Year-over-year, this metric declined by 50.0%, from $2.00M to $1.00M. Over 4 years (FY 2021 to FY 2025), Universal Life — Policyholder Account Balance, Benefit Payment shows a downward trend with a -27.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Fluctuations often reflect mortality experience; consistently high payments relative to premiums may indicate adverse selection or poor underwriting performance.
The total cash outflows paid to beneficiaries or policyholders upon the occurrence of a covered event, such as death or...
Standard industry metric reported as 'Death Benefits Paid' or 'Claims Incurred'.
hig_segment_universal_life_policyholder_account_balance_benefit_payment| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | 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 | $5.50M | $5.50M | $5.50M | $3.00M | $7.00M | $6.00M | $4.00M | $1.00M | $2.00M | $1.00M | $2.00M | $4.00M | $2.00M | $0.00 | $3.00M | $2.00M | $1.00M | $3.00M | $0.00 | $1.00M |
| QoQ Change | — | +0.0% | +0.0% | -45.5% | +133.3% | -14.3% | -33.3% | -75.0% | +100.0% | -50.0% | +100.0% | +100.0% | -50.0% | -100.0% | — | -33.3% | -50.0% | +200.0% | -100.0% | — |
| YoY Change | — | — | — | — | +27.3% | +9.1% | -27.3% | -66.7% | -71.4% | -83.3% | -50.0% | +300.0% | +0.0% | -100.0% | +50.0% | -50.0% | -50.0% | — | -100.0% | -50.0% |