What is Prudential Financial's assurance iq — other operating expenses?

Prudential Financial (PRU) reported assurance iq — other operating expenses of $385.00M in Q4 2022.

How has Prudential Financial's assurance iq — other operating expenses changed year-over-year?

Prudential Financial's assurance iq — other operating expenses decreased by 14.4% year-over-year, from $449.75M to $385.00M.

What does assurance iq — other operating expenses mean?

The general administrative and operational costs required to run the Assurance IQ business segment.

Discontinued — last reported Q4 '22

Business Segments · Other Operating Expenses

Assurance IQ — Other Operating Expenses

Prudential Financial Assurance IQ — Other Operating Expenses remained flat by 0.0% to $385.00M in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 14.4%, from $449.75M to $385.00M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityStable

First reportedQ1 2019

Last reportedQ4 2022Feb 16, 2023

Rolls up toOther operating expenses

How to read this metric

A decrease relative to revenue indicates improved operational efficiency and better cost control, while an increase may signal rising overhead or investment in infrastructure.

Detailed definition

This captures the general and administrative costs, overhead, and other non-claim related expenses required to operate t...

Peer comparison

Comparable to 'General and Administrative Expenses' or 'Operating Expenses' reported by other financial services segments.

Metric ID: pru_segment_assurance_iq_other_operating_expenses

Historical Data

2 years

	FY'21	FY'22
Value	$1.80B	$1.54B
YoY Change	—	-14.4%

Range$1.54B – $1.80B

Avg YoY Growth-14.4%

Median YoY Growth-14.4%

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Frequently Asked Questions

What is Prudential Financial's assurance iq — other operating expenses?: Prudential Financial (PRU) reported assurance iq — other operating expenses of $385.00M in Q4 2022.
How has Prudential Financial's assurance iq — other operating expenses changed year-over-year?: Prudential Financial's assurance iq — other operating expenses decreased by 14.4% year-over-year, from $449.75M to $385.00M.
What does assurance iq — other operating expenses mean?: The general administrative and operational costs required to run the Assurance IQ business segment.