Products & Services · Market risk benefit assets

Individual Variable — Market risk benefit assets

Prudential Financial Individual Variable — Market risk benefit assets increased by 2.8% to $2.25B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.8%, from $2.12B to $2.25B. Over 2 years (FY 2022 to FY 2024), Individual Variable — Market risk benefit assets shows an upward trend with a 63.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityVolatile
Rolls up toAsset

How to read this metric

Growth in these assets should ideally track with the growth in market risk benefit liabilities to maintain a hedged position.

Detailed definition

These are assets held to hedge or offset the liabilities associated with market risk benefits, such as guaranteed minimu...

Peer comparison

Common for insurers offering variable annuities with living benefits; peers report these as part of derivative or hedging programs.

Metric ID: pru_segment_individual_variable_market_risk_benefit_assets

Historical Data

16 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$927.00M$905.00M$856.00M$794.00M$787.00M$962.00M$1.94B$2.19B$1.97B$2.21B$2.22B$2.12B$2.32B$2.14B$2.19B$2.25B
QoQ Change-2.4%-5.4%-7.2%-0.9%+22.2%+101.4%+12.9%-10.1%+12.5%+0.4%-4.5%+9.3%-7.9%+2.2%+2.8%
YoY Change-15.1%+6.3%+126.3%+175.4%+149.9%+129.9%+14.7%-3.0%+17.9%-3.4%-1.6%+5.8%
Range$787.00M$2.32B
CAGR+26.6%
Avg YoY Growth+50.3%
Median YoY Growth+10.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Prudential Financial's individual variable — market risk benefit assets?
Prudential Financial (PRU) reported individual variable — market risk benefit assets of $2.25B in Q3 2025.
How has Prudential Financial's individual variable — market risk benefit assets changed year-over-year?
Prudential Financial's individual variable — market risk benefit assets increased by 5.8% year-over-year, from $2.12B to $2.25B.
What is the long-term trend for Prudential Financial's individual variable — market risk benefit assets?
Over 2 years (2022 to 2024), Prudential Financial's individual variable — market risk benefit assets has grown at a 63.0% compound annual growth rate (CAGR), from $3.34B to $8.88B.
What does individual variable — market risk benefit assets mean?
Assets held to cover the cost of market-linked guarantees provided to policyholders.