Other
Benefits, claims, losses, and settlement expenses
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityVolatile
How to read this metric
An increase relative to premiums suggests deteriorating underwriting performance or higher-than-expected loss severity, while a decrease indicates improved underwriting efficiency.
Detailed definition
The total costs incurred for insurance claims, policy benefits, and the associated expenses to settle those claims. This...
Peer comparison
Standard metric for all insurance companies, often used to calculate the loss ratio.
Metric ID:
other_supplementary_insurance_information_benefits_claim_4693deBusiness Segments
| Segment | FY'21 | FY'22 | FY'23 | FY'24 | FY'25 |
|---|---|---|---|---|---|
| Institutional Retirement Strategies | — | $18.11B | $9.21B | $26.39B | $14.38B |
| Group Insurance | $5.65B | $5.07B | $4.87B | $4.95B | $5.16B |
| Closed Block division | $5.47B | $2.66B | $3.48B | $3.10B | $3.52B |
| Individual Life | $3.77B | $4.14B | $4.15B | $3.86B | $3.50B |
| Individual Retirement Strategies | — | $577.00M | $713.00M | $1.04B | $1.51B |
| Total Corporate and Other | $1.29B | $331.00M | $1.04B | $995.00M | $980.00M |
| Gibraltar Life and Other | $7.05B | $6.28B | $5.97B | — | — |
| Life Planner | $7.08B | $6.04B | $6.56B | — | — |
| PGIM | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | — | — | — | — | — |
All segment values are derived from annual filings.
Gibraltar Life and Other, Life Planner were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Benefits, claims, losses, and settlement expenses at Other Companies
Frequently Asked Questions
- What does benefits, claims, losses, and settlement expenses mean?
- The total cost of paying out insurance claims and related settlement expenses.