How do you interpret group life and health insurance — insurance liabilities ceded?

An increase indicates higher reliance on reinsurance to manage risk and capital, while a decrease suggests the company is retaining more risk on its own balance sheet.

How does group life and health insurance — insurance liabilities ceded compare across companies?

Comparable to reinsurance recoverables or ceded reserves reported by other life and health insurance providers.

Equitable Holdings EQH Group Life And Health Insurance — Insurance liabilities ceded

Discontinued — last reported Q4 '20

Similar metrics at other companies

AFGLife insurance — SEC Schedule, 12-17, Insurance Companies, Reinsurance, Life Insurance in Force, Ceded

$5.42B-13.0%

HIGGeneral Liability — Policyholder Benefits and Claims Incurred, Ceded

$26.25M0.0%

PFGGroup Life — Reinsurance Recoverable For Unpaid Claims And Claims Adjustments Short Duration Insurance Contracts

$900K+350%

HIGGroup Insurance Policy — Policyholder Benefits and Claims Incurred, Ceded

$24M-20.0%

PRUIndividual Life — Less: Reinsurance recoverable

1,072,600,000,000%+118,300,000,000pp

UHAL.BLife Insurance — Life Insurance In Force Ceded

——

Other financials

Income statement

See full

Revenue$4.2B-7.6%

Net income$621.0M+886%

EPS (diluted)$2.14+1,238%

Balance sheet

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Cash & equivalents$9.9B+21.3%

Total debt$3.8B-11.4%

Total equity$273.0M-88.6%

Total assets$310.38B+8.0%

Cash flow

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Operating cash flow$499.0M+216%

Valuation

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Market cap$12.75B-34.9%

Enterprise value$6.68B-64.1%

P/S1.1×-0.2×

Profitability

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Net margin-5.9%—

Returns & leverage

See full

Return on equity-42%—

Debt / equity14.1×+12.3×

Where this comes from

Reported directly by Equitable Holdings in its filing.

Tagged under the XBRL concept eqh:CededLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense.

The official record: Equitable Holdings’s 10-K, filed February 24, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does group life and health insurance — insurance liabilities ceded mean?: The total amount of insurance risk transferred to third-party reinsurers for the Group Life and Health segment.
How do you interpret group life and health insurance — insurance liabilities ceded?: An increase indicates higher reliance on reinsurance to manage risk and capital, while a decrease suggests the company is retaining more risk on its own balance sheet.
How does group life and health insurance — insurance liabilities ceded compare across companies?: Comparable to reinsurance recoverables or ceded reserves reported by other life and health insurance providers.