Quarterly
Annual
| Unit: USD | 2022-09-30 | 2020-03-31 |
|---|---|---|
commissions and other incomes | 440,000,000 | 102,000,000 |
commissions: | ||
deferrable | 1,000,000 | 171,000,000 |
non-deferrable | 19,000,000 | 140,000,000 |
general and administrative expenses | 79,000,000 | 111,000,000 |
taxes, licenses and fees | 3,000,000 | 10,000,000 |
total expenses incurred | 102,000,000 | |
dac deferrals | -6,000,000 | -191,000,000 |
total expenses recognized before amortization | 96,000,000 | |
dac and voba amortization, net of interest: | ||
amortization, net of interest, excluding unlocking | 5,000,000 | |
unlocking | -7,000,000 | |
total commissions and other incomes | 94,000,000 | |
as a percentage of annuity sales/deposits | 500,000 | |
operating revenues | ||
insurance premiums | 289,000,000 | |
fee income | 876,000,000 | 61,000,000 |
net investment income | 586,000,000 | 229,000,000 |
operating realized gain | -3,000,000 | |
amortization of deferred gain on | ||
business sold through reinsurance | 12,000,000 | |
other revenues | 2,000,000 | 7,000,000 |
total operating revenues | 1,762,000,000 | 297,000,000 |
operating expenses | ||
interest credited | 329,000,000 | 150,000,000 |
benefits | 3,736,000,000 | |
total operating expenses | 4,505,000,000 | 252,000,000 |
income from operations before taxes | -2,743,000,000 | 45,000,000 |
federal income tax benefit | -583,000,000 | 5,000,000 |
income from operations | -2,160,000,000 | 40,000,000 |
yoy | ||
qoq | -5500.00% | |
operating margin % | ||
inter-segment reimbursement associated | ||
with reserve financing and | ||
loc expenses | 1,000,000 | |
total expenses incurred, excluding | ||
broker-dealer | 433,000,000 | |
total pre-broker-dealer expenses | ||
incurred, excluding amortization, | ||
net of interest | 242,000,000 | |
dac and voba amortization, | ||
broker-dealer expenses incurred | 128,000,000 | |
total commissions and other | ||
expenses | 465,000,000 | |
as a percentage of sales/deposits | 5,200,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
