Discontinued — last reported Q4 '25
Prudential Financial Variable Annuity — Issuances remained flat by 0.0% to $14.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 18.1%, from $18.00M to $14.75M. Over 2 years (FY 2023 to FY 2025), Variable Annuity — Issuances shows an upward trend with a 60.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates higher sales volume of new variable annuity products, while a decrease suggests lower new business production.
This metric represents the change in the valuation of Market Risk Benefits (MRBs) directly attributable to the issuance...
Similar to 'New Business Premiums' or 'New Business Value' reported by other life insurance and annuity providers.
pru_segment_variable_annuity_issuances| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | $23.00M | $72.00M | $59.00M |
| YoY Change | — | +213.0% | -18.1% |