Retirement — Market risk benefit liabilities
Prudential Financial Retirement — Market risk benefit liabilities decreased by 92.0% to $401.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 92.0%, from $5.02B to $401.00M. Over 4 years (FY 2021 to FY 2025), Retirement — Market risk benefit liabilities shows a downward trend with a -17.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher potential future payouts due to market volatility or increased product exposure, while a decrease indicates reduced risk exposure.
Detailed definition
Represents the actuarial liability associated with guarantees provided on variable annuity products that protect policyh...
Peer comparison
Commonly reported by life insurers with significant variable annuity businesses under headings like 'GMxB reserves' or 'market risk benefits'.
pru_segment_retirement_market_risk_benefit_liabilitiesHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $10.18B | $8.08B | $7.29B | $6.49B | $5.86B | $6.10B | $5.46B | $4.66B | $5.47B | $4.62B | $4.59B | $5.18B | $4.46B | $5.02B | $169.00M | $4.86B | $4.77B | $4.62B | $5.00B | $401.00M |
| QoQ Change | — | -20.6% | -9.7% | -11.0% | -9.6% | +4.0% | -10.4% | -14.7% | +17.3% | -15.4% | -0.7% | +12.8% | -14.0% | +12.7% | -96.6% | >999% | -1.8% | -3.1% | +8.2% | -92.0% |
| YoY Change | — | — | — | — | -42.4% | -24.5% | -25.1% | -28.2% | -6.8% | -24.1% | -15.9% | +11.1% | -18.5% | +8.6% | -96.3% | +5.8% | -7.9% | +3.8% | -0.4% | -92.0% |
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Frequently Asked Questions
- What is Prudential Financial's retirement — market risk benefit liabilities?
- Prudential Financial (PRU) reported retirement — market risk benefit liabilities of $401.00M in Q1 2026.
- How has Prudential Financial's retirement — market risk benefit liabilities changed year-over-year?
- Prudential Financial's retirement — market risk benefit liabilities decreased by 92.0% year-over-year, from $5.02B to $401.00M.
- What is the long-term trend for Prudential Financial's retirement — market risk benefit liabilities?
- Over 4 years (2021 to 2025), Prudential Financial's retirement — market risk benefit liabilities has grown at a -17.9% compound annual growth rate (CAGR), from $10.18B to $4.62B.
- What does retirement — market risk benefit liabilities mean?
- The estimated future cost to the company for providing market-based guarantees on retirement products.