Discontinued — last reported Q4 '24
Gibraltar Life and Other — Less: Reinsurance recoverable
Prudential Financial Gibraltar Life and Other — Less: Reinsurance recoverable decreased by 10.3% to $260.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 28.7%, from $202.00M to $260.00M. Over 2 years (FY 2022 to FY 2024), Gibraltar Life and Other — Less: Reinsurance recoverable shows an upward trend with a 11.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher reliance on reinsurance to mitigate risk, reducing the net financial burden on the company.
Detailed definition
This metric quantifies the portion of insurance liabilities that are covered by reinsurance agreements, allowing the com...
Peer comparison
Standard 'Reinsurance Recoverables' or 'Ceded Insurance Liabilities' found in insurance balance sheets.
pru_segment_gibraltar_life_and_other_less_reinsurance_recoverableHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $279.00M | $258.00M | $219.00M | $200.00M | $203.00M | $222.00M | $211.00M | $189.00M | $202.00M | $285.00M | $257.00M | $290.00M | $260.00M |
| QoQ Change | — | -7.5% | -15.1% | -8.7% | +1.5% | +9.4% | -5.0% | -10.4% | +6.9% | +41.1% | -9.8% | +12.8% | -10.3% |
| YoY Change | — | — | — | — | -27.2% | -14.0% | -3.7% | -5.5% | -0.5% | +28.4% | +21.8% | +53.4% | +28.7% |
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Frequently Asked Questions
- What is Prudential Financial's gibraltar life and other — less: reinsurance recoverable?
- Prudential Financial (PRU) reported gibraltar life and other — less: reinsurance recoverable of $260.00M in Q4 2024.
- How has Prudential Financial's gibraltar life and other — less: reinsurance recoverable changed year-over-year?
- Prudential Financial's gibraltar life and other — less: reinsurance recoverable increased by 28.7% year-over-year, from $202.00M to $260.00M.
- What is the long-term trend for Prudential Financial's gibraltar life and other — less: reinsurance recoverable?
- Over 2 years (2022 to 2024), Prudential Financial's gibraltar life and other — less: reinsurance recoverable has grown at a 11.4% compound annual growth rate (CAGR), from $880.00M to $1.09B.
- What does gibraltar life and other — less: reinsurance recoverable mean?
- The amount of insurance liabilities expected to be reimbursed by reinsurance partners.