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Discontinued — last reported Q4 '20

Business Segments · Less: Reinsurance recoverable

Closed Block division — Less: Reinsurance recoverable

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2020Feb 21, 2024

How to read this metric

An increase indicates higher reliance on reinsurance to mitigate risk, while a decrease suggests more risk is being retained on the company's own balance sheet.

Detailed definition

This represents the portion of insurance liabilities that are ceded to third-party reinsurers, which the company expects...

Peer comparison

Standard across the insurance industry as 'Reinsurance Recoverables' or 'Ceded Reserves'.

Metric ID: pru_segment_closed_block_division_less_reinsurance_recoverable

Frequently Asked Questions

What does closed block division — less: reinsurance recoverable mean?
The amount of insurance claims the company expects to be reimbursed for by its reinsurance partners.