Other
Statutory net income
Analysis
StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityModerate
How to read this metric
Higher statutory net income indicates stronger regulatory capital position and improved solvency margins.
Detailed definition
Statutory net income represents the net earnings of an insurance company calculated according to the accounting principl...
Peer comparison
Standard across all regulated insurance entities; peers report this in statutory filings (e.g., NAIC filings in the U.S.).
Metric ID:
other_statutory_accounting_practices_statutory_net_incom_e5ee22Product Breakdown
| Segment | FY'23 | FY'24 |
|---|---|---|
| Property And Casualty Subsidiaries | $8.70B | $11.12B |
| LifeSubsidiaries [Member] | $459.00M | $548.00M |
| Total | — | — |
All segment values are derived from annual filings.
Statutory net income at Other Companies
Frequently Asked Questions
- What does statutory net income mean?
- The net profit of an insurance company as determined by regulatory accounting standards rather than GAAP.