Discontinued — last reported Q4 '24
Products & Services · Weighted-average crediting rate
Life Planner — Weighted-average crediting rate
Prudential Financial Life Planner — Weighted-average crediting rate increased by 27.0% to 6.7% in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 13.4%, from 5.9% to 6.7%. Over 2 years (FY 2022 to FY 2024), Life Planner — Weighted-average crediting rate shows an upward trend with a 182.7% CAGR.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ4 2024Feb 13, 2025
Rolls up toPolicyholder account balances
How to read this metric
A higher rate increases policyholder attractiveness but compresses the net interest margin for the insurer.
Detailed definition
The average interest rate applied to policyholder account balances, representing the cost of funds for the insurer. This...
Peer comparison
Commonly disclosed as 'Crediting Rate' or 'Cost of Funds' in annuity and universal life product supplements.
Metric ID:
pru_segment_life_planner_weighted_average_crediting_rateHistorical Data
13 periods
| 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 | 4.5% | 0.9% | -0.2% | 0.2% | 3.4% | 6.2% | 9% | 6.7% | 5.9% | 12.9% | 9.8% | 5.3% | 6.7% |
| QoQ Change | — | -80.9% | -120.0% | +235.3% | >999% | +81.5% | +45.1% | -25.2% | -12.5% | +118.7% | -24.2% | -46.2% | +27.0% |
| YoY Change | — | — | — | — | -23.5% | +628.2% | >999% | >999% | +72.4% | +107.8% | +8.6% | -21.9% | +13.4% |
Range-0.2% – 12.9%
CAGR+14.4%
Avg YoY Growth+998.8%
Median YoY Growth+72.4%
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Frequently Asked Questions
- What is Prudential Financial's life planner — weighted-average crediting rate?
- Prudential Financial (PRU) reported life planner — weighted-average crediting rate of 6.7% in Q4 2024.
- How has Prudential Financial's life planner — weighted-average crediting rate changed year-over-year?
- Prudential Financial's life planner — weighted-average crediting rate increased by 13.4% year-over-year, from 5.9% to 6.7%.
- What is the long-term trend for Prudential Financial's life planner — weighted-average crediting rate?
- Over 2 years (2022 to 2024), Prudential Financial's life planner — weighted-average crediting rate has grown at a 182.7% compound annual growth rate (CAGR), from 4.3% to 34.5%.
- What does life planner — weighted-average crediting rate mean?
- The average interest rate paid to policyholders on their account balances.