, Jonathan Bloomer, commented:

        "Good contributions from across the Group, which were achieved in difficult market conditions, have resulted in these strong sales figures and our strategy of growing internationally, broadening our distribution reach and diversifying our product range has once again been fully endorsed.

        This strategy, combined with our financial strength and active management of capital, has positioned us strongly to continue delivering profitable growth in new business."

Prudential UK

        Prudential UK reported total sales of £4.4 billion in the first nine months of 2002, 12 per cent up on the same period last year (excluding sales made through the direct sales force which closed in 2001). On an APE basis, sales of £565 million were down three per cent, reflecting an increasing emphasis on the more profitable single premium products which are recorded at one-tenth of total premium sales. These strong results endorse Prudential UK's strategy of focusing on products where it has a market-leading position and strong multi-channel distribution.

        Total insurance sales via intermediary channels were up eight per cent to £2.9 billion with strong sales reported in life products and individual annuities. Total sales through direct channels, where Prudential UK has developed a strong business-to-business proposition, showed an increase of 21 per cent to £1.5 billion against the same nine-month period last year.

        Sales of individual annuities at around £1.2 billion showed a marked improvement over the same period last year (£0.9 billion), representing an increase of 37 per cent. Total sales for the third quarter alone were 63 per cent up on 2001. In September, the innovative Flexible Income Drawdown Plan was launched to work alongside the Flexible Lifetime Annuity, further strengthening Prudential's market-leading position in this field.

        Bulk annuity sales were 40 per cent down on the same nine-month period last year to £286 million. However, third quarter sales were up 17 per cent on the second quarter, and Prudential UK remains positive about the potential for future sales and continues to see high levels of interest in this product area.

        Life product sales increased by 22 per cent to £1.86 billion. Prudence Bond, the market-leading with-profit bond which is sold via the intermediary channel, continued its strong sales record with APE sales up 24 per cent to £151 million. However, as expected, sales in the third quarter are lower than those experienced at the start of the year due to the current economic climate.

        Within the pensions market Prudential UK continues to focus on the larger corporate schemes: it provides schemes to 20 per cent of FTSE 350 companies and holds a market-leading position within the public sector market place. Total sales of corporate pensions improved by 18 per cent on the prior year (single premium sales increased by 30 per cent).

        Against the backdrop of uncertain equity markets and an increasingly competitive operating environment, Prudential UK continues to attract new business with its strong brand, financial strength, and focused product range. Its recently-signed agreement to distribute Prudence Bond via Abbey National's 756 branches gives it access to their 15 million customers. This additional distribution channel is expected to come into effect at the start of 2003 and reflects Prudential UK's strategy of building multi-channel distribution and focusing capital on areas of the business that give it competitive advantage.

M&G

        M&G's gross retail fund inflows for the first nine months of 2002 were £773 million, up eight per cent on 2001, despite uncertain equity markets. These figures exclude the successful rollover of the M&G Recovery Investment Trust into a new investment vehicle which contributed a further £171 million.

        Net fund inflows of £272 million were more than double the comparable period in 2001. According to figures published by the Investment Management Association (IMA) to the end of August 2002, redemptions across the industry remained static. However, M&G continued to counter this trend with a fall of 18 per cent in the value of redemptions over the same time period.

        M&G continued to increase its share in both the total retail market and PEP/ISA market, with market share growing by 18 per cent and 28 per cent respectively, according to figures published to August by the IMA.

        Current equity market conditions have led to a flight towards fixed interest products, in particular investment grade corporate bond funds, where M&G is positioned as a market leader. This is evident from net sales of the M&G Corporate Bond Fund, which more than trebled over the first nine months of 2002, compared to the same period last year.

Egg

        Egg will be announcing its third quarter Results on Wednesday 23 October 2002.

Prudential Europe

        Sales on an APE basis increased by six per cent to £19 million. Total sales of £50 million were down from £54 million in the first nine months of 2001.


Jackson National Life

        Jackson National Life (JNL) recorded an 18 per cent increase in total sales to £4.5 billion in the first nine months of the year compared to the corresponding period in 2001, reflecting strong sales of variable and fixed annuities (total sales in the third quarter of 2002 were up 35 per cent on the third quarter of 2001). APE sales during the period increased by 17 per cent to £464 million.

        These strong results once again demonstrated JNL's ability to deliver strong performance in difficult market conditions and were testament to its excellent track record of product innovation and ability to broaden distribution channels.

        Total single premium sales during the period increased by 18 per cent. Total sales of annuity products to retail customers of £3 billion were 39 per cent up on the first nine months of 2001 (third quarter annuity sales increased by 37 per cent on the second quarter of 2002 and 74 per cent on the third quarter of 2001), driven principally by strong variable and fixed annuity sales.

        Variable annuity sales of £852 million were 39 per cent up on the first nine months of 2001. Sales in the third quarter of 2002 were 22 per cent up on the second quarter, reflecting the successful launch of Perspective II, a new variable annuity product, in January of this year. Sales of fixed annuities of £2 billion were 44 per cent up on the first nine months of 2001 (sales in the third quarter were up 48 per cent on the second quarter of 2002 and up 65 per cent on the third quarter of 2001).

        During 2002, JNL has made a number of revisions to its product lines which have had a positive impact on sales; in September 2002, 65 per cent of new annuities business was from products launched this year.

        Sales of equity linked indexed (ELI) annuities in the first nine months of 2002 of £204 million were four per cent ahead of the corresponding period last year and sales have increased quarter-on-quarter in 2002.

        Regular premium life sales of £18 million were 13 per cent up on the first nine months of 2001.

        Sales of stable value products of £1.4 billion were 11 per cent down, reflecting JNL's primary focus on retail sales which we expect to continue for the remainder of this year.

        Looking ahead, we believe that there are significant growth prospects in the United States, bringing with them outstanding opportunities for high quality, efficient businesses like JNL which has a cost base well below the industry average, modern IT systems and diversified products and distribution.

Prudential Corporation Asia

        Prudential Corporation Asia (PCA) has delivered another strong performance with total insurance sales on an APE basis increasing by eight per cent on the same period last year to £358 million. Excluding last year's Central Provident Fund (CPF) single premium sales in Singapore which were at exceptional levels due to further government liberalisation of CPF funds, this increase was 22 per cent. APE insurance sales in the third quarter of 2002 were up 17 per cent on the second quarter of the year and 16 per cent up on the third quarter of 2001.

        APE insurance sales (excluding CPF sales) in the more established markets of Singapore, Hong Kong and Malaysia increased by an average 37 per cent on the first nine months of 2001. However, the economic environment in these markets has been challenging, particularly for unit-linked products, and growth rates have been slowing.

        In Taiwan, APE insurance sales were particularly strong in the third quarter, up 85 per cent compared to the second quarter of the year. Following the successful launch of regular premium unit-linked products earlier this year, PCA has introduced a new range of complementary non-unit-linked products which have proved popular in the current economic environment.

        In Japan, PCA continued to make solid progress with APE insurance sales up 36 per cent in the first nine months of 2002 compared to the corresponding period last year (APE insurance sales in the third quarter of 2002 were up 22 per cent on the second quarter). In PCA's other life markets (including China, Vietnam, India and Korea), APE insurance sales increased by 74 per cent compared to the first nine months of last year as these operations continued to build scale.

        PCA's regional mutual funds assets under management of £3.7billion have remained broadly level since 30 June 2002 despite the challenging market conditions (up 48 per cent on the third quarter of 2001), with net inflows in 2002 remaining positive at £0.7 billion.

        PCA has a proven track record of delivering strong, profitable growth and despite the slowdown in some Asian economies, the long-term outlook remains very positive. With its significant portfolio of businesses across the region, multi-channel distribution capabilities, excellent strategic partners, and customer-focused product expertise, PCA is very well placed to continue delivering profitable growth in new business.

—ENDS-

Enquiries to:

Media
    
   Investors/Analysts
    
Geraldine Davies   020 7548 3911   Rebecca Burrows   020 7548 3537
Steve Colton   020 7548 3721   Laura Presland   020 7548 3511
Clare Staley   020 7548 3719        

Notes to Editors:

1.
There will be a conference call today for wire services at 7.30am on Tel: 020 8288 4700 hosted by Jonathan Bloomer, Group Chief Executive, and Philip Broadley, Group Finance Director.

2.
There will be a conference call for international investors at 2:30pm (dial in telephone number: +44 (0) 20 8240 8245, US callers 1 703 925 2406). Callers to quote "Prudential New Business" for access to the call.

        A recording of this call will be available for replay for five working days by dialling:

        UK: 020 8288 4459, US: 1 703 736 7336, access code 614562.

3.
Photographs are available at www.newscast.co.uk.

4.
Annual premium equivalent (APE) sales comprise regular premium sales plus one-tenth of single premium insurance sales.

5.
Financial Calendar:
        Payment of 2002 Interim Dividend   Thursday 28 November 2002
        2002 Full-Year New Business Figures   Thursday 23 January 2003
        2002 Full-Year Results   Tuesday 25 February 2003
        Ex-dividend date for 2002 final dividend   Wednesday 19 March 2003
        First-quarter 2003 New Business Figures   Thursday 17 April 2003
        2003 Annual General Meeting   Thursday 8 May 2003
        Payment of 2002 final dividend   Wednesday 28 May 2003

        This statement may contain certain "forward-looking statements" with respect to certain of Prudential's plans and its current goals and expectations relating to its future financial condition, performance and results. By their nature, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances which are beyond Prudential's control including among other things, UK domestic and global economic and business conditions, market related risks such as fluctuations in interest rates and exchange rates, the policies and actions of regulatory authorities, the impact of competition, inflation, deflation, the timing, impact and other uncertainties of future acquisitions or combinations within relevant industries, as well as the impact of tax and other legislation and other regulations in the jurisdictions in which Prudential and its affiliates operate. As a result, Prudential's actual future financial condition, performance and results may differ materially from the plans, goals, and expectations set forth in Prudential's forward-looking statements.


News release

Corporate Relations
Prudential plc
Laurence Pountney Hill London EC4R 0HH Tel 020 7220 7588 Fax 020 7548 3725
 Incorporated and registered in England and Wales. Registered office as above. Registered number 1397169.
Prudential plc is a holding company, subsidiaries of which are regulated by the FSA


Schedule 1


PRUDENTIAL PLC — NEW BUSINESS — QUARTER 3 2002

TOTAL INSURANCE AND INVESTMENT NEW BUSINESS

 
   UK & Europe
   US
   Asia
   Total
  
 
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
  
 
   £m

   £m

    
   £m

   £m

    
   £m

   £m

    
   £m

   £m

    
  
Total Insurance Products   4,423   4,156   6 % 4,483   3,811   18 % 654   833   (21 %) 9,560   8,800   9 %
Total Investment Products — Gross Inflows(1)   891   806   11 % —   —   —   9,832   5,545   77 % 10,723   6,351   69 %
   
 
 
 
 
 
 
 
 
 
 
 
 
Group Total   5,314   4,962   7 % 4,483   3,811   18 % 10,486   6,378   64 % 20,283   15,151   34 %
   
 
 
 
 
 
 
 
 
 
 
 
 


INSURANCE OPERATIONS

 
   Single
   Regular
   Total
   Annual Equivalents(4)
  
 
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
  
 
   £m

   £m

    
   £m

   £m

    
   £m

   £m

    
   £m

   £m

    
  
UK Insurance Operations:                                                  
Direct Distribution(2):                                                  
Individual Pensions   13   11   18 % 9   13   (31 %) 22   24   (8 %) 10   14   (29 %)
Corporate Pensions   486   377   29 % 79   105   (25 %) 565   482   17 % 128   143   (10 %)
Life   51   40   28 % 3   3   0 % 54   43   26 % 8   7   14 %
Individual Annuities   621   483   29 % —   —   —   621   483   29 % 62   48   29 %
   
 
 
 
 
 
 
 
 
 
 
 
 
Sub-Total   1,171   911   29 % 91   121   (25 %) 1,262   1,032   22 % 208   212   (2 %)
DSS Rebates   195   175   11 % —   —   —   195   175   11 % 20   18   11 %
   
 
 
 
 
 
 
 
 
 
 
 
 
Total   1,366   1,086   26 % 91   121   (25 %) 1,457   1,207   21 % 228   230   (1 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
Intermediated Distribution(2):                                                  
Individual Pensions   74   169   (56 %) 27   52   (48 %) 101   221   (54 %) 34   69   (51 %)
Corporate Pensions   70   50   40 % 12   16   (25 %) 82   66   24 % 19   21   (10 %)
Life   1,793   1,464   22 % 12   22   (45 %) 1,805   1,486   21 % 191   168   14 %
Individual Annuities   597   409   46 % —   —   —   597   409   46 % 60   41   46 %
Bulk Annuities   286   475   (40 %) —   —   —   286   475   (40 %) 29   48   (40 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
Sub-Total   2,820   2,567   10 % 51   90   (43 %) 2,871   2,657   8 % 333   347   (4 %)
DSS Rebates   45   55   (18 %) —   —   —   45   55   (18 %) 5   6   (17 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
Total   2,865   2,622   9 % 51   90   (43 %) 2,916   2,712   8 % 338   352   (4 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
Total(2):                                                  
Individual Pensions   87   180   (52 %) 36   65   (45 %) 123   245   (50 %) 45   83   (46 %)
Corporate Pensions   556   427   30 % 91   121   (25 %) 647   548   18 % 147   164   (10 %)
Life   1,844   1,504   23 % 15   25   (40 %) 1,859   1,529   22 % 199   175   14 %
Individual Annuities   1,218   892   37 % —   —   —   1,218   892   37 % 122   89   37 %
Bulk Annuities   286   475   (40 %) —   —   —   286   475   (40 %) 29   48   (40 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
Sub-Total   3,991   3,478   15 % 142   211   (33 %) 4,133   3,689   12 % 541   559   (3 %)
DSS Rebates   240   230   4 % —   —   —   240   230   4 % 24   23   4 %
   
 
 
 
 
 
 
 
 
 
 
 
 
Total   4,231   3,708   14 % 142   211   (33 %) 4,373   3,919   12 % 565   582   (3 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
Closed distribution channel(3)   —   166   —   —   17   —   —   183   —   —   34   —  
   
 
 
 
 
 
 
 
 
 
 
 
 
Total UK Insurance Operations   4,231   3,874   9 % 142   228   (38 %) 4,373   4,102   7 % 565   615   (8 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
European Insurance Operations:                                                  
Insurance Products   34   40   (15 %) 16   14   14 % 50   54   (7 %) 19   18   6 %
   
 
 
 
 
 
 
 
 
 
 
 
 
Total European Insurance Operations   34   40   (15 %) 16   14   14 % 50   54   (7 %) 19   18   6 %
   
 
 
 
 
 
 
 
 
 
 
 
 
Total UK & European Insurance Operations   4,265   3,914   9 % 158   242   (35 %) 4,423   4,156   6 % 585   633   (8 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
US Insurance Operations:                                                  
Fixed Annuities   1,978   1,375   44 % —   —   —   1,978   1,375   44 % 198   138   43 %
Equity Linked Indexed Annuities   204   197   4 % —   —   —   204   197   4 % 20   20   0 %
Variable Annuities   852   613   39 % —   —   —   852   613   39 % 85   61   39 %
   
 
 
 
 
 
 
 
 
 
 
 
 
Sub-total Annuities   3,034   2,185   39 % —   —   —   3,034   2,185   39 % 303   219   38 %
Guaranteed Investment Contracts   297   170   75 % —   —   —   297   170   75 % 30   17   76 %
GIC — Medium Term Note   1,134   1,440   (21 %) —   —   —   1,134   1,440   (21 %) 113   144   (22 %)
Life   —   —   —   18   16   13 % 18   16   13 % 18   16   13 %
   
 
 
 
 
 
 
 
 
 
 
 
 
Total US Insurance Operations   4,465   3,795   18 % 18   16   13 % 4,483   3,811   18 % 464   396   17 %
   
 
 
 
 
 
 
 
 
 
 
 
 
Asian Insurance Operations:                                                  
Insurance Products(5)   329   556   (41 %) 325   277   17 % 654   833   (21 %) 358   333   8 %
   
 
 
 
 
 
 
 
 
 
 
 
 
Total Asian Insurance Operations   329   556   (41 %) 325   277   17 % 654   833   (21 %) 358   333   8 %
   
 
 
 
 
 
 
 
 
 
 
 
 
Group Total   9,059   8,265   10 % 501   535   (6 %) 9,560   8,800   9 % 1,407   1,362   3 %
   
 
 
 
 
 
 
 
 
 
 
 
 

Notes to Schedules:

(1)Represents cash received from sale of investment products.

(2)Excluding sales through closed distribution channel.

(3)Closed distribution channel relates to the Direct Sales Force.

(4)Annual Equivalents (AE), calculated as regular new business contributions + 10% single new business contributions, are subject to roundings.

(5)The Central Provident Fund in Singapore was further liberalised in 2001 resulting in exceptional sales volume in the first half of 2001.

(6)Sales for overseas operations have been calculated using average exchange rates. The applicable rate for Jackson National Life is 1.48 (2001—1.44).



Schedule 2


PRUDENTIAL PLC — NEW BUSINESS — QUARTER 3 2002

INVESTMENT OPERATIONS

 
   M&G & UK Operations
   Asia Mutual Funds
   Hong Kong MPF Products(7)
   Total Investment Products
  
 
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
  
 
   £m

   £m

    
   £m

   £m

    
   £m

   £m

    
   £m

   £m

    
  
Opening FUM (as at 31/12/01)   10,328   11,652   (11 %) 3,206   1,649   94 % 90   —   —   13,624   13,301   2 %
Gross inflows   891   806   11 % 9,774   5,474   79 % 58   71   (18 %) 10,723   6,351   69 %
Less redemptions   (651 ) (791 ) 18 % (9,060 ) (4,578 ) (98 %) (9 ) (3 ) (200 %) (9,720 ) (5,372 ) (81 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
Net flows   240   15   1500 % 714   896   (20 %) 49   68   (28 %) 1,003   979   2 %
Other movements   (108 ) —   —   (20 ) (23 ) 13 % —   —   —   (128 ) (23 ) (457 %)
Market and currency movements   (2,091 ) (1,969 ) (6 %) (247 ) (56 ) (341 %) (18 ) (1 ) (1700 %) (2,356 ) (2,026 ) (16 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
Net movement in FUM   (1,959 ) (1,954 ) (0 %) 447   817   (45 %) 31   67   (54 %) (1,481 ) (1,070 ) (38 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
Closing FUM   8,369   9,698   (14 %) 3,652   2,466   48 % 121   67   81 % 12,142   12,231   (1 %)
   
 
 
 
 
 
 
 
 
 
 
 
 


INVESTMENT OPERATIONS — ANALYSIS

M&G Retail & UK Operations Investment Products

 
   UK Operations(8)
   M&G
   M&G & UK Operations
  
 
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
  
 
   £m

   £m

    
   £m

   £m

    
   £m

   £m

    
  
Opening FUM (as at 31/12/01)   1,546   1,775   (13 %) 8,782   9,877   (11 %) 10,328   11,652   (11 %)
Gross inflows   118   87   36 % 773   719   8 % 891   806   11 %
Less redemptions   (150 ) (196 ) 23 % (501 ) (595 ) 16 % (651 ) (791 ) 18 %
   
 
 
 
 
 
 
 
 
 
Net flows   (32 ) (109 ) 71 % 272   124   119 % 240   15   1500 %
Other movements   —   —   —   (108 ) —   —   (108 ) —   —  
Market and currency movements   (404 ) (272 ) (49 %) (1,687 ) (1,697 ) 1 % (2,091 ) (1,969 ) (6 %)
   
 
 
 
 
 
 
 
 
 
Net movement in FUM   (436 ) (381 ) (14 %) (1,523 ) (1,573 ) 3 % (1,959 ) (1,954 ) (0 %)
   
 
 
 
 
 
 
 
 
 
Closing FUM   1,110   1,394   (20 %) 7,259   8,304   (13 %) 8,369   9,698   (14 %)
   
 
 
 
 
 
 
 
 
 

Asia Mutual Funds

 
   India(9)
   Taiwan(9)
   Other
   Asia Mutual Funds
  
 
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
  
 
   £m

   £m

    
   £m

   £m

    
   £m

   £m

    
   £m

   £m

    
  
Opening FUM (as at 31/12/01)   1,072   695   54 % 2,076   934   122 % 57   20   185 % 3,206   1,649   94 %
Gross inflows   2,672   1,473   81 % 6,922   3,988   74 % 180   13   1285 % 9,774   5,474   79 %
Less redemptions   (2,535 ) (1,209 ) (110 %) (6,518 ) (3,361 ) (94 %) (7 ) (8 ) 13 % (9,060 ) (4,578 ) (98 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
Net flows   137   264   (48 %) 404   627   (36 %) 173   5   3360 % 714   896   (20 %)
Other movements   (20 ) (23 ) 13 % —   —   —   —   —   —   (20 ) (23 ) 13 %
Market and currency movements   (9 ) (3 ) (200 %) (231 ) (46 ) (402 %) (7 ) (7 ) 0 % (247 ) (56 ) (341 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
Net movement in FUM   108   238   (55 %) 173   581   (70 %) 166   (2 ) 8400 % 447   817   (45 %)
   
 
 
 
 
 
 
 
 
 
 
 
 
Closing FUM   1,180   933   26 % 2,249   1,515   48 % 223   18   1139 % 3,652   2,466   48 %
   
 
 
 
 
 
 
 
 
 
 
 
 


INSURANCE OPERATIONS — ANALYSIS

 
   Single
   Regular
   Total
   Annual Equivalent
  
 
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
   2002 Q3
   2001 Q3
   +/- (%)
  
 
   £m

   £m

    
   £m

   £m

    
   £m

   £m

    
   £m

   £m

    
  
Asian Insurance Operations                                                  
Insurance Products:                                                  
Singapore   194   459   (58 %) 33   26   27 % 227   485   (53 %) 52   72   (28 %)
Hong Kong   89   66   35 % 62   48   29 % 151   114   32 % 71   55   29 %
Malaysia   11   9   22 % 37   29   28 % 48   38   26 % 38   30   27 %
Taiwan   13   3   333 % 100   116   (14 %) 113   119   (5 %) 101   116   (13 %)
Japan(10)   7   11   (36 %) 29   21   38 % 36   32   13 % 30   22   36 %
Other(11)   15   8   88 % 64   37   73 % 79   45   76 % 66   38   74 %
   
 
 
 
 
 
 
 
 
 
 
 
 
Total Asian Insurance Premiums   329   556   (41 %) 325   277   17 % 654   833   (21 %) 358   333   8 %
   
 
 
 
 
 
 
 
 
 
 
 
 


US BANKING PRODUCTS

 
   2002 Q3
   2001 Q3
   +/- (%)
  
 
   £m

   £m

    
  
US Banking Products              
Total Deposit Liabilities   658   564   17 %
Retail Assets   674   708   (5 %)

Notes to Schedules:

(7)Mandatory Provident Fund product sales in Hong Kong are included at Prudential's 36% interest of the Hong Kong MPF operation.

(8)Scottish Amicable and Prudential branded Investment Products.

(9)Opening FUM restated to incorporate Discretionary Asset Management Business in Taiwan and Portfolio Management Services in India.

(10)Insurance sales for Japan are included from 13 February 2001, the date of acquisition of Orico Life Insurance Company Limited.

(11)In Asia, "Other" Insurance Products include Thailand, Indonesia, The Philippines, Vietnam, India (26% interest), China and Korea.

(12)Balance sheet figures have been calculated at closing exchange rates.



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 17 OCTOBER 2002      
    PRUDENTIAL PUBLIC LIMITED COMPANY

 
 
By:
/s/  STEVE COLTON      
Steve Colton
 Group Head of Media Relations


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PRUDENTIAL PLC THIRD QUARTER 2002 NEW BUSINESS RESULTS
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PRUDENTIAL PLC — NEW BUSINESS — QUARTER 3 2002
TOTAL INSURANCE AND INVESTMENT NEW BUSINESS
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PRUDENTIAL PLC — NEW BUSINESS — QUARTER 3 2002
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