Statutory Net Income and Surplus (Tables)

9 Months Ended

Sep. 30, 2022

Statutory Net Income and Surplus

Statutory Accounting Practices Disclosure

The following table represents the net gains or (losses) as filed in the statutory-basis annual statement with the Nebraska Department of Insurance for American Life and the Vermont Department of Insurance for SRC1 and SRC3:

	Three months ended September 30,				Nine months ended September 30,
(In thousands)	2022		2021		2022		2021
American Life	$	(1,836)	$	316	$	16,055	$	2,595
SRC1	$	1,129	$	1,624	$	181	$	(1,430)
SRC3	$	1,951	$	—	$	960	$	—

The following table represents the Capital and Surplus as filed in the statutory-basis annual statement with the Nebraska Department of Insurance for American Life and the Vermont Department of Insurance for SRC1 and SRC3:

(In thousands)	September 30, 2022		December 31, 2021
American Life	$	50,757	$	74,011
SRC1	$	8,597	$	8,415
SRC3	$	5,860	$	3,150

The following tables represent the premium sales as filed in the statutory-basis annual statement with the Nebraska Department of Insurance for American Life and the Vermont Department of Insurance for SRC1 and SRC3:

	Three months ended September 30,				Nine months ended September 30,
(In thousands)	2022		2021		2022		2021
American Life	$	141,602	$	21,386	$	272,218	$	89,632
SRC1	$	-	$	(61)	$	-	$	37,764
SRC3	$	174	$	—	$	23,931	$	—