Discontinued — last reported Q4 '24
Life Planner — Benefits, Claims, Losses and Settlement Expenses
Prudential Financial Life Planner — Benefits, Claims, Losses and Settlement Expenses remained flat by 0.0% to $1.61B in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 1.5%, from $1.64B to $1.61B. Over 3 years (FY 2021 to FY 2024), Life Planner — Benefits, Claims, Losses and Settlement Expenses shows relatively stable performance with a -3.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A decrease relative to premiums indicates improved underwriting profitability, while an increase may signal adverse loss experience.
Detailed definition
The total costs incurred from paying out insurance claims, policy benefits, and the associated expenses of settling thos...
Peer comparison
Standard expense metric for insurance segments; often used to calculate the loss ratio.
pru_segment_life_planner_benefits_claims_losses_and_settlement_expensesHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $7.08B | $6.04B | $6.56B | $6.46B |
| YoY Change | — | -14.7% | +8.6% | -1.5% |
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Frequently Asked Questions
- What is Prudential Financial's life planner — benefits, claims, losses and settlement expenses?
- Prudential Financial (PRU) reported life planner — benefits, claims, losses and settlement expenses of $1.61B in Q4 2024.
- How has Prudential Financial's life planner — benefits, claims, losses and settlement expenses changed year-over-year?
- Prudential Financial's life planner — benefits, claims, losses and settlement expenses decreased by 1.5% year-over-year, from $1.64B to $1.61B.
- What is the long-term trend for Prudential Financial's life planner — benefits, claims, losses and settlement expenses?
- Over 3 years (2021 to 2024), Prudential Financial's life planner — benefits, claims, losses and settlement expenses has grown at a -3.0% compound annual growth rate (CAGR), from $7.08B to $6.46B.
- What does life planner — benefits, claims, losses and settlement expenses mean?
- The total cost of paying out insurance claims and related settlement expenses.