Products & Services · Total MRB liabilities

Variable Annuity — Total MRB liabilities

Prudential Financial Variable Annuity — Total MRB liabilities increased by 13.4% to $5.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.4%, from $5.02B to $5.00B. Over 4 years (FY 2021 to FY 2025), Variable Annuity — Total MRB liabilities shows a downward trend with a -17.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2026

How to read this metric

A lower liability is generally better, as it indicates reduced future financial obligations for the company.

Detailed definition

This metric represents the total gross liability recognized for Market Risk Benefits, reflecting the present value of fu...

Peer comparison

Comparable to 'Total MRB Liabilities' or 'Guarantee Reserve' at other life insurance companies.

Metric ID: pru_segment_variable_annuity_total_mrb_liabilities

Historical Data

21 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q4 '25Q1 '26
Value$10.18B$8.08B$7.29B$6.49B$5.86B$6.10B$5.46B$4.66B$5.47B$5.39B$4.62B$4.59B$5.18B$4.46B$4.41B$5.02B$4.86B$4.77B$4.62B$4.41B$5.00B
QoQ Change-20.6%-9.7%-11.0%-9.6%+4.0%-10.4%-14.7%+17.3%-1.4%-14.2%-0.7%+12.8%-14.0%-1.1%+14.0%-3.2%-1.8%-3.1%-4.6%+13.4%
YoY Change-42.4%-24.5%-25.1%-28.2%-6.8%-8.1%-24.1%-15.9%+11.1%-18.5%-19.4%+8.6%+5.8%-7.9%+3.8%-1.0%-0.4%
Range$4.41B$10.18B
CAGR-13.2%
Avg YoY Growth-11.4%
Median YoY Growth-8.1%

Frequently Asked Questions

What is Prudential Financial's variable annuity — total mrb liabilities?
Prudential Financial (PRU) reported variable annuity — total mrb liabilities of $5.00B in Q1 2026.
How has Prudential Financial's variable annuity — total mrb liabilities changed year-over-year?
Prudential Financial's variable annuity — total mrb liabilities decreased by 0.4% year-over-year, from $5.02B to $5.00B.
What is the long-term trend for Prudential Financial's variable annuity — total mrb liabilities?
Over 4 years (2021 to 2025), Prudential Financial's variable annuity — total mrb liabilities has grown at a -17.9% compound annual growth rate (CAGR), from $10.18B to $4.62B.
What does variable annuity — total mrb liabilities mean?
The total gross liability for future payments related to Market Risk Benefits.