| Dec'19 | Dec'18 | Sep'17 | ||||
|---|---|---|---|---|---|---|
Revenues: | ||||||
Premiums | ||||||
40 | 54 | 42 | ||||
Net investment income | ||||||
1,229 | 1,107 | 1,005 | ||||
Gain (Loss) on Investments | ||||||
674 | -629 | 316 | ||||
Insurance and investment product fees and other | ||||||
170 | 179 | 167 | ||||
Total revenues | ||||||
2,113 | 711 | 1,530 | ||||
Benefits and expenses: | ||||||
Benefits and other changes in policy reserves | ||||||
1,057 | 423 | 843 | ||||
Acquisition and operating expenses, net of deferrals | ||||||
330 | 181 | 137 | ||||
Amortization of intangibles | ||||||
126 | 49 | 193 | ||||
Total benefits and expenses | ||||||
1,513 | 653 | 1,173 | ||||
Operating income (loss) | ||||||
600 | 58 | 357 | ||||
Interest expense | ||||||
32 | 29 | 24 | ||||
Income (loss) before income taxes | ||||||
568 | 29 | 333 | ||||
Income tax (expense) benefit | ||||||
61 | 16 | 110 | ||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
507 | 13 | 223 | ||||
Less Preferred stock dividend | ||||||
31 | 29 | 0 | ||||
Net income (loss) available to common shareholders | ||||||
476 | -16 | 223 | ||||
Basic (in USD per share) | ||||||
2.19 | -0.07 | 3.83 | ||||
Diluted (in USD per share) | ||||||
2.19 | -0.07 | 3.83 | ||||
Weighted Average Number of Shares Outstanding, Basic | ||||||
216 | 216 | 58 | ||||
Weighted Average Number of Shares Outstanding, Diluted | ||||||
216 | 216 | 58 | ||||
Cash dividend per common share (in dollars per share) | ||||||
0.04 | 0.00 | 0.26 | ||||
Other than Temporary Impairment Losses, Investments | ||||||
23 | 24 | 22 | ||||
Portion of other-than-temporary impairments included in other comprehensive income | ||||||
- | 0 | - | ||||
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net | ||||||
- | 24 | - | ||||
Gains (losses) on derivatives and embedded derivatives | ||||||
498 | -295 | 335 | ||||
Other investment gains (losses) | ||||||
199 | -310 | 3 | ||||
Net investment gains (losses) | ||||||
674 | -629 | 316 | ||||
Predecessor | ||||||
Income tax expense | ||||||
- | 110 | - | ||||