Federal Life Group Inc (PK:FLFG)
Business Focus: Life & Health Insurance
| Sector: Financials | Industry: Life & Health Insurance |
| Company Contact | |
| Address: | 3750 Deerfield Road Riverwoods IL 60015 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| N/A | ||
| Business Overview |
| Federal Life Group, Inc. is a holding company of Federal Life Insurance Company (Federal Life). The Company is an independently operated provider of life insurance and annuity products, The Company offers a range of life insurance and annuity products. Federal Life's business is primarily comprised of traditional life policies, which include term life insurance, whole life insurance and group life insurance; interest-sensitive contracts; health insurance; and fixed deferred annuity contracts. Federal Life primarily sells its interest-sensitive life, whole life, health insurance, and fixed and indexed annuities through a network of independent agents. Federal Life is licensed to sell a new business in the District of Columbia and all states except Maine, Massachusetts, New Hampshire, New York and Vermont. Federal Life is licensed to sell products in 45 states and its primary markets are Illinois, Ohio, California, Florida, and Texas. |
| Financial Overview |
| For the three months ended 31 March 2019, Federal Life Group Inc revenues decreased 1% to $4.9M. Net loss decreased 84% to $138K. Revenues reflect Insurance revenues decrease of 23% to $2.1M. Lower net loss reflects Taxes, licenses and fees decrease of 4% to $189K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.25 to -$0.04. |
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