XML 278 R119.htm IDEA: XBRL DOCUMENT
v3.25.1

Risk and sensitivity analysis - Sensitivity to key market risks (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Risk and sensitivity analysis |  |  |
Profit (loss) for the year after tax | $ 2,415 | $ 1,712 | $ (997)
Shareholders' equity | 17,492 | 17,823 |
Including JVs and associates |  |  |
Risk and sensitivity analysis |  |  |
Contractual service margin | 21,960 | 21,012 |
Foreign exchange risk |  |  |
Risk and sensitivity analysis |  |  |
Exchange movements arising during the year | $ (309) | $ (124) |
Changes of foreign exchange rates recorded as part of other comprehensive income, percentage of opening equity | 2.00% | 1.00% |
Reasonably possible increase in assumption (as a percent) | 5.00% | 5.00% |
Reasonably possible decrease in assumption (as a percent) | 5.00% | 5.00% |
Increase (decrease) to shareholders' equity: |  |  |
Net effect on shareholders' equity from decrease in assumption | $ 624 | $ 595 |
Net effect on shareholders' equity from increase in assumption | (565) | (538) |
Increase (decrease) to profit after tax: |  |  |
Net effect on profit after tax from decrease in assumption | 102 | 72 |
Net effect on profit after tax from increase in assumption | $ (92) | $ (65) |
Interest rate risk |  |  |
Risk and sensitivity analysis |  |  |
Reasonably possible increase in assumption (as a percent) | 1.00% | 1.00% |
Reasonably possible decrease in assumption (as a percent) | 0.50% | 0.50% |
Floor for movements in interest rates in sensitivity analysis | 0.00% | 0.00% |
Increase (decrease) to shareholders' equity: |  |  |
Net effect on financial assets from decrease in assumption | $ 7,690 | $ 6,815 |
Net effect on financial assets from increase in assumption | (13,462) | (12,004) |
Net effect on net insurance contract liabilities (including CSM) from decrease in assumption | (7,324) | (7,332) |
Net effect on net insurance contract liabilities (including CSM) from increase in assumption | 12,474 | 12,191 |
Net effect on shareholders' equity from decrease in assumption | 348 | (328) |
Net effect on shareholders' equity from increase in assumption | (878) | 24 |
Increase (decrease) to profit after tax: |  |  |
Net effect on profit after tax from decrease in assumption | 380 | (328) |
Net effect on profit after tax from increase in assumption | (940) | 24 |
Net effect on CSM from decrease in assumption | 395 | 358 |
Net effect on CSM from increase in assumption | (975) | (880) |
Net effect on pre-tax adjusted operating profit from decrease in assumption | (48) | (30) |
Net effect on pre-tax adjusted operating profit from increase in assumption | $ 21 | $ 33 |
Equity/property market |  |  |
Risk and sensitivity analysis |  |  |
Reasonably possible increase in assumption (as a percent) | 10.00% | 10.00% |
Reasonably possible decrease in assumption (as a percent) | 20.00% | 20.00% |
Increase (decrease) to shareholders' equity: |  |  |
Net effect on financial assets from decrease in assumption | $ (14,133) | $ (13,359) |
Net effect on financial assets from increase in assumption | 7,075 | 6,681 |
Net effect on net insurance contract liabilities (including CSM) from decrease in assumption | 13,132 | 12,288 |
Net effect on net insurance contract liabilities (including CSM) from increase in assumption | (6,628) | (6,254) |
Net effect on shareholders' equity from decrease in assumption | (689) | (822) |
Net effect on shareholders' equity from increase in assumption | 302 | 327 |
Increase (decrease) to profit after tax: |  |  |
Net effect on profit after tax from decrease in assumption | (738) | (822) |
Net effect on profit after tax from increase in assumption | 325 | 327 |
Net effect on CSM from decrease in assumption | (1,479) | (1,392) |
Net effect on CSM from increase in assumption | 651 | 618 |
Net effect on pre-tax adjusted operating profit from decrease in assumption | (201) | (186) |
Net effect on pre-tax adjusted operating profit from increase in assumption | $ 85 | $ 83 |

X
- Definition The amount of the contractual service margin. [Refer: Contractual service margin [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 109 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_109&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_ContractualServiceMargin
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfSensitivityAnalysisToChangesInRiskExposuresThatAriseFromContractsWithinScopeOfIFRS17LineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of equity attributable to the owners of the parent. This specifically excludes non-controlling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 54 -Subparagraph r -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_54_r&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_EquityAttributableToOwnersOfParent
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The increase (decrease) in equity that would have been caused by a reasonably possible decrease in the risk variable that arises from contracts within the scope of IFRS 17. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 128 -Subparagraph a -Clause i -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_128_a_i&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 128 -Subparagraph a -Clause ii -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_128_a_ii&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_IncreaseDecreaseInEquityDueToReasonablyPossibleDecreaseInRiskExposureThatArisesFromContractsWithinScopeOfIFRS17
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The increase (decrease) in equity that would have been caused by a reasonably possible increase in the risk variable that arises from contracts within the scope of IFRS 17. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 128 -Subparagraph a -Clause i -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_128_a_i&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 128 -Subparagraph a -Clause ii -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_128_a_ii&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_IncreaseDecreaseInEquityDueToReasonablyPossibleIncreaseInRiskExposureThatArisesFromContractsWithinScopeOfIFRS17
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The increase (decrease) in profit (loss) that would have been caused by a reasonably possible decrease in the risk variable that arises from contracts within the scope of IFRS 17. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 128 -Subparagraph a -Clause i -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_128_a_i&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 128 -Subparagraph a -Clause ii -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_128_a_ii&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_IncreaseDecreaseInProfitLossDueToReasonablyPossibleDecreaseInRiskExposureThatArisesFromContractsWithinScopeOfIFRS17
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The increase (decrease) in profit (loss) that would have been caused by a reasonably possible increase in the risk variable that arises from contracts within the scope of IFRS 17. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 128 -Subparagraph a -Clause i -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_128_a_i&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 128 -Subparagraph a -Clause ii -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_128_a_ii&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_IncreaseDecreaseInProfitLossDueToReasonablyPossibleIncreaseInRiskExposureThatArisesFromContractsWithinScopeOfIFRS17
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of other comprehensive income, before tax, after reclassification adjustments, that is the aggregate of exchange differences on translation of financial statements of foreign operations and hedges of net investments in foreign operations. [Refer: Other comprehensive income, before tax] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 91 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_91_b&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslationOfForeignOperationsAndHedgesOfNetInvestmentsInForeignOperations
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The percentage of the reasonably possible decrease in the risk variable that arises from contracts within scope of IFRS 17. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 128 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_128_a&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_PercentageOfReasonablyPossibleDecreaseInRiskExposureThatArisesFromContractsWithinScopeOfIFRS17
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage of a reasonably possible increase in the risk variable that arises from contracts within scope of IFRS 17. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 128 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_128_a&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_PercentageOfReasonablyPossibleIncreaseInRiskExposureThatArisesFromContractsWithinScopeOfIFRS17
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 7 -IssueDate 2024-01-01 -Paragraph 18 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2024-en-r&anchor=para_18_b&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 1 -IssueDate 2024-01-01 -Paragraph 32 -Subparagraph a -Clause ii -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=1&code=ifrs-tx-2024-en-r&anchor=para_32_a_ii&doctype=Standard -URIDate 2024-03-27 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 1 -IssueDate 2024-01-01 -Paragraph 24 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=1&code=ifrs-tx-2024-en-r&anchor=para_24_b&doctype=Standard -URIDate 2024-03-27 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2024-01-01 -Paragraph 28 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2024-en-r&anchor=para_28_b&doctype=Standard -URIDate 2024-03-27 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2024-01-01 -Paragraph 23 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2024-en-r&anchor=para_23&doctype=Standard -URIDate 2024-03-27 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Name IFRS -Number 12 -IssueDate 2024-01-01 -Paragraph B10 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2024-en-r&anchor=para_B10_b&doctype=Appendix&subtype=B -URIDate 2024-03-27 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 113 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_113_b&doctype=Standard -URIDate 2024-03-27 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 81A -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_81A_a&doctype=Standard -URIDate 2024-03-27 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 106 -Subparagraph d -Clause i -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_106_d_i&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_ProfitLoss
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Changes of foreign exchange rates recorded as part of other comprehensive income, percentage of opening equity + References No definition available. + Details
Name: | puk_ChangesOfForeignExchangeRatesRecordedAsPartOfOtherComprehensiveIncomePercentageOfOpeningEquity
Namespace Prefix: | puk_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Floor for movements in interest rates in sensitivity analysis + References No definition available. + Details
Name: | puk_FloorForMovementsInInterestRatesInSensitivityAnalysis
Namespace Prefix: | puk_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The increase (decrease) in contractual service margin, that would have been caused by a reasonably possible decrease in the risk variable that arises from contracts within the scope of IFRS 17. + References No definition available. + Details
Name: | puk_IncreaseDecreaseInContractualServiceMarginDueToReasonablyPossibleDecreaseInRiskExposureThatArisesFromContractsWithinScopeOfIfrs17
Namespace Prefix: | puk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The increase (decrease) in contractual service margin, that would have been caused by a reasonably possible increase in the risk variable that arises from contracts within the scope of IFRS 17. + References No definition available. + Details
Name: | puk_IncreaseDecreaseInContractualServiceMarginDueToReasonablyPossibleIncreaseInRiskExposureThatArisesFromContractsWithinScopeOfIfrs17
Namespace Prefix: | puk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | puk_IncreaseDecreaseInEquityDueToReasonablyPossibleIncreaseDecreaseInRiskExposureThatArisesFromContractsWithinScopeOfIfrs17Abstract
Namespace Prefix: | puk_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Increase Decrease In financial assets Due To Reasonably Possible decrease In Risk Exposure That Arises From Contracts Within Scope Of IFRS17 + References No definition available. + Details
Name: | puk_IncreaseDecreaseInFinancialAssetsDueToReasonablyPossibleDecreaseInRiskExposureThatArisesFromContractsWithinScopeOfIfrs17
Namespace Prefix: | puk_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Increase Decrease In financial assets Due To Reasonably Possible Increase In Risk Exposure That Arises From Contracts Within Scope Of IFRS17 + References No definition available. + Details
Name: | puk_IncreaseDecreaseInFinancialAssetsDueToReasonablyPossibleIncreaseInRiskExposureThatArisesFromContractsWithinScopeOfIfrs17
Namespace Prefix: | puk_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Increase Decrease In net insurance contract liabilities Due To Reasonably Possible Decrease In Risk Exposure That Arises From Contracts Within Scope Of IFRS17 + References No definition available. + Details
Name: | puk_IncreaseDecreaseInNetInsuranceContractLiabilitiesDueToReasonablyPossibleDecreaseInRiskExposureThatArisesFromContractsWithinScopeOfIfrs17
Namespace Prefix: | puk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Increase Decrease In net insurance contract liabilities Due To Reasonably Possible Increase In Risk Exposure That Arises From Contracts Within Scope Of IFRS17 + References No definition available. + Details
Name: | puk_IncreaseDecreaseInNetInsuranceContractLiabilitiesDueToReasonablyPossibleIncreaseInRiskExposureThatArisesFromContractsWithinScopeOfIfrs17
Namespace Prefix: | puk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Increase (decrease) in pre-tax adjusted operating profit due to reasonably possible decrease in risk variable that arises from contracts within scope of IFRS 17 + References No definition available. + Details
Name: | puk_IncreaseDecreaseInPreTaxAdjustedOperatingProfitDueToReasonablyPossibleDecreaseInRiskVariableThatArisesFromContractsWithinScopeOfIfrs17
Namespace Prefix: | puk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Increase (decrease) in pre-tax adjusted operating profit due to reasonably possible increase in risk variable that arises from contracts within scope of IFRS 17 + References No definition available. + Details
Name: | puk_IncreaseDecreaseInPreTaxAdjustedOperatingProfitDueToReasonablyPossibleIncreaseInRiskVariableThatArisesFromContractsWithinScopeOfIfrs17
Namespace Prefix: | puk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | puk_IncreaseDecreaseInProfitLossDueToReasonablyPossibleIncreaseDecreaseInRiskExposureThatArisesFromContractsWithinScopeOfIfrs17Abstract
Namespace Prefix: | puk_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=puk_IncludingJointVenturesAndAssociatesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfRisksAxis=puk_EquityAndPropertyPriceRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |