Evergy Corporate-owned life insurance policy benefit increased by 7600.0% to $7.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 492.3%, from $1.30M to $7.70M. Over 2 years (FY 2023 to FY 2025), Corporate-owned life insurance policy benefit shows a downward trend with a -45.7% CAGR.
Fluctuations are generally non-recurring and do not reflect the core operational performance of the utility.
The financial benefit or gain recognized from corporate-owned life insurance (COLI) policies held on employees or execut...
Common in many large corporations; utility-specific impact is usually minor relative to total earnings.
other_corporate_owned_life_insurance_policy_benefit| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.70M | $6.70M | $6.70M | $6.70M | $4.70M | $3.70M | $7.20M | $100.00K | $1.30M | $6.50M | $0.00 | $100.00K | $7.70M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -29.9% | -21.3% | +94.6% | -98.6% | >999% | +400.0% | -100.0% | — | >999% |
| YoY Change | — | — | — | — | -29.9% | -44.8% | +7.5% | -98.5% | -72.3% | +75.7% | -100.0% | +0.0% | +492.3% |