Prudential plc

Ladies and gentlemen, welcome to the Prudential 2020 Half Year Results Call. My name is Bethany and I'll be coordinating your call today. If you would like to ask a question during the presentation, you may register to do so by pressing star followed by one on your telephone keypad. If you change your mind, you can press star two to cancel your question. I will now hand over to your host, Mike Wells, Group Chief Executive, to begin. Mike, please go ahead.

Bethany, thank you. Hello, everybody. Welcome to the Prudential PLC 2020 interim results and strategy update. This year, we've recorded our full presentation in advance, and it's up on our website with the transcript already. So today, we can use most of the call then to take your questions, and given the nature of our news this morning, we would expect that that'll take up the full hour at least. So to give you an idea of who's with me, I'm joining you from Lansing, Michigan, the home of Jackson. Also in the U.S., you've got Michael Falcon, CEO of Jackson, Axel Andre, CFO of Jackson. And in London, we have Mark Fitzpatrick, our group CFO and COO in the IR team. In Hong Kong, we have Group Risk Office Director James Turner, CEO of our Asian business, Nick Nicandro, and CEO of Asia. Raga was with us as well. And I think at a respected time, instead of going through a summary of the comments we made on the video, I'm going to go straight to Q&A. and just see where we are. And if need to, I'll bridge back to some of the key themes and key things we've accomplished in the first half of this year. But Patrick, if you're okay, let's just go ahead and go straight to Q&A.

Sure. Thank you. Bethany, if you bring the first question.