Prudential Financial’s Gibraltar Life: Adjusted Operating Income
The adjusted operating income for Prudential Financial’s (PRU) Gibraltar Life and other operations was $1.7 billion in 2017 compared to $1.6 billion in 2016. If the impact of both items is not considered, then adjusted operating income for Gibraltar Life and other operations rose $80 million in 2017 YoY, mainly due to positive momentum in the business. Gibraltar Life and other operations generated revenues of $10.9 billion in 2017 compared to $11 billion in 2016.