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Schedule III - Supplementary Insurance Information
12 Months Ended
Dec. 31, 2023
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]  
Schedule III - Supplementary Insurance Information
PRUDENTIAL FINANCIAL, INC.
Schedule III
Supplementary Insurance Information
As of and for the Year Ended December 31, 2023
(in millions)
 
SegmentDeferred
Policy
Acquisition
Costs
Future
Policy
Benefits,
Losses,
Claims
Expenses
Unearned
Premiums
Other Policy 
Claims and
Benefits
Payable
Premiums,
Policy
Charges
and Fee
Income
Net
Investment
Income
Benefits,
Claims,
Losses
and
Settlement
Expenses
Amortization
of
DAC
Other
Operating
Expenses
PGIM$$$$$$268 $$$2,937 
U.S. Businesses:
Institutional Retirement Strategies139 75,431 17,520 6,375 4,161 9,209 10 210 
Individual Retirement Strategies3,881 1,229 30,860 1,335 1,453 713 387 1,663 
Retirement Strategies4,020 76,660 48,380 7,710 5,614 9,922 397 1,873 
Group Insurance137 5,348 251 5,342 5,699 517 4,869 1,088 
Individual Life7,600 24,748 32,266 3,180 2,879 4,152 456 1,590 
Total U.S. Businesses11,757 106,756 251 85,988 16,589 9,010 18,943 862 4,551 
Life Planner
4,909 55,079 13,308 7,000 2,339 6,555 306 1,101 
Gibraltar Life and Other
4,442 58,349 71 38,663 6,231 2,942 5,970 316 1,387 
International Businesses9,351 113,428 73 51,971 13,231 5,281 12,525 622 2,488 
Corporate and Other(420)9,186 4,594 396 1,347 1,035 (40)2,880 
Total PFI excluding Closed Block division20,688 229,370 324 142,553 30,216 15,906 32,503 1,446 12,856 
Closed Block division168 43,587 5,940 1,675 1,959 3,480 13 272 
Total$20,856 $272,957 $324 $148,493 $31,891 $17,865 $35,983 $1,459 $13,128 
PRUDENTIAL FINANCIAL, INC.
Schedule III
Supplementary Insurance Information
As of and for the Year Ended December 31, 2022
(in millions)
 
SegmentDeferred
Policy
Acquisition
Costs
Future
Policy
Benefits,
Losses,
Claims
Expenses
Unearned
Premiums
Other Policy
Claims and
Benefits
Payable
Premiums,
Policy
Charges
and Fee
Income
Net
Investment
Income
Benefits,
Claims,
Losses
and
Settlement
Expenses
Amortization of
DAC
Other
Operating
Expenses
PGIM$$$$$$94 $$$2,791 
U.S. Businesses:
Institutional Retirement Strategies95 70,690 17,159 15,072 3,643 18,111 220 
Individual Retirement Strategies
4,282 1,232 22,168 1,605 924 577 409 1,654 
Retirement Strategies4,377 71,922 39,327 16,677 4,567 18,688 412 1,874 
Group Insurance143 5,408 249 5,882 5,556 482 5,068 1,061 
Individual Life7,289 22,369 30,724 2,926 2,461 4,138 447 1,546 
Total U.S. Businesses11,809 99,699 249 75,933 25,159 7,510 27,894 861 4,481 
Life Planner
4,710 51,793 11,400 7,127 2,130 6,038 296 1,119 
Gibraltar Life and Other
4,231 57,148 76 35,536 6,717 2,840 6,281 300 1,450 
International Businesses8,941 108,941 77 46,936 13,844 4,970 12,319 596 2,569 
Corporate and Other(1)
(385)8,392 8,225 388 1,487 331 (41)3,340 
Total PFI excluding Closed Block division20,365 217,032 327 131,094 39,391 14,061 40,544 1,419 13,181 
Closed Block division181 44,414 5,224 1,699 1,976 2,663 14 298 
Total$20,546 $261,446 $327 $136,318 $41,090 $16,037 $43,207 $1,433 $13,479 
PRUDENTIAL FINANCIAL, INC.
Schedule III
Supplementary Insurance Information
As of and for the Year Ended December 31, 2021
(in millions)
 
SegmentDeferred
Policy
Acquisition
Costs
Future
Policy
Benefits,
Losses,
Claims
Expenses
Unearned
Premiums
Other Policy
Claims and
Benefits
Payable
Premiums,
Policy
Charges 
and Fee
Income
Net
Investment
Income
Benefits,
Claims, 
Losses
and
Settlement
Expenses
Amortization of
DAC
Other
Operating
Expenses
PGIM$$$$$$157 $$$2,772 
U.S. Businesses:
Institutional Retirement Strategies
82 79,388 16,561 11,075 3,946 13,447 215 
Individual Retirement Strategies(2)
3,854 1,523 7,028 2,184 929 547 418 1,814 
Retirement Strategies3,936 80,911 23,589 13,259 4,875 13,994 426 2,029 
Group Insurance142 5,600 254 6,306 5,582 513 5,649 1,013 
Individual Life7,049 23,972 30,482 3,018 2,533 3,771 446 1,518 
Total U.S. Businesses11,127 110,483 254 60,377 21,859 7,921 23,414 881 4,560 
Life Planner
4,685 73,173 11,732 7,611 2,264 7,079 306 1,117 
Gibraltar Life and Other
4,136 82,454 86 37,838 7,295 3,135 7,050 310 1,630 
International Businesses8,821 155,627 87 49,570 14,906 5,399 14,129 616 2,747 
Corporate and Other(1)(3)
(381)12,904 8,446 829 2,310 1,288 (35)4,279 
Total PFI excluding Closed Block division19,567 279,014 342 118,393 37,594 15,787 38,831 1,468 14,358 
Closed Block division196 45,586 13,380 1,789 2,500 5,465 14 311 
Total$19,763 $324,600 $342 $131,773 $39,383 $18,287 $44,296 $1,482 $14,669 
__________
(1)Effective January 1, 2023, Assurance IQ no longer represents a separately reportable segment and is now included within Corporate and Other operations. Prior period amounts have been reclassified to conform to current period presentation.
(2)Includes reclassification of “Assets held-for-sale” for Deferred Policy Acquisition Costs of $(1,097) million and “Liabilities held-for-sale” for Future Policy Benefits, Losses, Claims, Expenses of $(4,505) million, and Other Policy Claims and Benefits Payable of $(11,750) million. The sale was completed in the second quarter of 2022.
(3)Includes reclassification of “Assets held-for sale” for Deferred Policy Acquisition Costs of $(100) million and “Liabilities held-for-sale” for Future Policy Benefits, Losses, Claims, Expenses of $(157) million, and Other Policy Claims and Benefits Payable of $(28,164) million. The sale was completed in the second quarter of 2022.