Vericity (STU:2TE) Other Expense : €102.0 Mil (As of Mar. 2024)

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What is Vericity Other Expense?

Vericity's Other Expense for the three months ended in Mar. 2024 was €27.7 Mil. Its Other Expense for the trailing twelve months (TTM) ended in Mar. 2024 was €102.0 Mil.

Vericity Other Expense Historical Data

The historical data trend for Vericity's Other Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vericity Other Expense Chart

Vericity Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Expense

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56.41

55.74

72.18

78.41

97.93

Vericity Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Expense	Get a 7-Day Free Trial															24.71	24.37	25.66	24.35	27.68

Vericity Other Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For insurance companies, GuruFocus lists Selling, General, & Admin. Expense, Net Policyholder Benefits/Claims, Policy Acquisition Expense, Interest Expense (Positive) and Other Expense under the "Total Expenses" sections.

Other Expense incurred by insurance companies sometimes includes:
Underwriting Expenses
Fees and Commission Expense
Impairment Of Capital Assets
WriteOff
Other (too numerous to list)
Some insurance companies can do choose to report each of these items separately. Yet, there are a variety of other expense which are simply too numerous to list.

Other Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €102.0 Mil.

Vericity Other Expense Related Terms

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Vericity (STU:2TE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Vericity Inc (STU:2TE) » Definitions » Other Expense

Comparable Companies

Traded in Other Exchanges

VERY:USA

Address

1350 E Touhy Avenue, Suite 205W, Des Plaines, IL, USA, 60018

Website

https://www.vericity.com

Vericity Inc, along with its subsidiaries, offers life insurance products to the middle American market. It operates through three segments namely Agency, Insurance, and Corporate. The Agency segment includes the insurance distribution operations of the company and includes commission revenue from the sale of Fidelity Life products. The Insurance segment, which is the key revenue generating segment, is composed of three broad lines consisting of Direct Life, Closed Block, and Assumed Life and Annuities.

Vericity (STU:2TE) Headlines

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