Tokyo Investor Day
INVESTMENT PORTFOLIO DIVERSIFIED BY CURRENCY,
SUPPORTING MULTI-CURRENCY PRODUCT OFFERINGS
Japan business is diversified by currency, reducing reliance on Yen investments.
New and recurring cash flows denominated in USD, JPY and AUD
Liabilities are supported by assets denominated in or hedged to same currency,
or part of overall equity hedging program.
Invested Assets (1) (2)
$167 billion
Reserves (1)(3)
$138 billion
1)
As of June 30, 2016.
Other
$10 (4)
JPY (5)
$107
USD
$50
Yen Equity Hedge
Program (USD)
Other
$10 (4)
USD
$32
JPY
$96
2) Invested assets presented on a U.S. GAAP carrying value basis. Includes a net unrealized gain of $31 billion and excludes cash & equivalents of $4 billion.
3) Insurance liability balances represent future policy benefits and policyholder account balances on a U.S. GAAP basis.
4) Primarily Australian dollar.
5) Includes approximately $5 billion of USD assets hedged to Yen.
Prudential
Tokyo Investor Day 9.15.2016
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