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PRUDENTIAL AFRICA LEADS INDUSTRY WITH HIGHEST NUMBER OF MILLION DOLLAR ROUND TABLE (MDRT) QUALIFIERS

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members in Africa, with

the largest number of qualifiers coming from Nigeria.

Million Dollar Round Table (MDRT) is the global Premier Association of Financial

Professionals. MDRT members lead the global financial services profession in professional

knowledge, ethical conduct, and client service. Members are recognized as setting the

international standard of excellence in the financial services field, meeting unique client needs

in the evolving landscape of modern personal finance while adhering to a strict code of ethics.

These results reflect the strong performance of Prudential in Africa, with Annual Premium

Equivalent (APE) sales growing by 17 per cent year-on-year as announced by the Group in its

2022 half year financial results. Six of its eight markets recorded double-digit growth in APE

sales.

Nick Holder, Chief Operating Officer, Prudential Africa, said that: “Prudential Africa continues to

focus on investing in its distribution channels to support the health and protection needs of its

customers. We continue to equip our agency force and financial service consultants with digital

capabilities to connect and engage with customers as well as provide personalised advice. Our

multi-channel and integrated distribution strategy is able to adapt to evolving customer needs

and local market conditions, and positions us well to capture growth opportunities”.

Prudential Zenith Life Insurance Ltd (PZL) is a subsidiary of Prudential Plc., established in 2017

when Prudential Plc acquired a 51% holding in Zenith Life Insurance. PZL is one of the most

capitalized companies in the Nigerian insurance industry with a wide range of individual

products including savings & investments-linked products, endowment, and protection products

designed to meet the needs of individuals and their families. For corporate clients, the

company’s product offerings include Group Life, Key-Man Assurance, Credit Life, School Fees

Protection, and Mortgage Protection, ensuring that the welfare of clients’ staff and families are

met.

Prudential Plc provides life and health insurance, and asset management in Africa and Asia,

helping people get the most out of life by making healthcare affordable and accessible and by

promoting financial inclusion. Prudential protects people’s wealth, helps them grow their assets,

and empowers them to save for their goals. It has more than 19 million life customers and is listed on stock exchanges in London (PRU), Hong Kong (2378), Singapore (K6S), and New York (PUK).

Prudential Plc has insurance operations in eight countries in Africa: Nigeria, Cameroon, Cote d’Ivoire, Ghana, Kenya, Togo Uganda, and Zambia. With over 1 million customers, Prudential Africa works with over 11,000 agents and six exclusive bank partnerships, with access to over 600 branches to bring value-added insurance solutions to its customers.

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