Voya Financial VOYA Closed Blocks — Supplementary Insurance Information Unearned Premiums
Discontinued — last reported Q4 '15
Other financials
Where this comes from
Reported directly by Voya Financial in its filing.
Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationUnearnedPremiums.
The official record: Voya Financial’s 10-K, filed February 25, 2016, on SEC EDGAR. View the filing →
Questions, answered.
- What does closed blocks — supplementary insurance information unearned premiums mean?
- This represents the portion of premiums collected for insurance coverage that has not yet been provided as of the balance sheet date. It is a liability account that reflects the company's obligation to provide future coverage for policies already paid for by customers. Monitoring this helps assess the future revenue potential and the company's liability exposure for the Closed Blocks segment.