Empower Annuity Insurance Co of America

company.status.inactive

CIK 744455fmd_00PYQNY3Z32CTT6D5HBW2YTB5CFinance, Insurance and Real Estate · Life InsuranceTemplate: Insurance

Coverage: Jan 01, 2009 to Sep 30, 2018, 35 periods

Income Statement · Annual · Millions · USD
Line item	FY2009	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016	FY2017
Net premiums earned	560	806	523	422	464	446	446	465	440
Total revenues	2,028	2,404	2,193	2,266	2,167	2,559	2,742	2,804	2,776
Net investment income	–	–	1,158	1,192	1,091	1,228	1,254	1,277	1,220
Realized investment gains (losses)	(68)	(24)	24	117	(14)	147	84	93	46
Provision for credit losses	–	–	5	1	0	0	0	1	0
Losses and loss adjustment expenses	590	629	646	682	651	643	637	709	652
Selling, general and administrative	435	531	567	597	650	781	1,079	1,181	1,198
Policy acquisition costs	–	(28)	25	(51)	55	41	96	29	21
Total benefits, losses and expenses	1,862	2,138	1,897	1,893	1,979	2,086	2,453	2,487	2,489
Total operating expenses	–	598	633	695	747	863	1,218	1,246	1,248
Interest expense	38	37	37	37	37	37	39	34	31
Income before taxes	166	266	296	373	188	473	289	317	287
Income tax expense	41	69	94	135	59	156	99	86	(83)
Net income from continuing operations	125	197	202	238	129	317	190	231	369
Net income	–	203	–	–	–	–	–	–	–
Net income to common shareholders	125	196	202	238	129	317	190	231	369