Separate account liabilities
Prudential Financial Separate account liabilities decreased by 3.7% to $189.04B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.4%, from $188.19B to $189.04B. Over 5 years (FY 2020 to FY 2025), Separate account liabilities shows a downward trend with a -9.7% CAGR.
Analysis
How to read this metric
Changes in this balance reflect the market value fluctuations or net inflows/outflows of client-managed assets held in segregated accounts.
Detailed definition
These are liabilities that correspond directly to assets held in separate accounts, typically for insurance or investmen...
Peer comparison
Common in insurance and asset management firms that offer segregated investment products.
ins_separate_account_liabilitiesHistorical Data
| Q2 '21 | Q3 '21 | 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 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $340.69B | $241.85B | $246.15B | $229.62B | $205.61B | $194.53B | $197.68B | $202.29B | $200.87B | $190.64B | $198.89B | $200.06B | $196.86B | $200.55B | $193.37B | $188.19B | $194.76B | $198.54B | $196.25B | $189.04B |
| QoQ Change | — | -29.0% | +1.8% | -6.7% | -10.5% | -5.4% | +1.6% | +2.3% | -0.7% | -5.1% | +4.3% | +0.6% | -1.6% | +1.9% | -3.6% | -2.7% | +3.5% | +1.9% | -1.2% | -3.7% |
| YoY Change | — | — | — | — | -39.6% | -19.6% | -19.7% | -11.9% | -2.3% | -2.0% | +0.6% | -1.1% | -2.0% | +5.2% | -2.8% | -5.9% | -1.1% | -1.0% | +1.5% | +0.4% |
Product Breakdown
| Segment | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Individual Retirement Strategies | $340.69B | $241.85B | $246.15B | $229.62B | $205.61B | $194.53B | $197.68B | $189.04B |
| Institutional Retirement Strategies | $340.69B | $241.85B | $246.15B | $229.62B | $205.61B | $194.53B | $197.68B | $189.04B |
| Total | $340.69B | $241.85B | $246.15B | $229.62B | $205.61B | $194.53B | $197.68B | $189.04B |
Individual Retirement Strategies, Institutional Retirement Strategies were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Corporate and Other | $196.86B | $200.55B | $193.37B | $188.19B | $194.76B | $198.54B | $196.25B | $189.04B |
| Individual Life | $196.86B | $200.55B | $193.37B | $188.19B | $194.76B | $198.54B | $196.25B | $189.04B |
| Retirement | — | — | — | — | — | — | — | $189.04B |
| Total | $196.86B | $200.55B | $193.37B | $188.19B | $194.76B | $198.54B | $196.25B | $189.04B |
Separate account liabilities at Other Companies
Frequently Asked Questions
- What is Prudential Financial's separate account liabilities?
- Prudential Financial (PRU) reported separate account liabilities of $189.04B in Q1 2026.
- How has Prudential Financial's separate account liabilities changed year-over-year?
- Prudential Financial's separate account liabilities increased by 0.4% year-over-year, from $188.19B to $189.04B.
- What is the long-term trend for Prudential Financial's separate account liabilities?
- Over 5 years (2020 to 2025), Prudential Financial's separate account liabilities has grown at a -9.7% compound annual growth rate (CAGR), from $327.28B to $196.25B.
- What does separate account liabilities mean?
- Liabilities that are exactly matched by specific assets held on behalf of clients.