We Are Here For You.Now, More Than Ever.
HENRI COURNAND
Senior Vice President and Chief Financial Officer
Consolidated Balance Sheet
December 31, 2020, and December 31, 2019 ($ in thousands)
| 2020 | 2019 | |
|---|---|---|
| Cash Investments | $1,084,709 | $1,004,548 |
| Premiums and Other Receivables | $363,508 | $303,754 |
| Intangibles and Other Assets | $217,515 | $191,855 |
| Total Assets | $1,665,732 | $1,500,157 |
| Claims Liabilities | $266,901 | $236,889 |
| Unearned Income | $68,417 | $59,890 |
| Accrued Expenses and Other Liabilities | $475,552 | $303,645 |
| Total Liabilities | $810,870 | $600,424 |
| Blue KC Surplus | $854,862 | $899,733 |
| Non-Controlling Interest Surplus | -- | -- |
| Total Surplus | $854,862 | $899,733 |
| Total Liabilities and Surplus | $1,665,732 | $1,500,157 |
Consolidated Statements of Operations
December 31, 2020, and December 31, 2019 ($ in thousands)
| 2020 | 2019 | |
|---|---|---|
| Premium Revenue | $2,806,560 | $2,801,969 |
| Fees and Other Revenue | $149,587 | $146,599 |
| Total Revenue | $2,956,147 | $2,948,568 |
| Claims Incurred | $2,345,642 | $2,450,029 |
| Operating Expenses | $624,472 | $482,120 |
| Operating Income (Loss) | ($13,967) | $16,419 |
| Investment and Other Income | $118,199 | $111,016 |
| Income before Taxes | $104,232 | $127,435 |
| Income Tax Expense | $29,444 | $30,952 |
| Net Income | $74,788 | $96,483 |
