Discontinued — last reported Q4 '24
Life Planner — Less: Reinsurance recoverable
Prudential Financial Life Planner — Less: Reinsurance recoverable decreased by 9.2% to $89.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 12.7%, from $102.00M to $89.00M. Over 2 years (FY 2022 to FY 2024), Life Planner — Less: Reinsurance recoverable shows a downward trend with a -15.3% CAGR.
Analysis
How to read this metric
An increase indicates higher reliance on reinsurance to manage risk, whereas a decrease suggests the company is retaining more underwriting risk.
Detailed definition
The portion of insurance liabilities that is ceded to third-party reinsurers, representing amounts the company expects t...
Peer comparison
Comparable to 'Reinsurance Recoverables' or 'Ceded Insurance Liabilities' found in standard insurance balance sheets.
pru_segment_life_planner_less_reinsurance_recoverableHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $142.00M | $150.00M | $128.00M | $116.00M | $126.00M | $112.00M | $104.00M | $96.00M | $102.00M | $98.00M | $88.00M | $98.00M | $89.00M |
| QoQ Change | — | +5.6% | -14.7% | -9.4% | +8.6% | -11.1% | -7.1% | -7.7% | +6.3% | -3.9% | -10.2% | +11.4% | -9.2% |
| YoY Change | — | — | — | — | -11.3% | -25.3% | -18.8% | -17.2% | -19.0% | -12.5% | -15.4% | +2.1% | -12.7% |
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Frequently Asked Questions
- What is Prudential Financial's life planner — less: reinsurance recoverable?
- Prudential Financial (PRU) reported life planner — less: reinsurance recoverable of $89.00M in Q4 2024.
- How has Prudential Financial's life planner — less: reinsurance recoverable changed year-over-year?
- Prudential Financial's life planner — less: reinsurance recoverable decreased by 12.7% year-over-year, from $102.00M to $89.00M.
- What is the long-term trend for Prudential Financial's life planner — less: reinsurance recoverable?
- Over 2 years (2022 to 2024), Prudential Financial's life planner — less: reinsurance recoverable has grown at a -15.3% compound annual growth rate (CAGR), from $520.00M to $373.00M.
- What does life planner — less: reinsurance recoverable mean?
- The amount of insurance liabilities covered by reinsurance agreements.