Discontinued — last reported Q4 '20
An increase in the net balance typically reflects growth in the underlying insurance business or a reduction in reinsurance coverage, while a decrease may indicate business contraction or increased risk transfer.
This metric represents the net liability or account balance for the variable and universal life segment after accounting...
Comparable to 'Net Policy Reserves' or 'Net Insurance Liabilities' found in the financial supplements of major life insurance peers.
pru_segment_variable_universal_life_total_balance_after_reinsurance_recoverable_eop