Prudential Financial Variable Universal Life — Capitalization decreased by 22.1% to $169.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $157.00M to $169.00M. Over 4 years (FY 2021 to FY 2025), Variable Universal Life — Capitalization shows relatively stable performance with a 2.1% CAGR.
Higher capitalization levels provide a greater buffer against adverse experience but may reduce overall return on equity.
This refers to the allocation of capital resources specifically dedicated to supporting the variable universal life busi...
Comparable to 'segment capital allocation' or 'required capital' reported by diversified financial institutions.
pru_segment_variable_universal_life_capitalization| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $170.50M | $170.50M | $170.50M | $141.00M | $134.00M | $138.00M | $143.00M | $142.00M | $149.00M | $145.00M | $172.00M | $151.00M | $187.00M | $179.00M | $217.00M | $157.00M | $169.00M | $197.00M | $217.00M | $169.00M |
| QoQ Change | — | +0.0% | +0.0% | -17.3% | -5.0% | +3.0% | +3.6% | -0.7% | +4.9% | -2.7% | +18.6% | -12.2% | +23.8% | -4.3% | +21.2% | -27.6% | +7.6% | +16.6% | +10.2% | -22.1% |
| YoY Change | — | — | — | — | -21.4% | -19.1% | -16.1% | +0.7% | +11.2% | +5.1% | +20.3% | +6.3% | +25.5% | +23.4% | +26.2% | +4.0% | -9.6% | +10.1% | +0.0% | +7.6% |