| Summary of Disaggregation of Revenues from Contracts |
The disaggregation of our revenues from contracts with customers were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended March 31, |
|
|
|
|
2026 |
|
|
2025 |
|
|
|
|
(In thousands) |
Term Life Insurance segment revenues: |
|
|
|
|
|
|
|
Other, net |
|
$ |
11,275 |
|
|
$ |
12,745 |
|
|
Total segment revenues from contracts with customers |
|
|
11,275 |
|
|
|
12,745 |
|
|
Revenues from sources other than contracts with customers |
|
|
453,359 |
|
|
|
445,096 |
|
|
Total Term Life Insurance segment revenues |
|
$ |
464,634 |
|
|
$ |
457,841 |
|
|
|
|
|
|
|
|
|
|
Investment and Savings Products segment revenues: |
|
|
|
|
|
|
|
Commissions and fees |
|
|
|
|
|
|
|
Sales-based revenues |
|
$ |
136,355 |
|
|
$ |
111,270 |
|
|
Asset-based revenues |
|
|
174,351 |
|
|
|
139,130 |
|
|
Account-based revenues |
|
|
23,619 |
|
|
|
24,195 |
|
|
Other, net |
|
|
3,305 |
|
|
|
3,333 |
|
|
Total segment revenues from contracts with customers |
|
|
337,630 |
|
|
|
277,928 |
|
|
Revenues from sources other than contracts
with customers (segregated funds we underwrite) |
|
|
13,015 |
|
|
|
12,884 |
|
|
Total Investment and Savings Products segment revenues |
|
$ |
350,645 |
|
|
$ |
290,812 |
|
|
|
|
|
|
|
|
|
|
Corporate and Other Distributed Products segment revenues: |
|
|
|
|
|
|
|
Commissions and fees |
|
$ |
9,401 |
|
|
$ |
9,478 |
|
|
Other, net |
|
|
1,306 |
|
|
|
1,056 |
|
|
Total segment revenues from contracts with customers |
|
|
10,707 |
|
|
|
10,534 |
|
|
Revenues from sources other than contracts with customers |
|
|
46,707 |
|
|
|
45,656 |
|
|
Total Corporate and Other Distributed Products segment revenues |
|
$ |
57,414 |
|
|
$ |
56,190 |
|
|
|
| Summary of Renewal Commissions Receivable |
Activity in the renewal commissions receivable account was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended March 31, |
|
|
|
|
2026 |
|
|
2025 |
|
|
|
|
(In thousands) |
Balance, beginning of period |
|
$ |
54,321 |
|
|
$ |
58,079 |
|
|
Commissions revenue |
|
|
4,926 |
|
|
|
5,284 |
|
|
Less: collections |
|
|
(5,969 |
) |
|
|
(6,032 |
) |
|
Balance, at the end of period |
|
$ |
53,278 |
|
|
$ |
57,331 |
|
|
|