Investor Presentaiton
35
Mutual Group of Insurance Companies:
SAP Financial Summary: YE 2022
(USD In Millions)
Mutual of Omaha
2022
2021
2020
United of Omaha
2022
2021
2020
Other Insurance Affiliates
Eliminations
Total
2022
2021
2020
2022
2021
2020
2022
2021
2020
Net Premium & Annuity Considerations
Individual Life
Group Life
Individual Annuities
Group Annuities
Accident & Health
$ 3,843 $ 3,779 $ 3,715 $ 5,987 $ 4,841 $ 4,576 $
285 $
337 $ 387 $ (4) $ (5) $
(7) $10,111 $ 8,952 $ 8,671
1,975
1,817 1,500
79
80
15
75
-
2,054 1,897 1,575
370
292
289
2
2
2
(2)
(3)
(3)
370
291
288
652
131
374
-
652
131
374
1,244
968
846
28
12
15
1,272
980
861
3,843 3,779
3,715
1,746 1,633
1,567
176
243
295
(2)
(2)
(4) 5,763 5,653 5,573
Statutory Revenue
$ 4,119 $ 4,204 $ 4,575 $ 7,301 $ 6,071 $ 5,731 $
676 $
727 $
749 $ (199) $ (197) $ (201) $11,897 $10,805 $10,854
Statutory Net Income(Loss)
$
(77) $
220 $
First-year Commission Expenses¹
107
107
767 $ 11 $
136
(29) $
333
282
78 $
220
(10) $
24 $
(87) $
$
$
$
(76) $ 215 $ 758
7
8
11
447
397
367
Admitted Assets
$10,171 $10,342 $ 9,440 $33,225 $31,184 $28,650 $ 1,858 $ 2,014 $ 1,842 $ (2,601) $ (2,817) $ (2,547) $42,653 $40,723 $37,385
Policy and Claims Reserves
$ 5,055 $ 4,637 $ 4,290 $22,796 $ 19,731 $17,908 $ 1,092 $ 1,047 $ 1,069 $
-
$
$
$ 28,943 $25,415 $23,267
Surplus
$ 4,012 $ 3,997 $ 3,623 $ 1,960 $ 1,925 $ 1,871 $ 485 $ 511 $ 477 $ (2,444) $ (2,436) $ (2,349) $4,013 $ 3,997 $ 3,622
1 First-year commission expenses are immediately recognized under NAIC SAP but are normally deferred and amortized under GAAP if related to successful policy acquisition
Mutual Group of Insurance Companies, which for purposes of this presentation, consists of licensed insurance companies directly or indirectly wholly owned by Mutual of Omaha,
including Mutual of Omaha, United of Omaha, Companion Life Insurance Company, United World Insurance Company, Omaha Insurance Company, Omaha Supplemental
Insurance Company, Omaha Health Insurance Company, Mutual of Omaha Medicare Advantage Company and Medicare Advantage Insurance Company of Omaha.
Mutual Отана
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