Business Segments · Separate account liabilities

Total — Separate account liabilities

Prudential Financial Total — Separate account liabilities decreased by 3.6% to $193.05B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.6%, from $191.87B to $193.05B. Over 3 years (FY 2022 to FY 2025), Total — Separate account liabilities shows relatively stable performance with a -3.1% CAGR.

Analysis

StatementSegment
CategoryMarket Position
SignalContext dependent
VolatilityModerate

How to read this metric

Growth in these liabilities generally reflects increased sales of investment-linked products and market appreciation of the underlying assets.

Detailed definition

Liabilities associated with investment products where the policyholder bears the investment risk, such as variable annui...

Peer comparison

Standard metric for life insurers offering variable annuities and retirement products.

Metric ID: pru_segment_total_separate_account_liabilities

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$281.52B$263.01B$208.73B$198.01B$201.32B$205.94B$203.75B$193.58B$202.03B$203.25B$200.20B$204.11B$196.94B$191.87B$198.53B$202.47B$200.30B$193.05B
QoQ Change-6.6%-20.6%-5.1%+1.7%+2.3%-1.1%-5.0%+4.4%+0.6%-1.5%+2.0%-3.5%-2.6%+3.5%+2.0%-1.1%-3.6%
YoY Change-28.5%-21.7%-2.4%-2.2%+0.4%-1.3%-1.7%+5.4%-2.5%-5.6%-0.8%-0.8%+1.7%+0.6%
Range$191.87B$281.52B
CAGR-8.5%
Avg YoY Growth-4.2%
Median YoY Growth-1.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is Prudential Financial's total — separate account liabilities?
Prudential Financial (PRU) reported total — separate account liabilities of $193.05B in Q1 2026.
How has Prudential Financial's total — separate account liabilities changed year-over-year?
Prudential Financial's total — separate account liabilities increased by 0.6% year-over-year, from $191.87B to $193.05B.
What is the long-term trend for Prudential Financial's total — separate account liabilities?
Over 3 years (2022 to 2025), Prudential Financial's total — separate account liabilities has grown at a -3.1% compound annual growth rate (CAGR), from $871.08B to $793.17B.
What does total — separate account liabilities mean?
Liabilities for investment products where the customer, not the company, takes the investment risk.