Prudential Financial PRU Guaranteed Universal Life — Amortization expense
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Where this comes from
Reported directly by Prudential Financial in its filing.
Tagged under the XBRL concept pru:PolicyholderAccountBalanceUnearnedRevenueReserveAmortizationExpense.
The official record: Prudential Financial’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Prudential Financial's guaranteed universal life — amortization expense?
- Prudential Financial (PRU) reported guaranteed universal life — amortization expense of -$21M in Q1 2026.
- What does guaranteed universal life — amortization expense mean?
- This represents the periodic charge to earnings resulting from the amortization of deferred acquisition costs (DAC) and other intangible assets associated with Guaranteed Universal Life insurance policies. It reflects the systematic allocation of upfront costs over the expected life of the insurance contracts, adjusted for actual and expected policyholder behavior. This metric is critical for understanding the long-term profitability and capital efficiency of the life insurance segment.