Discontinued — last reported Q4 '25
Prudential Financial Variable Annuity — Less: Reinsured MRBs increased by 5.2% to $804.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 22.9%, from $654.00M to $804.00M.
An increase suggests a higher reliance on reinsurance to manage risk, potentially lowering net capital requirements.
This metric represents the portion of Market Risk Benefit liabilities that have been transferred to third-party reinsure...
Similar to 'Reinsurance Recoverables' or 'Ceded Liabilities' reported by other insurance firms with significant annuity portfolios.
pru_segment_variable_annuity_less_reinsured_mrbs| Q4 '23 | Q2 '24 | Q3 '24 | Q4 '24 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|
| Value | $616.00M | $635.00M | $681.00M | $654.00M | $777.00M | $764.00M | $804.00M |
| QoQ Change | — | +3.1% | +7.2% | -4.0% | +18.8% | -1.7% | +5.2% |
| YoY Change | — | — | — | +6.2% | +22.4% | +12.2% | +22.9% |