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Prudential Financial logoPrudential Financial PRU

Prudential Financial said that as of June 30, 2025, assets under management of the PGIM segment were $1.44 trillion.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Prudential Financial said that as of June 30, 2025, assets under management of the PGIM segment were $1.44 trillion.

  2. The company said that for the quarter ended June 30, 2025, PGIM's other related revenues, net of related expenses, were approximately $50 million on an adjusted operating income basis.

  3. Prudential Financial said that for the quarter ended June 30, 2025, the alternative investment income of the General Account, excluding the Closed Block Division and Funds Withheld portfolios, is estimated to be approximately $55 to $75 million below the company's near-term expectations.

  4. The company said it expects the annual review and update of actuarial assumptions to result in adjusted operating income impacts of $(80) million one-time and $(20) million ongoing quarterly for Individual Retirement Strategies, $(30) million one-time for Institutional Retirement Strategies, and $60 million one-time for Individual Life.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

PGIM Segment Assets Under Management $1.44 trillion

Prudential Financial said that as of June 30, 2025, assets under management of the PGIM segment were $1.44 trillion.

Source · Based on the filing body and exhibits

PGIM Other Related Revenues Approximately $50 million

The company said that for the quarter ended June 30, 2025, PGIM's other related revenues, net of related expenses, were approximately $50 million on an adjusted operating income basis.

Source · Based on the filing body and exhibits

General Account Alternative Investment Income Estimate

Prudential Financial said that for the quarter ended June 30, 2025, the alternative investment income of the General Account, excluding the Closed Block Division and Funds Withheld portfolios, is estimated to be approximately $55 to $75 million below the company's near-term expectations.

Source · Based on the filing body and exhibits

Actuarial Assumptions Update AOI Impact

The company said it expects the annual review and update of actuarial assumptions to result in adjusted operating income impacts of $(80) million one-time and $(20) million ongoing quarterly for Individual Retirement Strategies, $(30) million one-time for Institutional Retirement Strategies, and $60 million one-time for Individual Life.

Source · Based on the filing body and exhibits

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.