Business Segments · Interest credited to policyholders’ account balances

International Insurance — Interest credited to policyholders’ account balances

Prudential Financial International Insurance — Interest credited to policyholders’ account balances increased by 5.8% to $239.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 32.8%, from $180.00M to $239.00M.

Analysis

StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityStable

How to read this metric

An increase may reflect higher interest rate environments or growth in interest-sensitive product liabilities, impacting the net spread.

Detailed definition

This metric reflects the interest expense credited to the account balances of policyholders for products like universal...

Peer comparison

Similar to interest credited to policyholder accounts in annuity and life insurance segments of peer companies.

Metric ID: pru_segment_international_insurance_interest_credited_to_policyholders_account_balances

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$199.75M$199.75M$199.75M$190.00M$175.00M$180.00M$196.00M$215.00M$226.00M$239.00M
QoQ Change+0.0%+0.0%-4.9%-7.9%+2.9%+8.9%+9.7%+5.1%+5.8%
YoY Change-12.4%-9.9%-1.9%+13.2%+29.1%+32.8%
Range$175.00M$239.00M
CAGR+8.3%
Avg YoY Growth+8.5%
Median YoY Growth+5.6%
Current Streak5 quarters growth

Frequently Asked Questions

What is Prudential Financial's international insurance — interest credited to policyholders’ account balances?
Prudential Financial (PRU) reported international insurance — interest credited to policyholders’ account balances of $239.00M in Q3 2023.
How has Prudential Financial's international insurance — interest credited to policyholders’ account balances changed year-over-year?
Prudential Financial's international insurance — interest credited to policyholders’ account balances increased by 32.8% year-over-year, from $180.00M to $239.00M.
What does international insurance — interest credited to policyholders’ account balances mean?
The interest paid by the company on funds held in international policyholder accounts.