Item 6. EXHIBITS
12K characters. Original on sec.gov ·
Item 6. EXHIBITS
EXHIBIT INDEX
| 101.INS - XBRL | Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. | ||||
| 101.SCH - XBRL | Taxonomy Extension Schema Document. | ||||
| 101.CAL - XBRL | Taxonomy Extension Calculation Linkbase Document. | ||||
| 101.LAB - XBRL | Taxonomy Extension Label Linkbase Document. | ||||
| 101.PRE - XBRL | Taxonomy Extension Presentation Linkbase Document. | ||||
| 101.DEF - XBRL | Taxonomy Extension Definition Linkbase Document. | ||||
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |
GLOSSARY
Throughout this Quarterly Report on Form 10-Q, the Company may use certain abbreviations, acronyms and terms which are defined below.
| Prudential Entities | ||||||||||||||
| AIQ | Assurance IQ / Assurance IQ LLC | PLNJ | Pruco Life Insurance Company of New Jersey | |||||||||||
| Company | Prudential Financial, Inc. and its subsidiaries | Pruco Life | Pruco Life Insurance Company | |||||||||||
| PFI | Prudential Financial, Inc. and its subsidiaries | Prudential | Prudential Financial, Inc. and its subsidiaries | |||||||||||
| PGFL | Prudential Gibraltar Financial Life Insurance Co., Ltd. | Prudential Financial | Prudential Financial, Inc. | |||||||||||
| PGIM | The global investment management business of Prudential Financial, Inc. | Prudential Funding | Prudential Funding, LLC | |||||||||||
| PGIMW | PGIM Wadhwani LLP | Prudential Insurance/PICA | The Prudential Insurance Company of America | |||||||||||
| PIIH | Prudential International Insurance Holdings, Ltd. | Prudential of Japan | The Prudential Life Insurance Company, Ltd. | |||||||||||
| PLIC | Prudential Legacy Insurance Company of New Jersey | Registrant | Prudential Financial, Inc. |
| Defined Terms | ||||||||||||||
| Allstate | The Allstate Corporation | Inflation Reduction Act | The Inflation Reduction Act of 2022 | |||||||||||
| AuguStar | AuguStar Life Insurance Company, formerly known as The Ohio National Life Insurance Company | Moody's | Moody's Investors Service, Inc. | |||||||||||
| Board | Prudential Financial's Board of Directors | Morningstar | Morningstar, Inc. | |||||||||||
| Closed Block | Certain in-force participating insurance policies and annuity products, along with corresponding assets used for the payment of benefits and policyholders' dividends on these products | Other Postretirement Benefits | Certain health care and life insurance benefits provided by the Company for its retired employees, their beneficiaries and covered dependents | |||||||||||
| Credit-Linked Note Structures | Agreements with external counterparties providing for the issuance of surplus notes by our captive reinsurers in return for the receipt of credit-linked notes | Pension Benefits | Funded and non-funded non-contributory defined benefit pension plans which cover substantially all of the Company’s employees | |||||||||||
| Deerpath | Deerpath Capital Management, LP | Prismic | Prismic Life Holding Company LP | |||||||||||
| Exchange Act | The Securities Exchange Act of 1934 | Prismic Re | Prismic Life Reinsurance, Ltd. | |||||||||||
| Farmer Mac | Federal Agricultural Mortgage Corporation | Regulation XXX | Valuation of Life Insurance Policies Model Regulation | |||||||||||
| Fitch | Fitch Ratings Inc. | S&P | Standard & Poor's Rating Services | |||||||||||
| Fortitude | Fortitude Group Holdings, LLC | Somerset Re | Somerset Reinsurance Ltd. | |||||||||||
| Funds Withheld | Assets the Company retains the legal ownership of under certain reinsurance arrangements | Talcott Resolution | Talcott Resolution Life Insurance Company | |||||||||||
| Great-West | Great-West Life & Annuity Insurance Company | U.S. GAAP | Generally accepted accounting principles in the United States of America | |||||||||||
| Guideline AXXX | The Application of the Valuation of Life Insurance Policies Model Regulation | Union Hamilton | Union Hamilton Reinsurance, Ltd. | |||||||||||
| Hartford Financial | Hartford Financial Services Group, Inc. |
| Acronyms | ||||||||||||||
| ACL | Allowance for Credit Losses | MD&A | Management's Discussion and Analysis of Financial Condition and Results of Operations | |||||||||||
| AIR | Additional Insurance Reserves | MRBs | Market Risk Benefits | |||||||||||
| ALM | Asset Liability Management | NAIC | National Association of Insurance Commissioners | |||||||||||
| AOCI | Accumulated Other Comprehensive Income (Loss) | NAV | Net Asset Value | |||||||||||
| ASC | Accounting Standards Codification | NJDOBI | New Jersey Department of Banking and Insurance | |||||||||||
| ASU | Accounting Standards Update | NPR | Non-Performance Risk | |||||||||||
| AUD | Australian Dollar | OCI | Other Comprehensive Income (Loss) | |||||||||||
| bps | Basis Points | OTC | Over-The-Counter | |||||||||||
| CAMT | Corporate Alternative Minimum Tax | OTTI | Other-Than-Temporary Impairments | |||||||||||
| CECL | Current Expected Credit Loss | PALAC | Prudential Annuities Life Assurance Corporation | |||||||||||
| CLO | Collateralized Loan Obligations | PDI | Prudential Defined Income | |||||||||||
| DAC | Deferred Policy Acquisition Costs | PHJ | Prudential Holdings of Japan, Inc. | |||||||||||
| DOL | U.S. Department of Labor | POA | Prudential of Argentina | |||||||||||
| DPL | Deferred Profit Liability | POT | The Prudential Life Insurance Company of Taiwan Inc. | |||||||||||
| DSI | Deferred Sales Inducements | PRIAC | Prudential Retirement Insurance and Annuity Company | |||||||||||
| EBITDA | Earnings Before Interest, Taxes, Depreciation and Amortization | PTE | Prohibited Transaction Class Exemptions | |||||||||||
| FANIP | Funding Agreement Notes Issuance Program | RAF | Risk Appetite Framework | |||||||||||
| FASB | Financial Accounting Standards Board | RBC | Risk-Based Capital | |||||||||||
| FHLBNY | Federal Home Loan Bank of New York | SEC | Securities and Exchange Commission | |||||||||||
| FLIAC | Fortitude Life Insurance and Annuity Company | SOFR | Secured Overnight Financing Rate | |||||||||||
| FSA | Financial Services Agency (an agency of the Japanese government) | SVO | Securities Valuation Office | |||||||||||
| GICs | Guaranteed Investment Contracts | TBA | To-Be-Announced | |||||||||||
| GILTI | Global Intangible Low-Taxed Income | TDR | Troubled Debt Restructuring | |||||||||||
| GMDB | Guaranteed Minimum Death Benefits | U.S. | The United States of America | |||||||||||
| GMIB | Guaranteed Minimum Income Benefits | URR | Unearned Revenue Reserve | |||||||||||
| HDI | Highest Daily Lifetime Income | USD | U.S. Dollar | |||||||||||
| IRA | Individual Retirement Account | VIEs | Variable Interest Entities | |||||||||||
| LPs/LLCs | Limited Partnerships and Limited Liability Companies | VOBA | Value of Business Acquired |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Prudential Financial, Inc. | |||||||||||
| By: | /S/ YANELA C. FRIAS | ||||||||||
| Yanela C. Frias Executive Vice President and Chief Financial Officer (Authorized signatory and principal financial officer) |
Date: October 31, 2024
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