Benefits, Losses and Expenses
Prudential Financial Benefits, Losses and Expenses increased by 2.2% to $14.79B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.9%, from $12.55B to $14.79B. Over 4 years (FY 2021 to FY 2025), Benefits, Losses and Expenses shows relatively stable performance with a -1.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase often reflects higher claim frequency or severity, which can negatively impact underwriting margins.
Detailed definition
This captures the total outflows related to policyholder benefits, claims, and other associated insurance expenses. It r...
Peer comparison
This is a fundamental metric for insurance companies; peers are compared based on their loss ratios to determine underwriting discipline.
other_benefits_losses_and_expensesHistorical 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 | $13.14B | $19.84B | $13.90B | $12.51B | $12.46B | $20.33B | $13.47B | $15.20B | $12.88B | $9.41B | $13.42B | $22.12B | $13.47B | $18.94B | $12.67B | $12.55B | $12.99B | $16.11B | $14.48B | $14.79B |
| QoQ Change | — | +50.9% | -29.9% | -9.9% | -0.4% | +63.1% | -33.7% | +12.8% | -15.3% | -26.9% | +42.6% | +64.8% | -39.1% | +40.6% | -33.1% | -1.0% | +3.5% | +24.0% | -10.1% | +2.2% |
| YoY Change | — | — | — | — | -5.2% | +2.5% | -3.0% | +21.5% | +3.3% | -53.7% | -0.4% | +45.5% | +4.6% | +101.2% | -5.6% | -43.3% | -3.6% | -14.9% | +14.2% | +17.9% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Retirement | — | — | — | — | — | — | — | $4.89B |
| Individual Life | $1.62B | $1.49B | $1.60B | $1.06B | $1.39B | $1.47B | $1.46B | $982.00M |
| Corporate and Other | $335.00M | $558.00M | $519.00M | $398.00M | $336.00M | $434.00M | $602.00M | $287.00M |
| Total | $13.47B | $18.94B | $12.67B | $12.55B | $12.99B | $16.11B | $14.48B | $14.79B |
Geographic Breakdown
| Segment | FY'23 |
|---|---|
| International Businesses | $15.50B |
| Total | $50.91B |
All segment values are derived from annual filings.
Benefits, Losses and Expenses at Other Companies
Frequently Asked Questions
- What is Prudential Financial's benefits, losses and expenses?
- Prudential Financial (PRU) reported benefits, losses and expenses of $14.79B in Q1 2026.
- How has Prudential Financial's benefits, losses and expenses changed year-over-year?
- Prudential Financial's benefits, losses and expenses increased by 17.9% year-over-year, from $12.55B to $14.79B.
- What is the long-term trend for Prudential Financial's benefits, losses and expenses?
- Over 4 years (2021 to 2025), Prudential Financial's benefits, losses and expenses has grown at a -1.8% compound annual growth rate (CAGR), from $60.41B to $56.12B.
- What does benefits, losses and expenses mean?
- The total costs associated with paying out insurance claims and managing policyholder benefits.