Discontinued — last reported Q4 '25

Products & Services · Less: Reinsured MRBs

Variable Annuity — Less: Reinsured MRBs

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.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2023
Last reportedQ4 2025

How to read this metric

An increase suggests a higher reliance on reinsurance to manage risk, potentially lowering net capital requirements.

Detailed definition

This metric represents the portion of Market Risk Benefit liabilities that have been transferred to third-party reinsure...

Peer comparison

Similar to 'Reinsurance Recoverables' or 'Ceded Liabilities' reported by other insurance firms with significant annuity portfolios.

Metric ID: pru_segment_variable_annuity_less_reinsured_mrbs

Historical Data

7 periods
 Q4 '23Q2 '24Q3 '24Q4 '24Q2 '25Q3 '25Q4 '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%
Range$616.00M$804.00M
CAGR+19.4%
Avg YoY Growth+15.9%
Median YoY Growth+17.3%

Frequently Asked Questions

What is Prudential Financial's variable annuity — less: reinsured mrbs?
Prudential Financial (PRU) reported variable annuity — less: reinsured mrbs of $804.00M in Q4 2025.
How has Prudential Financial's variable annuity — less: reinsured mrbs changed year-over-year?
Prudential Financial's variable annuity — less: reinsured mrbs increased by 22.9% year-over-year, from $654.00M to $804.00M.
What does variable annuity — less: reinsured mrbs mean?
The value of Market Risk Benefit liabilities that are covered by reinsurance agreements.