Discontinued — last reported Q4 '23
Products & Services · Policyholder Account Balance, Gross
Life/Disability — Policyholder Account Balance, Gross
Prudential Financial Life/Disability — Policyholder Account Balance, Gross decreased by 0.4% to $5.29B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 9.4%, from $5.84B to $5.29B.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2023
How to read this metric
Growth in the gross balance generally reflects an expanding insurance business, though it must be viewed alongside reinsurance levels to understand net risk.
Detailed definition
This metric represents the total gross liability owed to policyholders for life and disability products before accountin...
Peer comparison
Commonly reported as 'Gross Policy Liabilities' or 'Total Policyholder Account Balances' by life insurance peers.
Metric ID:
pru_segment_life_disability_policyholder_account_balance_grossHistorical Data
9 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $6.27B | $6.10B | $6.08B | $5.97B | $5.84B | $5.55B | $5.46B | $5.31B | $5.29B |
| QoQ Change | — | -2.8% | -0.3% | -1.7% | -2.2% | -4.9% | -1.7% | -2.7% | -0.4% |
| YoY Change | — | — | — | — | -6.9% | -8.9% | -10.2% | -11.1% | -9.4% |
Range$5.29B – $6.27B
CAGR-8.1%
Avg YoY Growth-9.3%
Median YoY Growth-9.4%
Current Streak8+ quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Prudential Financial's life/disability — policyholder account balance, gross?
- Prudential Financial (PRU) reported life/disability — policyholder account balance, gross of $5.29B in Q4 2023.
- How has Prudential Financial's life/disability — policyholder account balance, gross changed year-over-year?
- Prudential Financial's life/disability — policyholder account balance, gross decreased by 9.4% year-over-year, from $5.84B to $5.29B.
- What does life/disability — policyholder account balance, gross mean?
- The total gross liability owed to policyholders before considering reinsurance.