Discontinued — last reported Q3 '24
Business Segments · Unearned revenue reserve net of reinsurance recoverables
Other Businesses — Unearned revenue reserve net of reinsurance recoverables
Prudential Financial Other Businesses — Unearned revenue reserve net of reinsurance recoverables increased by 5.7% to $56.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 12.0%, from $50.00M to $56.00M.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ3 2024
How to read this metric
A decrease in this net figure relative to the gross reserve indicates higher reliance on reinsurance, whereas an increase suggests the company is retaining more underwriting risk.
Detailed definition
This metric measures the net liability for unearned revenue after accounting for the portion covered by reinsurance agre...
Peer comparison
Comparable to net unearned premium reserves or net deferred revenue liabilities found in the financial disclosures of major life and annuity insurers.
Metric ID:
pru_segment_other_businesses_unearned_revenue_reserve_net_of_reinsurance_recoverablesHistorical Data
9 periods
| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $38.00M | $51.00M | $53.00M | $47.00M | $50.00M | $49.00M | $51.00M | $53.00M | $56.00M |
| QoQ Change | — | +34.2% | +3.9% | -11.3% | +6.4% | -2.0% | +4.1% | +3.9% | +5.7% |
| YoY Change | — | +34.2% | — | — | — | -3.9% | -3.8% | +12.8% | +12.0% |
Range$38.00M – $56.00M
CAGR+21.4%
Avg YoY Growth+10.3%
Median YoY Growth+12.0%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Prudential Financial's other businesses — unearned revenue reserve net of reinsurance recoverables?
- Prudential Financial (PRU) reported other businesses — unearned revenue reserve net of reinsurance recoverables of $56.00M in Q3 2024.
- How has Prudential Financial's other businesses — unearned revenue reserve net of reinsurance recoverables changed year-over-year?
- Prudential Financial's other businesses — unearned revenue reserve net of reinsurance recoverables increased by 12.0% year-over-year, from $50.00M to $56.00M.
- What does other businesses — unearned revenue reserve net of reinsurance recoverables mean?
- The portion of advance payments held as a liability that the company is directly responsible for after accounting for reinsurance support.