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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
REVENUES      
Premiums (includes $2,301, $(2,690) and $6,978 of gains (losses) from changes in estimates on deferred profit liability amortization for the years ended December 31, 2025, 2024, and 2023, respectively) $ 547,201 $ 393,127 $ 328,897
Policy charges and fee income 1,707,338 7,382,797 1,536,606
Net investment income 3,210,522 2,422,017 1,675,522
Asset administration fees 205,332 223,563 232,950
Other Income (loss) 2,261,776 759,756 751,363
Realized investment gains (losses), net (1,430,425) 451,417 (1,147,099)
Change in value of market risk benefits, net of related hedging gain (losses) (506,994) (433,955) (106,773)
TOTAL REVENUES 5,994,750 11,198,722 3,271,466
BENEFITS AND EXPENSES      
Policyholders’ benefits 779,722 8,352,333 503,789
Changes in estimates of liability for future policy benefits (79,505) (20,643) 3,952
Interest credited to policyholders’ account balances 1,177,660 1,037,731 621,645
Amortization of deferred policy acquisition costs 663,527 (372,201) 539,510
General, administrative and other expense 1,186,839 1,228,443 1,124,923
TOTAL BENEFITS AND EXPENSES 3,728,243 10,225,663 2,793,819
INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF SUBSIDIARIES AND OPERATING JOINT VENTURE 2,266,507 973,059 477,647
Income tax expense (benefit) 420,583 135,149 26,468
INCOME (LOSS) FROM OPERATIONS BEFORE EQUITY IN EARNINGS OF OPERATING JOINT VENTURE 1,845,924 837,910 451,179
Equity in earnings of operating joint venture, net of taxes (335) (425) (433)
Net income (loss) 1,845,589 837,485 450,746
Less: Income (loss) attributable to noncontrolling interests 13,273 13,495 488
NET INCOME (LOSS) ATTRIBUTABLE TO PRUCO LIFE INSURANCE COMPANY 1,832,316 823,990 450,258
Other comprehensive income (loss), before tax:      
Foreign currency translation adjustments 3,326 (4,595) 2,419
Net unrealized investment gains (losses) 995,445 (335,093) 691,952
Interest rate remeasurement of future policy benefits (40,022) 58,676 (60,978)
Gain (loss) from changes in non-performance risk on market risk benefits (185,092) (441,138) (659,927)
Total 773,657 (722,150) (26,534)
Less: Income tax expense (benefit) related to other comprehensive income (loss) 162,925 (151,234) (5,638)
Other comprehensive income (loss), net of tax 610,732 (570,916) (20,896)
Comprehensive income (loss) 2,456,321 266,569 429,850
Less: Comprehensive income (loss) attributable to noncontrolling interests 13,273 13,495 488
Comprehensive income (loss) attributable to Pruco Life Insurance Company $ 2,443,048 $ 253,074 $ 429,362