Discontinued — last reported Q4 '22
Business Segments · Benefits, Claims, Losses and Settlement Expenses
International Businesses — Benefits, Claims, Losses and Settlement Expenses
Prudential Financial International Businesses — Benefits, Claims, Losses and Settlement Expenses remained flat by 0.0% to $3.42B in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 9.0%, from $3.75B to $3.42B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2022
How to read this metric
Lower values relative to premium income indicate better underwriting discipline and profitability.
Detailed definition
The total costs incurred related to policyholder benefits, insurance claims, and the administrative expenses associated...
Peer comparison
Similar to 'Incurred Losses and Loss Adjustment Expenses' (LAE) in property and casualty or life insurance reporting.
Metric ID:
pru_segment_international_businesses_benefits_claims_losses_and_settlement_expensesHistorical Data
2 years
| FY'21 | FY'22 | |
|---|---|---|
| Value | $15.01B | $13.66B |
| YoY Change | — | -9.0% |
Range$13.66B – $15.01B
Avg YoY Growth-9.0%
Median YoY Growth-9.0%
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Frequently Asked Questions
- What is Prudential Financial's international businesses — benefits, claims, losses and settlement expenses?
- Prudential Financial (PRU) reported international businesses — benefits, claims, losses and settlement expenses of $3.42B in Q4 2022.
- How has Prudential Financial's international businesses — benefits, claims, losses and settlement expenses changed year-over-year?
- Prudential Financial's international businesses — benefits, claims, losses and settlement expenses decreased by 9.0% year-over-year, from $3.75B to $3.42B.
- What does international businesses — benefits, claims, losses and settlement expenses mean?
- The total cost of paying out insurance claims and managing the settlement process for international policies.