| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenues | ||||||||||||
Premiums Earned, Net | ||||||||||||
16,923 | 15,869 | 14,141 | 13,697 | 13,485 | 13,336 | 13,231 | 13,637 | 14,088 | 14,055 | 14,424 | 15,503 | 15,619 |
Fee income | ||||||||||||
1,301 | 1,313 | 1,168 | 1,041 | 876 | 1,996 | 2,105 | 3,567 | 4,700 | 4,697 | 4,547 | 5,135 | 5,436 |
Securities available-for-sale and other | ||||||||||||
- | - | - | - | - | - | - | - | 4,263 | 4,354 | 4,017 | 4,335 | 5,214 |
Equity securities, trading | ||||||||||||
- | - | - | - | - | - | - | - | -1,345 | -1,012 | 3,188 | -10,340 | 145 |
Net Investment Income | ||||||||||||
1,951 | 1,780 | 1,603 | 1,577 | 1,561 | 3,154 | 3,264 | 4,127 | 2,918 | 3,342 | 7,205 | -6,005 | 5,359 |
Net realized capital gains (losses): | ||||||||||||
Total other-than-temporary impairment (“OTTI”) losses | ||||||||||||
6 | 7 | 15 | 35 | 47 | 64 | 93 | 389 | 263 | 852 | 2,191 | 3,964 | 483 |
OTTI losses recognized in other comprehensive income | ||||||||||||
-3 | -6 | -7 | -8 | -6 | 5 | 20 | 40 | 89 | 418 | 683 | - | 0 |
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net | ||||||||||||
3 | 1 | 8 | 27 | 41 | 59 | 73 | 349 | 174 | 434 | 1,508 | 3,964 | 483 |
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | ||||||||||||
- | - | - | - | - | - | - | - | - | 0 | - | - | - |
Gain (Loss) on Investments, Excluding Other than Temporary Impairments | ||||||||||||
398 | -111 | 173 | -83 | 29 | 75 | 296 | 846 | -52 | -157 | -496 | 1,954 | 511 |
Net realized capital (losses) gains | ||||||||||||
395 | -112 | 165 | -110 | -12 | 16 | 1,798 | 497 | -226 | -591 | -2,004 | -5,918 | -994 |
Other Income | ||||||||||||
170 | 105 | 85 | 86 | 87 | 112 | 275 | 258 | 253 | 267 | 261 | 504 | 496 |
Total revenues | ||||||||||||
20,740 | 18,955 | 17,162 | 16,291 | 15,997 | 18,614 | 20,673 | 22,086 | 21,733 | 21,770 | 24,433 | 9,219 | 25,916 |
Benefits, losses and expenses | ||||||||||||
Benefits, losses and loss adjustment expenses | ||||||||||||
11,472 | 11,165 | 10,174 | 9,961 | 9,325 | - | 11,048 | 13,195 | 14,627 | 13,018 | 13,831 | 14,088 | 13,919 |
Benefits, losses and loss adjustment expenses - returns credited on international variable annuities | ||||||||||||
- | - | - | - | - | - | - | - | -1,345 | -1,012 | 3,188 | -10,340 | 145 |
Amortization of deferred policy acquisition costs (DAC) | ||||||||||||
1,622 | 1,384 | 1,372 | 1,377 | 1,364 | 1,729 | 2,701 | 1,988 | 2,444 | 1,692 | 4,257 | - | - |
Operating Expenses | ||||||||||||
4,580 | 4,281 | 4,563 | 3,525 | 3,459 | 4,028 | 4,176 | 5,090 | 5,269 | 5,292 | 4,370 | 4,703 | 3,894 |
Loss on extinguishment of debt | ||||||||||||
-90 | -6 | 0 | 0 | -21 | 0 | -213 | -910 | 0 | 0 | - | - | - |
Reinsurance, Loss on Uncollectible Accounts in Period, Amount | ||||||||||||
91 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Loss on reinsurance transaction | ||||||||||||
- | - | - | -650 | 0 | - | - | - | - | - | - | - | - |
Less: Preferred stock dividends | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 127 | 8 | 0 |
Gain (Loss) on Disposition of Business | ||||||||||||
- | - | - | - | - | - | -1,574 | - | 0 | 0 | - | - | - |
Disposal Group, Not Discontinued Operation, Reinsurance Loss | ||||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | - | - |
Amortization of deferred policy acquisition costs and present value of future profits | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | -4,271 | -2,989 |
Interest Expense | ||||||||||||
259 | 298 | 316 | 327 | 346 | 376 | 397 | 457 | 508 | 508 | 476 | 343 | 263 |
Amortization of other intangible assets | ||||||||||||
66 | 68 | 14 | 4 | 4 | - | - | - | - | - | - | - | - |
Goodwill impairment | ||||||||||||
- | - | - | - | - | - | - | - | 30 | 0 | 32 | 745 | 0 |
Other expenses | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 701 |
Total benefits, losses and expenses | ||||||||||||
18,180 | 17,202 | 16,439 | 15,844 | 14,519 | 16,915 | 19,202 | 22,175 | 21,533 | 19,498 | 26,154 | 13,810 | 21,911 |
Income before income taxes | ||||||||||||
2,560 | 1,753 | 723 | 447 | 1,478 | 1,699 | 1,471 | -89 | 200 | 2,272 | -1,721 | -4,591 | 4,005 |
Income Tax Expense (Benefit) | ||||||||||||
475 | 268 | 985 | -166 | 289 | 350 | 246 | -309 | -373 | 568 | -838 | -1,842 | 1,056 |
Income (loss) from continuing operations, net of tax | ||||||||||||
2,085 | 1,485 | -262 | 613 | 1,189 | 1,349 | 1,225 | 220 | 573 | 1,704 | -883 | - | - |
Income (loss) from discontinued operations, net of tax | ||||||||||||
0 | 322 | -2,869 | 283 | 493 | -551 | -1,049 | -258 | 139 | -68 | -4 | - | - |
Net Income (Loss) Attributable to Parent | ||||||||||||
2,085 | 1,807 | -3,131 | 896 | 1,682 | 798 | 176 | -38 | 712 | 1,636 | -887 | -2,749 | 2,949 |
Dividends, Preferred Stock, Cash | ||||||||||||
21 | 6 | 0 | 0 | - | - | - | 42 | 42 | 515 | - | - | - |
Net income available to common stockholders | ||||||||||||
2,064 | 1,801 | -3,131 | 896 | - | - | - | -80 | 670 | 1,121 | -1,014 | -2,757 | 2,949 |
Earnings Per Share [Abstract] | ||||||||||||
Income (loss) from continuing operations Basic | ||||||||||||
5.72 | 4.13 | -0.72 | 1.58 | 2.86 | 3.05 | 2.71 | 0.41 | 1.19 | 2.76 | -2.92 | - | - |
Income (loss) from continuing operations Diluted | ||||||||||||
5.66 | 4.06 | -0.72 | 1.55 | 2.80 | 2.93 | 2.50 | 0.38 | 1.11 | 2.54 | -2.92 | - | - |
Net (loss) income per common share | ||||||||||||
Earnings Per Share, Basic | ||||||||||||
5.72 | 5.03 | -8.61 | 2.31 | 4.05 | 1.81 | 0.37 | -0.18 | 1.51 | 2.60 | -2.93 | -8.99 | 9.32 |
Earnings Per Share, Diluted | ||||||||||||
5.66 | 4.95 | -8.61 | 2.27 | 3.96 | 1.73 | 0.36 | -0.17 | 1.40 | 2.40 | -2.93 | -8.99 | 9.24 |
Weighted average common shares outstanding and dilutive potential common shares | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 319 |
Cash dividends declared per common share | ||||||||||||
- | - | - | - | 0.78 | 0.66 | 0.50 | 0.40 | 0.40 | 0.20 | 0.20 | 1.91 | 2.03 |