Detail akcie Vericity Rg online

Business Summary: Vericity, Inc., through its subsidiaries, Fidelity Life Association (Fidelity Life) and Efinancial, LLC (Efinancial), provides life insurance protection targeted to the middle American market. The Company’s segments include Agency, Insurance, and Corporate and other. The Agency Segment operates through Efinancial. Efinancial sells insurance products through its call center distribution platform and through its independent agents and other marketing organizations. The Insurance Segment operates through Fidelity Life. Fidelity Life engages in the principal business lines of Core Life, Non-Core Life, Closed Block, annuities and assumed life. In its Core Life and Non-Core Life business lines, Fidelity Life offers primarily term life insurance products, and to a lesser extent accidental death and final expense products. Its RAPIDecisionLife product offers coverage at the point of issue that is a blend of all-cause term life insurance for part of the coverage and accidental death insurance.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Vericity Inc revenues increased 1% to $44.5M. Net loss increased from $1.9M to $5.5M. Revenues reflect Agency segment increase of 13% to $18.7M. Higher net loss reflects Operating costs and expenses increase of 14% to $29.5M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.13 to -$0.37.