| 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 | ||||||||||||
Insurance premiums | ||||||||||||
5,513 | 4,601 | 3,256 | 2,987 | 3,246 | 2,988 | 2,687 | 2,462 | 2,294 | 2,176 | 2,064 | 2,018 | 1,852 |
Fee income | ||||||||||||
6,497 | 5,986 | 5,619 | 5,244 | 5,045 | 4,673 | 4,069 | 3,736 | 3,437 | 3,234 | 2,922 | 3,067 | 2,996 |
Net investment income | ||||||||||||
5,223 | 5,085 | 4,990 | 4,874 | 4,827 | 4,859 | 4,754 | 4,698 | 4,652 | 4,541 | 4,178 | 4,130 | 4,297 |
Realized gain (loss): | ||||||||||||
Total other-than-temporary impairment losses on securities | ||||||||||||
30 | 7 | 18 | 145 | 80 | 26 | 80 | 259 | 169 | -247 | -667 | -851 | -261 |
Portion of loss recognized in other comprehensive income | ||||||||||||
15 | - | - | 43 | 26 | -10 | -10 | -106 | -45 | 87 | 275 | 0 | 0 |
Net other-than-temporary impairment losses on securities recognized in earnings | ||||||||||||
15 | 7 | 18 | 102 | 54 | 16 | 70 | 153 | 124 | -160 | -392 | -851 | -261 |
Realized gain (loss), excluding other-than-temporary impairment losses on securities | ||||||||||||
-595 | 148 | -152 | -237 | -97 | 16 | -65 | 227 | -170 | 91 | -754 | 316 | 86 |
Total realized gain (loss) | ||||||||||||
-610 | 141 | -170 | -339 | -151 | - | -135 | 74 | -294 | 69 | 1,146 | 535 | -175 |
Amortization of deferred gain on business sold through reinsurance | ||||||||||||
31 | 9 | 23 | 73 | 74 | 74 | 74 | 74 | 75 | -75 | -76 | -76 | 84 |
Other revenues | ||||||||||||
604 | 602 | 539 | 491 | 531 | 960 | 520 | 491 | 477 | 458 | 405 | 468 | 560 |
Total revenues | ||||||||||||
17,258 | 16,424 | 14,257 | 13,330 | 13,572 | 13,554 | 11,969 | 11,535 | 10,641 | 10,415 | 8,499 | 9,224 | 9,614 |
Expenses | ||||||||||||
Interest credited | ||||||||||||
2,780 | 2,617 | 2,590 | 2,564 | 2,508 | 2,532 | 2,510 | 2,470 | 2,488 | 2,488 | 2,465 | 2,502 | 2,435 |
Benefits | ||||||||||||
7,880 | 6,786 | 5,160 | 4,692 | 5,044 | 4,679 | 3,862 | 3,541 | 3,345 | 3,327 | 2,834 | 3,059 | 2,425 |
Commissions and other expenses | ||||||||||||
5,287 | 4,763 | 4,176 | 4,277 | 4,318 | 4,079 | 3,701 | 3,683 | 3,264 | 3,174 | 2,794 | 3,138 | 2,795 |
Interest and debt expense | ||||||||||||
326 | 297 | 253 | 331 | 272 | 267 | 265 | 273 | 294 | 291 | 197 | 281 | 284 |
Strategic digitization expense | ||||||||||||
66 | 76 | 43 | 8 | - | - | - | - | - | - | - | - | - |
Impairment of intangibles | ||||||||||||
- | - | 905 | - | - | - | - | - | 747 | 0 | 730 | 381 | 0 |
Total expenses | ||||||||||||
16,339 | 14,539 | 13,127 | 11,872 | 12,142 | 11,557 | 10,338 | 9,967 | 10,138 | 9,280 | 9,020 | 9,361 | 7,939 |
Income (loss) before taxes | ||||||||||||
919 | 1,885 | 1,130 | 1,458 | 1,430 | 1,997 | 1,631 | 1,568 | 503 | 1,135 | -521 | -137 | 1,675 |
Federal income tax expense (benefit) | ||||||||||||
33 | 244 | -949 | 266 | 276 | 483 | 387 | 282 | 274 | 262 | -106 | -127 | 476 |
Income (loss) from continuing operations | ||||||||||||
- | - | - | - | - | 1,514 | 1,244 | 1,286 | 229 | 873 | -415 | -10 | 1,199 |
Income (loss) from discontinued operations, net of federal income taxes | ||||||||||||
- | - | - | - | - | 1 | - | 27 | -8 | 29 | -70 | 67 | 16 |
Net income (loss) | ||||||||||||
886 | 1,641 | 2,079 | 1,192 | 1,154 | 1,515 | 1,244 | 1,313 | 221 | 902 | -485 | 57 | 1,215 |
Other comprehensive income (loss), net of tax | ||||||||||||
Unrealized investment gains (losses) | ||||||||||||
5,288 | -3,449 | 1,643 | 709 | -2,229 | 1,591 | -2,335 | - | - | - | - | - | - |
Unrealized gain (loss) on available-for-sale securities | ||||||||||||
- | - | - | - | - | - | - | 1,119 | 1,771 | 1,127 | - | - | - |
Unrealized other-than-temporary impairment on available-for-sale securities | ||||||||||||
- | - | - | - | - | - | - | -2 | -25 | -19 | - | - | - |
Unrealized gain (loss) on derivative instruments | ||||||||||||
- | - | - | - | - | - | - | 44 | 130 | -22 | - | - | - |
Foreign currency translation adjustment | ||||||||||||
6 | -9 | 13 | -22 | -2 | 2 | -1 | -5 | - | -2 | - | - | - |
Funded status of employee benefit plans | ||||||||||||
28 | 7 | -8 | -34 | 20 | 60 | -91 | 32 | 97 | 29 | - | - | - |
Other comprehensive income (loss), net of tax | ||||||||||||
5,266 | -3,465 | 1,664 | 721 | -2,251 | 1,533 | -2,245 | 1,128 | 1,829 | 1,113 | - | - | - |
Comprehensive income (loss) | ||||||||||||
6,152 | -1,824 | 3,743 | 1,913 | -1,097 | 3,048 | -1,001 | 2,441 | 2,050 | 2,015 | - | - | - |
Net Income (Loss) Per Common Share - Basic | ||||||||||||
Preferred stock dividends and accretion of discount | ||||||||||||
- | - | - | - | - | - | - | - | - | -167 | -35 | 0 | 0 |
Net income (loss) available to common stockholders | ||||||||||||
- | - | - | - | - | - | - | - | - | 735 | -520 | 57 | 1,215 |
Income (loss) from continuing operations (in dollars per share) | ||||||||||||
- | - | - | - | - | 5.81 | 4.68 | 4.58 | 0.75 | 2.28 | -1.60 | -0.04 | 4.44 |
Income (loss) from discontinued operations (in dollars per share) | ||||||||||||
- | - | - | - | - | 0.00 | - | 0.10 | -0.03 | 0.09 | -0.25 | 0.26 | 0.06 |
Basic (in dollars per share) | ||||||||||||
4.41 | 7.60 | 9.36 | 5.09 | 4.60 | 5.81 | 4.68 | 4.68 | 0.72 | 2.37 | -1.85 | 0.22 | 4.50 |
Net Income (Loss) Per Common Share - Diluted | ||||||||||||
Income (loss) from continuing operations (in dollars per share) | ||||||||||||
- | - | - | - | - | 5.67 | 4.52 | 4.47 | 0.72 | 2.21 | -1.60 | -0.04 | 4.37 |
Income (loss) from discontinued operations (in dollars per share) | ||||||||||||
- | - | - | - | - | 0.00 | - | 0.09 | -0.03 | 0.09 | -0.25 | 0.26 | 0.06 |
Diluted (in dollars per share) | ||||||||||||
4.38 | 7.40 | 9.22 | 5.03 | 4.51 | 5.67 | 4.52 | 4.56 | 0.69 | 2.30 | -1.85 | 0.22 | 4.43 |
Cash Dividends Declared Per Common Share | ||||||||||||
1.51 | 1.36 | 1.20 | 1.04 | 0.85 | 0.68 | 0.52 | - | - | - | - | - | - |