Discontinued — last reported Q4 '24
Business Segments · Effect of assumption update
Total — Effect of assumption update
Prudential Financial Total — Effect of assumption update increased by 21.8% to -$1.07B in Q4 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalHigher is better
VolatilityVolatile
First reportedQ4 2020
Last reportedQ4 2024Feb 12, 2026
How to read this metric
Positive impacts suggest that updated assumptions reduced the required reserve levels, while negative impacts suggest a need to increase reserves.
Detailed definition
The financial impact resulting from revisions to actuarial assumptions, such as mortality, morbidity, lapse rates, or in...
Peer comparison
Standard actuarial adjustment metric used by life and annuity insurers to reflect model refinements.
Metric ID:
pru_segment_total_effect_of_assumption_updateHistorical Data
4 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $1.36B | -$744M | -$1.37B | -$1.07B |
| QoQ Change | — | -154.7% | -83.7% | +21.8% |
| YoY Change | — | -154.7% | -83.7% | +21.8% |
Range-$1.37B – $1.36B
Avg YoY Growth-72.2%
Median YoY Growth-83.7%
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Frequently Asked Questions
- What is Prudential Financial's total — effect of assumption update?
- Prudential Financial (PRU) reported total — effect of assumption update of -$1.07B in Q4 2024.
- What does total — effect of assumption update mean?
- The change in financial results caused by updating actuarial models and assumptions.