Pruco Life Insurance
Pruco Life Insurance Company (the “Company”, “Pruco Life”, “we”, or “our”) is a wholly-owned subsidiary of The Prudential Insurance Company of America, (“Prudential Insurance”), which in turn is a direct wholly-owned subsidiary of Prudential Financial Inc. (“Prudential Financial”). See Note 1 to the Consolidated Financial Statements for additional information. Pruco Life has one wholly-owned insurance subsidiary, Pruco Life Insurance Company of New Jersey (“PLNJ”). Pruco Life and its subsidiary are together referred to as the "Company", "we" or "our" and all financial information is shown on a consolidated basis.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Calendar
12 May 21
2 Aug 21
31 Dec 21
Financial summary
Quarter (USD) |
Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 275.73M | 275.73M | 275.73M | 275.73M | 275.73M | 275.73M |
| Cash burn (monthly) | 50.42M | 23.3M | (positive/no burn) | (positive/no burn) | 49.09M | 40.94M |
| Cash used (since last report) | 206.55M | 95.46M | n/a | n/a | 201.09M | 167.72M |
| Cash remaining | 69.18M | 180.26M | n/a | n/a | 74.64M | 108.01M |
| Runway (months of cash) | 1.4 | 7.7 | n/a | n/a | 1.5 | 2.6 |
Financial report summary
?Management Discussion
- •Higher Policy charges and fee income due to increased variable life product sales and higher charges from the universal life product.
- •Higher Policy charges and fee income due to increased variable life sales and higher charges from universal life policies.
- •Higher Policyholders' benefits from an increase in reserves due to continued growth in retained products and higher mortality.
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. sophomore Avg
|
|
New words:
al, complaint, conclusion, cooperating, Doyle, expire, extended, formula, mathematical, pattern, PFI, rebounded, reinvestment, restructuring, run, static, Stone, strong, subpoena, TDR, thereof, troubled, whichever
Removed:
abrupt, accelerated, accommodate, accreted, Additionally, AFS, alternative, appraisal, assigned, aware, back, breakout, broad, cancel, carry, CECL, choosing, collateralizing, collectability, collected, collectively, commitment, comparing, computer, constrain, constrained, consumer, continuation, converted, cover, cycle, declining, deemed, defray, delaying, demand, depend, depreciation, detail, determine, developed, digital, disciplinary, discounted, discounting, disrupt, disruptive, dividend, downturn, EBITDA, emerge, enacted, entertainment, evolution, exacerbate, examined, Facilitation, fail, family, Finally, flexibility, fluctuate, forced, government, grant, hardship, harm, health, hybrid, identified, immaterial, impaired, impairment, implement, implicit, individually, influencing, insured, lead, led, lifestyle, liquidate, liquidation, longer, low, macro, main, maintained, maintaining, mandated, meant, media, mitigating, model, opening, operate, operational, optional, originally, originating, pace, parenthetically, payable, paying, PDI, programming, prominent, proposed, proposition, proprietary, prospective, prospectively, realize, reassessment, receive, recover, redeploying, refer, region, reinsurer, removed, representative, repriced, reputation, requesting, requiring, retail, reversed, sensitivity, serviced, small, solid, spending, stage, standard, stop, strain, substantial, suite, supportable, system, temporarily, testing, titled, transmissibility, trillion, uncollateralized, uncollectable, uncollectible, unemployment, unpaid, vendor, view, virulence, vulnerable, waive, waiving, widely, worsen
Financial reports
10-Q
2021 Q1
Quarterly report
12 May 21
10-K
2020 FY
Annual report
19 Mar 21
10-Q
2020 Q3
Quarterly report
12 Nov 20
10-Q
2020 Q2
Quarterly report
12 Aug 20
10-Q
2020 Q1
Quarterly report
14 May 20
10-K
2019 FY
Annual report
5 Mar 20
10-Q
2019 Q3
Quarterly report
13 Nov 19
10-Q
2019 Q2
Quarterly report
13 Aug 19
10-Q
2019 Q1
Quarterly report
9 May 19
10-K
2018 FY
Annual report
7 Mar 19
Current reports
8-K
Other Events
19 Sep 13
8-K
Other Events
1 Jul 13
8-K
Other Events
3 Jun 13
8-K
Other Events
1 Jan 13
8-K
Other Events
26 Sep 12
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
5 Jul 12
8-K
Other Events
16 Apr 09
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
6 Feb 06
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
13 Dec 04
8-K
Regulation FD Disclosure
14 May 03
Registration and prospectus
D/A
Indefinite amount in other securities
25 Jun 21
S-3
Shelf registration
10 Jun 21
S-3
Shelf registration
10 Jun 21
S-3/A
Shelf registration (amended)
15 Dec 20
S-3/A
Shelf registration (amended)
15 Dec 20
S-3/A
Shelf registration (amended)
15 Dec 20
424B3
Prospectus supplement
8 Dec 20
424B3
Prospectus supplement
27 Nov 20
424B3
Prospectus supplement
23 Nov 20
424B3
Prospectus supplement
9 Nov 20
Proxies
No filings
Other
EFFECT
Notice of effectiveness
23 Dec 20
EFFECT
Notice of effectiveness
23 Dec 20
EFFECT
Notice of effectiveness
23 Dec 20
CORRESP
Correspondence with SEC
10 Dec 20
EFFECT
Notice of effectiveness
2 Oct 17
EFFECT
Notice of effectiveness
2 Oct 17
EFFECT
Notice of effectiveness
2 Oct 17
EFFECT
Notice of effectiveness
2 Oct 17
CORRESP
Correspondence with SEC
11 Sep 17
CORRESP
Correspondence with SEC
28 Aug 17