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Voya Financial VOYA Businesses Exited - Additional liability — Assessments
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Where this comes from
Reported directly by Voya Financial in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitPeriodIncreaseDecrease.
The source filing: Voya Financial’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:17 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001535929-26-000157
| Line item | Businesses Exited / June 30, 2026 | Businesses Exited / December 31, 2025 |
|---|---|---|
| Effect of actual variances from expected experience | 7 | (11) |
| Adjusted balance at January 1 | 1,887 | 1,931 |
| Interest accrual | 39 | 80 |
| Excess Benefits | (201) | (406) |
| Assessments | 125 | 275 |
| Balance at end of period | 1,850 | 1,880 |
| Less: Reinsurance recoverable | 1,798 | 1,827 |
| Net additional liability, after reinsurance recoverable | $52 | $53 |
Item 1. Financial Statements
FAQ
- What is Voya Financial's businesses exited - additional liability — assessments?
- Voya Financial (VOYA) reported businesses exited - additional liability — assessments of $59M in Q2 2026.
- How has Voya Financial's businesses exited - additional liability — assessments changed year-over-year?
- Voya Financial's businesses exited - additional liability — assessments decreased by 11.9% year-over-year, from $67M to $59M.
- What is the long-term trend for Voya Financial's businesses exited - additional liability — assessments?
- Over 2 years (2022 to 2025), Voya Financial's businesses exited - additional liability — assessments has grown at a 22.3% compound annual growth rate (CAGR), from $184M to $275M.
- What does businesses exited - additional liability — assessments mean?
- This captures specific charges or assessments levied against the exited business segment, often related to regulatory requirements or industry-wide guarantee fund contributions. It reflects external costs associated with maintaining legacy insurance licenses or obligations. These are typically non-operational, external expenses.
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