| Schedule of Roll Forward for the Lines of Business that Contain DAC Balances |
The
following tables show a roll forward for the lines of business that contain DAC balances, along with a reconciliation to the Company’s
total DAC balance:
Schedule
of Roll Forward for the Lines of Business that Contain DAC Balances
| | |
Traditional Life | | |
Fixed Annuities | | |
Universal Life | | |
Accident and Health | | |
Pre-need Contracts | | |
Total | |
| Balance at December 31, 2025 | |
$ | 127,639,286 | | |
$ | 571,370 | | |
$ | 3,430,518 | | |
$ | - | | |
$ | 4,337,629 | | |
$ | 135,978,803 | |
| Deferrals | |
| 4,131,689 | | |
| 29,139 | | |
| - | | |
| - | | |
| 327,701 | | |
| 4,488,529 | |
| Amortization | |
| (2,460,830 | ) | |
| (32,470 | ) | |
| (82,251 | ) | |
| - | | |
| (289,944 | ) | |
| (2,865,495 | ) |
| Balance at March 31, 2026 | |
$ | 129,310,145 | | |
$ | 568,039 | | |
$ | 3,348,267 | | |
$ | - | | |
$ | 4,375,386 | | |
$ | 137,601,837 | |
| | |
Traditional Life | | |
Fixed Annuities | | |
Universal Life | | |
Accident and Health | | |
Pre-need Contracts | | |
Total | |
| Balance at December 31, 2024 | |
$ | 118,803,677 | | |
$ | 535,836 | | |
$ | 3,754,867 | | |
$ | 466 | | |
$ | 4,125,061 | | |
$ | 127,219,907 | |
| Balance, beginning of period | |
$ | 118,803,677 | | |
$ | 535,836 | | |
$ | 3,754,867 | | |
$ | 466 | | |
$ | 4,125,061 | | |
$ | 127,219,907 | |
| Deferrals | |
| 5,299,915 | | |
| 43,786 | | |
| - | | |
| - | | |
| 181,034 | | |
| 5,524,735 | |
| Amortization | |
| (2,390,105 | ) | |
| (33,165 | ) | |
| (76,061 | ) | |
| (447 | ) | |
| (173,965 | ) | |
| (2,673,743 | ) |
| Balance at March 31, 2025 | |
$ | 121,713,487 | | |
$ | 546,457 | | |
$ | 3,678,806 | | |
$ | 19 | | |
$ | 4,132,130 | | |
$ | 130,070,899 | |
| Balance, end of period | |
$ | 121,713,487 | | |
$ | 546,457 | | |
$ | 3,678,806 | | |
$ | 19 | | |
$ | 4,132,130 | | |
$ | 130,070,899 | |
|
| Schedule of Roll Forward for the Lines of Business That Contain VOBA Balances |
The
following tables show a roll forward for the lines of business that contain VOBA balances, along with a reconciliation to the Company’s
total VOBA balance:
Schedule
of Roll Forward for the Lines of Business That Contain VOBA Balances
| | |
Traditional Life | | |
Fixed Annuities | | |
Universal Life | | |
Accident and Health | | |
Total | |
| Balance at December 31, 2025 | |
$ | 6,968,331 | | |
$ | - | | |
$ | 124,932 | | |
$ | 15,923 | | |
$ | 7,109,186 | |
| Deferrals | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Amortization | |
| (98,289 | ) | |
| - | | |
| (14,900 | ) | |
| (634 | ) | |
| (113,823 | ) |
| Balance at March 31, 2026 | |
$ | 6,870,042 | | |
$ | - | | |
$ | 110,032 | | |
$ | 15,289 | | |
$ | 6,995,363 | |
| | |
Traditional Life | | |
Fixed Annuities | | |
Universal Life | | |
Accident and Health | | |
Total | |
| Balance at December 31, 2024 | |
$ | 7,397,519 | | |
$ | - | | |
$ | 186,632 | | |
$ | 18,370 | | |
$ | 7,602,521 | |
| Balance, beginning of period | |
$ | 7,397,519 | | |
$ | - | | |
$ | 186,632 | | |
$ | 18,370 | | |
$ | 7,602,521 | |
| Deferrals | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Amortization | |
| (106,834 | ) | |
| - | | |
| (15,708 | ) | |
| (714 | ) | |
| (123,256 | ) |
| Balance at March 31, 2025 | |
$ | 7,290,685 | | |
$ | - | | |
$ | 170,924 | | |
$ | 17,656 | | |
$ | 7,479,265 | |
| Balance, end of period | |
$ | 7,290,685 | | |
$ | - | | |
$ | 170,924 | | |
$ | 17,656 | | |
$ | 7,479,265 | |
|
| Schedule of Balance and the Changes in Unearned Premium Reserve |
The
balance and the changes in Unearned Premium Reserve are as follows:
Schedule
of Balance and the Changes in Unearned Premium Reserve
| | |
2026 | | |
2025 | |
| | |
Three Months Ended March 31, | |
| | |
2026 | | |
2025 | |
| | |
Universal Life | | |
Universal Life | |
| Balance, beginning of period | |
$ | 1,824,796 | | |
$ | 2,013,245 | |
| Deferrals | |
| - | | |
| - | |
| Amortization (1) | |
| (47,431 | ) | |
| (44,487 | ) |
| Unearned premium reserve, end of period | |
$ | 1,777,365 | | |
$ | 1,968,758 | |
| (1) | | Included in premiums
and other considerations on the condensed consolidated statements of earnings. |
|