Discontinued — last reported Q1 '22

Products & Services · Policyholder Account Balance, Surrender and Withdrawal

Full Service — Policyholder Account Balance, Surrender and Withdrawal

Prudential Financial Full Service — Policyholder Account Balance, Surrender and Withdrawal increased by 8.2% to $1.76B in Q1 2022 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ1 2022May 4, 2023

How to read this metric

High surrender rates can indicate customer dissatisfaction or competitive pressure, negatively impacting long-term assets under management.

Detailed definition

The total value of funds removed from policyholder accounts due to customer surrenders, partial withdrawals, or contract...

Peer comparison

Standard 'surrender rate' or 'lapse rate' metric used across the life insurance and annuity industry.

Metric ID: pru_segment_full_service_policyholder_account_balance_surrender_and_withdrawal

Historical Data

4 periods
 Q2 '21Q3 '21Q4 '21Q1 '22
Value$1.63B$1.63B$1.63B$1.76B
QoQ Change+0.0%+0.0%+8.2%
Range$1.63B$1.76B
Current Streak3+ quarters growth

Frequently Asked Questions

What is Prudential Financial's full service — policyholder account balance, surrender and withdrawal?
Prudential Financial (PRU) reported full service — policyholder account balance, surrender and withdrawal of $1.76B in Q1 2022.
What does full service — policyholder account balance, surrender and withdrawal mean?
The amount of money customers withdrew or took out of their accounts.