Prudential Financial Individual and group annuities — Reinsurance recoverables decreased by 1.7% to $6.91B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.6%, from $6.95B to $6.91B. Over 2 years (FY 2023 to FY 2025), Individual and group annuities — Reinsurance recoverables shows an upward trend with a 24.2% CAGR.
An increase suggests higher utilization of reinsurance to manage risk or capital, while a decrease may indicate lower reliance on reinsurance or the settlement of existing claims.
This metric represents the total amount of insurance liabilities ceded to reinsurers within the individual and group ann...
Comparable to reinsurance recoverables reported by other life and annuity insurers, often analyzed alongside the credit quality of the reinsurers.
pru_segment_individual_and_group_annuities_reinsurance_recoverables| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $185.00M | $2.07B | $2.14B | $1.73B | $6.75B | $7.52B | $7.22B | $7.10B | $7.42B | $6.99B | $6.95B | $6.91B | $7.07B | $7.03B | $6.91B |
| QoQ Change | — | >999% | +3.0% | -19.1% | +290.6% | +11.3% | -3.9% | -1.7% | +4.5% | -5.8% | -0.6% | -0.5% | +2.3% | -0.6% | -1.7% |
| YoY Change | — | >999% | — | — | — | +262.4% | +237.9% | +310.6% | +9.9% | -7.0% | -3.8% | -2.6% | -4.6% | +0.6% | -0.6% |