Prudential provides preliminary Q1 2026 data; alternative investment income shortfall; segment resegmentation

PRUDENTIAL FINANCIAL INC

PGIM assets under management as of March 31, 2026: $1.43 trillion.
PGIM other related revenues net of expenses ~$35M for Q1 2026 (adjusted operating income basis).
General Account alternative investment income estimated $75-95M below near-term expectations.
New segment structure effective Jan 1, 2026: U.S. Legacy Products, Retirement, and updated Individual Life; no impact on prior financials.

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