Products & Services · Less: Reinsured MRBs

Total — Less: Reinsured MRBs

Prudential Financial Total — Less: Reinsured MRBs increased by 8.2% to $870.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.4%, from $735.00M to $870.00M.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026

How to read this metric

An increase suggests a strategic shift toward offloading market risk to reinsurers, potentially improving the company's capital efficiency.

Detailed definition

This metric represents the adjustment to liabilities for Market Risk Benefits (MRBs) that have been transferred to third...

Peer comparison

Similar to reinsurance ceded metrics for specific product guarantees found in life insurance financial disclosures.

Metric ID: pru_segment_total_less_reinsured_mrbs

Historical Data

9 periods
 Q4 '23Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$616.00M$635.00M$681.00M$654.00M$735.00M$777.00M$764.00M$804.00M$870.00M
QoQ Change+3.1%+7.2%-4.0%+12.4%+5.7%-1.7%+5.2%+8.2%
YoY Change+6.2%+22.4%+12.2%+22.9%+18.4%
Range$616.00M$870.00M
CAGR+18.8%
Avg YoY Growth+16.4%
Median YoY Growth+18.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is Prudential Financial's total — less: reinsured mrbs?
Prudential Financial (PRU) reported total — less: reinsured mrbs of $870.00M in Q1 2026.
How has Prudential Financial's total — less: reinsured mrbs changed year-over-year?
Prudential Financial's total — less: reinsured mrbs increased by 18.4% year-over-year, from $735.00M to $870.00M.
What does total — less: reinsured mrbs mean?
The value of market-linked insurance guarantees that have been transferred to other insurance companies via reinsurance.