Discontinued — last reported Q4 '24
Gibraltar Life and Other — Policyholder Account Balance, Interest Expense
Prudential Financial Gibraltar Life and Other — Policyholder Account Balance, Interest Expense increased by 7.9% to $259.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 26.3%, from $205.00M to $259.00M. Over 3 years (FY 2021 to FY 2024), Gibraltar Life and Other — Policyholder Account Balance, Interest Expense shows an upward trend with a 13.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Rising interest expense on account balances may indicate higher crediting rates offered to remain competitive or to meet contractual obligations.
Detailed definition
This metric tracks the interest credited to policyholder account balances, representing the cost of the interest-bearing...
Peer comparison
Comparable to 'interest credited to policyholder accounts' or 'cost of insurance liabilities' at peer life insurers.
pru_segment_gibraltar_life_and_other_policyholder_account_balance_interest_expenseHistorical 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $162.25M | $162.25M | $162.25M | $126.00M | $106.00M | $131.00M | $155.00M | $172.00M | $182.00M | $177.00M | $205.00M | $219.00M | $225.00M | $240.00M | $259.00M |
| QoQ Change | — | +0.0% | +0.0% | -22.3% | -15.9% | +23.6% | +18.3% | +11.0% | +5.8% | -2.7% | +15.8% | +6.8% | +2.7% | +6.7% | +7.9% |
| YoY Change | — | — | — | — | -34.7% | -19.3% | -4.5% | +36.5% | +71.7% | +35.1% | +32.3% | +27.3% | +23.6% | +35.6% | +26.3% |
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Frequently Asked Questions
- What is Prudential Financial's gibraltar life and other — policyholder account balance, interest expense?
- Prudential Financial (PRU) reported gibraltar life and other — policyholder account balance, interest expense of $259.00M in Q4 2024.
- How has Prudential Financial's gibraltar life and other — policyholder account balance, interest expense changed year-over-year?
- Prudential Financial's gibraltar life and other — policyholder account balance, interest expense increased by 26.3% year-over-year, from $205.00M to $259.00M.
- What is the long-term trend for Prudential Financial's gibraltar life and other — policyholder account balance, interest expense?
- Over 3 years (2021 to 2024), Prudential Financial's gibraltar life and other — policyholder account balance, interest expense has grown at a 13.3% compound annual growth rate (CAGR), from $649.00M to $943.00M.
- What does gibraltar life and other — policyholder account balance, interest expense mean?
- The interest cost paid by the company to policyholders on their account balances.