Discontinued — last reported Q4 '23
Variable/ Universal Life — Policyholder Account Balance, Gross
Prudential Financial Variable/ Universal Life — Policyholder Account Balance, Gross increased by 0.5% to $27.44B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.6%, from $26.49B to $27.44B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Growth in the gross balance generally signals successful sales and retention of insurance products, whereas a decline may indicate high surrender rates or reduced new business volume.
Detailed definition
This metric represents the total gross liability or account value held by the company for variable and universal life po...
Peer comparison
Standard metric across the insurance industry, often labeled as 'Gross Policy Liabilities' or 'Total Policyholder Account Values'.
pru_segment_variable_universal_life_policyholder_account_balance_grossHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $26.85B | $26.72B | $26.54B | $26.52B | $26.49B | $26.48B | $27.41B | $27.29B | $27.44B |
| QoQ Change | — | -0.5% | -0.7% | -0.1% | -0.1% | -0.1% | +3.5% | -0.4% | +0.5% |
| YoY Change | — | — | — | — | -1.3% | -0.9% | +3.3% | +2.9% | +3.6% |
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Frequently Asked Questions
- What is Prudential Financial's variable/ universal life — policyholder account balance, gross?
- Prudential Financial (PRU) reported variable/ universal life — policyholder account balance, gross of $27.44B in Q4 2023.
- How has Prudential Financial's variable/ universal life — policyholder account balance, gross changed year-over-year?
- Prudential Financial's variable/ universal life — policyholder account balance, gross increased by 3.6% year-over-year, from $26.49B to $27.44B.
- What does variable/ universal life — policyholder account balance, gross mean?
- The total value of policyholder accounts managed by the segment before accounting for any reinsurance offsets.