Discontinued — last reported Q4 '24
Prudential Financial Life Planner — Policyholder Account Balance, Interest Expense increased by 64.6% to $339.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 156.8%, from $132.00M to $339.00M. Over 2 years (FY 2021 to FY 2023), Life Planner — Policyholder Account Balance, Interest Expense shows an upward trend with a 17.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase reflects higher crediting rates to remain competitive or higher account balances.
This represents the specific interest credited to policyholder account balances during the period. It is the cost of pro...
Comparable to interest credited to policyholders at other life insurance and annuity providers.
pru_segment_life_planner_policyholder_account_balance_interest_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $127.75M | $127.75M | $127.75M | $24.00M | -$33.00M | $28.00M | $19.00M | $177.00M | $336.00M | $64.00M | $132.00M | $418.00M | $206.00M | $339.00M |
| QoQ Change | — | +0.0% | +0.0% | -81.2% | -237.5% | +184.8% | -32.1% | +831.6% | +89.8% | -81.0% | +106.3% | +216.7% | -50.7% | +64.6% |
| YoY Change | — | — | — | — | -125.8% | -78.1% | -85.1% | +637.5% | >999% | +128.6% | +594.7% | +136.2% | -38.7% | +156.8% |