Discontinued — last reported Q3 '24

Business Segments · Unearned revenue reserve net of reinsurance recoverables

Total — Unearned revenue reserve net of reinsurance recoverables

Prudential Financial Total — Unearned revenue reserve net of reinsurance recoverables increased by 4.5% to $5.18B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 7.0%, from $4.84B to $5.18B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ4 2021
Last reportedQ3 2024

How to read this metric

A stable or growing net reserve indicates consistent business volume and effective risk management.

Detailed definition

The net reserve for unearned revenue after subtracting the portion of that reserve that is ceded to reinsurers. This ref...

Peer comparison

Commonly used to assess net unearned premium reserves in insurance financial reporting.

Metric ID: pru_segment_total_unearned_revenue_reserve_net_of_reinsurance_recoverables

Historical Data

9 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$3.61B$4.30B$4.49B$4.66B$4.84B$5.07B$4.85B$4.96B$5.18B
QoQ Change+19.1%+4.6%+3.8%+3.9%+4.6%-4.4%+2.4%+4.5%
YoY Change+19.1%+18.0%+7.9%+6.4%+7.0%
Range$3.61B$5.18B
CAGR+19.9%
Avg YoY Growth+11.7%
Median YoY Growth+7.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Prudential Financial's total — unearned revenue reserve net of reinsurance recoverables?
Prudential Financial (PRU) reported total — unearned revenue reserve net of reinsurance recoverables of $5.18B in Q3 2024.
How has Prudential Financial's total — unearned revenue reserve net of reinsurance recoverables changed year-over-year?
Prudential Financial's total — unearned revenue reserve net of reinsurance recoverables increased by 7.0% year-over-year, from $4.84B to $5.18B.
What does total — unearned revenue reserve net of reinsurance recoverables mean?
The net amount of unearned revenue the company is responsible for after reinsurance offsets.