Discontinued — last reported Q4 '24
Products & Services · Effect of assumption update
Long - Term Care — Effect of assumption update
Prudential Financial Long - Term Care — Effect of assumption update increased by 103.6% to $14M in Q4 2024 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ4 2020
Last reportedQ4 2024Feb 12, 2026
How to read this metric
An increase represents a charge to earnings due to more conservative assumptions, while a decrease represents a benefit from more favorable experience or assumption revisions.
Detailed definition
This metric represents the financial impact resulting from revisions to actuarial assumptions used to estimate long-term...
Peer comparison
Commonly reported by life and health insurers as 'actuarial assumption updates' or 'reserve strengthening/release' within segment disclosures.
Metric ID:
pru_segment_long_term_care_effect_of_assumption_updateHistorical Data
4 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $49M | $357M | -$394M | $14M |
| QoQ Change | — | +628.6% | -210.4% | +103.6% |
| YoY Change | — | +628.6% | -210.4% | +103.6% |
Range-$394M – $357M
Avg YoY Growth+173.9%
Median YoY Growth+103.6%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Prudential Financial's long - term care — effect of assumption update?
- Prudential Financial (PRU) reported long - term care — effect of assumption update of $14M in Q4 2024.
- What does long - term care — effect of assumption update mean?
- The financial impact of changing the actuarial assumptions used to calculate long-term care insurance liabilities.