Tokyo Investor Day
HYPOTHETICAL IMPACT OF INTEREST RATES ON EARNINGS
ASSUMING RATES STAY AT 6/30/16 LEVELS
($ millions)
Estimated Negative Impact of Flat Rates on
International Insurance Pre-tax AOI (1)
$(45)
2017
$(130)
2018
$(200)
2019
Cumulative annual impact if rates stay at current levels
through 2019 is modest, ~(200) million pre-tax
1) Assumes profit drivers including mortality, persistency, expenses, and other assumptions, and mix of investments purchased, consistent with our base
projection, with yields unchanged from June 30, 2016. Impact only from pro-forma investment income decline; excludes potential impact of U.S. GAAP
unlockings of deferred policy acquisition costs and related items.
Prudential
Tokyo Investor Day 9.15.2016
CoView entire presentation