Business description of Equitable-Financial-Life-Insurance-Company from last 10-k form

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AXA EQUITABLE LIFE INSURANCE COMPANY

SCHEDULE III

SUPPLEMENTARY INSURANCE INFORMATION

AT AND FOR THE YEAR ENDED DECEMBER 31, 2011

 

Segment

     Deferred
Policy
Acquisition
Costs
       Policyholders’
Account
Balances
       Future Policy
Benefits
and other
Policyholders’
Funds
       Policy
Charges
And
Premium
Revenue
       Net
Investment
Income
(Loss) (1)
     Policyholders’
Benefits and
Interest
Credited
       Amortization
of Deferred
Policy
Acquisition
Costs
       Other
Operating
Expense (2)
 
       (In Millions)  

Insurance

     $ 4,653         $ 26,033         $ 21,595         $ 3,845         $ 4,526       $ 5,359         $ 4,680         $ 1,606   

Investment Management

                                               (58 )                            2,914   

Consolidation/ Elimination

                                               34                             (22 )  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

      

 

 

      

 

 

 

Total

     $     4,653         $     26,033         $     21,595         $     3,845         $     4,502       $     5,359         $     4,680         $     4,498   
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

    

 

 

      

 

 

      

 

 

 

 

  (1) 

Net investment income (loss) is based upon specific identification of portfolios within segments.

  (2) 

Operating expenses are principally incurred directly by a segment.

 

AXA EQUITABLE LIFE INSURANCE COMPANY

SCHEDULE III

SUPPLEMENTARY INSURANCE INFORMATION

AT AND FOR THE YEAR ENDED DECEMBER 31, 2010

 

Segment

     Deferred
Policy
Acquisition
Costs
       Policyholders’
Account
Balances
       Future Policy
Benefits and
other
Policyholders’
Funds
       Policy
Charges
And
Premium
Revenue
     Net
Investment
Income
(Loss)
(1)
     Policyholders’
Benefits and
Interest
Credited
     Amortization
of Deferred
Policy
Acquisition
Costs
     Other
Operating
Expense
(2)
 
       (In Millions)  

Insurance

     $     8,383         $     24,654         $     18,965         $     3,597       $     1,943       $     4,032       $     168       $     1,698   

Investment Management

                                             2                         2,559   

Consolidation/ Elimination

                                             31                         (31)   
    

 

 

      

 

 

      

 

 

      

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     $ 8,383         $ 24,654         $ 18,965         $ 3,597       $ 1,976       $ 4,032       $ 168       $ 4,226   
    

 

 

      

 

 

      

 

 

      

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

  (1) 

Net investment income (loss) is based upon specific identification of portfolios within segments.

  (2) 

Operating expenses are principally incurred directly by a segment.