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Data analytics technology has been instrumentally valuable for the marketing profession. Global companies are projected to spend over $9.7 billion on marketing analytics within the next seven years. One of the biggest ways that data analytics is changing marketing is that it can help with marketing research.
For our Institutional Marketssegment, its SVW products generate fee income. For our Institutional Marketssegment, its structured settlements, PRT and GIC products generate spread income, which includes premiums, net investment income, less interest credited and policyholder benefits and excludes the annual assumption update.
For our Institutional Marketssegment, its Stable Value Wrap products generate fee income. Underwriting margin for our Life Insurance segment includes premiums, policy fees, other income, net investment income, less interest credited to policyholder account balances and policyholder benefits and excludes the annual assumption update.
For our Institutional Marketssegment, its SVW products utilize fee income. For our Institutional Marketssegment, its structured settlements, PRT and GIC products utilize spread income, which includes premiums, net investment income, less interest credited and policyholder benefits and excludes the annual assumption update.
Adjusted pre-tax operating income (“APTOI”) was $423 million, a 51% decline compared to the prior year quarter largely related to the impact from capital markets and structural changes in the business profile, including implementation of the Company’s new capital structure, as well as divestitures.
Underwriting margin for our Life Insurance segment includes premiums, policy fees, advisory fee income, net investment income, less interest credited to policyholder account balances and policyholder benefits and excludes the annual assumption update.
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