Prudential Financial said that as of December 31, 2024, assets under management of the PGIM segment were $1.38 trillion, and for Q4 2024, PGIM's other related revenues, net of related expenses, were approximately $65 million.

1. 01

   Prudential Financial said that as of December 31, 2024, assets under management of the PGIM segment were $1.38 trillion, and for Q4 2024, PGIM's other related revenues, net of related expenses, were approximately $65 million.

2. 02

   The company said that for Q4 2024, the alternative investment income of the General Account, excluding the Closed Block Division and Funds Withheld portfolios, is estimated to be approximately $10 to $30 million above the company's near-term expectations.

3. 03

   Prudential Financial said it identified an error in the application of adjusted operating income for indexed variable and fixed annuity products within the Retirement Strategies segment, and has decided to revise its historical adjusted operating income, resulting in a decrease in after-tax adjusted operating income of $115 million or $0.31 per Common share for the 9 months ended September 30, 2024, and $24 million or $0.07 per Common share for the 9 months ended September 30, 2023.

Analysis scope · Filing body only (exhibits excluded)We analyzed the filing body only. The exhibits exceeded the length limit and were excluded, so figures, financial statements and presentation materials in them were not reviewed. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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