Discontinued — last reported Q4 '24

Business Segments · General and Administrative Expenses

Group Insurance — General and Administrative Expenses

Prudential Financial Group Insurance — General and Administrative Expenses remained flat by 0.0% to $286.50M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 6.1%, from $270.00M to $286.50M. Over 2 years (FY 2022 to FY 2024), Group Insurance — General and Administrative Expenses shows relatively stable performance with a 4.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2024

How to read this metric

Rising administrative costs without corresponding revenue growth may signal declining operational efficiency.

Detailed definition

These are the broad corporate and administrative costs allocated to the group insurance segment that are not directly ti...

Peer comparison

Standard line item for administrative overhead across the financial services industry.

Metric ID: pru_segment_group_insurance_general_and_administrative_expenses

Historical Data

3 years
 FY'22FY'23FY'24
Value$1.06B$1.08B$1.15B
YoY Change+2.1%+6.1%
Range$1.06B$1.15B
CAGR+4.1%
Avg YoY Growth+4.1%
Median YoY Growth+4.1%
Current Streak2+ years growth

Frequently Asked Questions

What is Prudential Financial's group insurance — general and administrative expenses?
Prudential Financial (PRU) reported group insurance — general and administrative expenses of $286.50M in Q4 2024.
How has Prudential Financial's group insurance — general and administrative expenses changed year-over-year?
Prudential Financial's group insurance — general and administrative expenses increased by 6.1% year-over-year, from $270.00M to $286.50M.
What is the long-term trend for Prudential Financial's group insurance — general and administrative expenses?
Over 2 years (2022 to 2024), Prudential Financial's group insurance — general and administrative expenses has grown at a 4.1% compound annual growth rate (CAGR), from $1.06B to $1.15B.
What does group insurance — general and administrative expenses mean?
The general overhead costs allocated to the insurance business segment.