Discontinued — last reported Q4 '24
Life Planner — Policyholder Account Balance, Surrender and Withdrawal
Prudential Financial Life Planner — Policyholder Account Balance, Surrender and Withdrawal increased by 554.5% to $576.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 786.2%, from $65.00M to $576.00M. Over 3 years (FY 2021 to FY 2024), Life Planner — Policyholder Account Balance, Surrender and Withdrawal shows an upward trend with a 54.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Lower surrender rates are generally better as they indicate higher customer retention and long-term stability.
Detailed definition
This represents the total outflows from policyholder account balances due to customer surrenders, partial withdrawals, o...
Peer comparison
Standard lapse or surrender rate metric used across the life insurance and annuity industry.
pru_segment_life_planner_policyholder_account_balance_surrender_and_withdrawalHistorical Data
| 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 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $55.50M | $55.50M | $55.50M | $50.00M | $50.00M | $43.00M | $67.00M | $51.00M | $45.00M | $57.00M | $65.00M | $76.00M | $77.00M | $88.00M | $576.00M |
| QoQ Change | — | +0.0% | +0.0% | -9.9% | +0.0% | -14.0% | +55.8% | -23.9% | -11.8% | +26.7% | +14.0% | +16.9% | +1.3% | +14.3% | +554.5% |
| YoY Change | — | — | — | — | -9.9% | -22.5% | +20.7% | +2.0% | -10.0% | +32.6% | -3.0% | +49.0% | +71.1% | +54.4% | +786.2% |
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Frequently Asked Questions
- What is Prudential Financial's life planner — policyholder account balance, surrender and withdrawal?
- Prudential Financial (PRU) reported life planner — policyholder account balance, surrender and withdrawal of $576.00M in Q4 2024.
- How has Prudential Financial's life planner — policyholder account balance, surrender and withdrawal changed year-over-year?
- Prudential Financial's life planner — policyholder account balance, surrender and withdrawal increased by 786.2% year-over-year, from $65.00M to $576.00M.
- What is the long-term trend for Prudential Financial's life planner — policyholder account balance, surrender and withdrawal?
- Over 3 years (2021 to 2024), Prudential Financial's life planner — policyholder account balance, surrender and withdrawal has grown at a 54.4% compound annual growth rate (CAGR), from $222.00M to $817.00M.
- What does life planner — policyholder account balance, surrender and withdrawal mean?
- The amount of money withdrawn or removed by customers from their insurance accounts.