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Brooke Life Insurance Company 2024 annual statutory statement

U.S. Markets via PUBT

ANNUAL STATEMENT

OF THE

BROOKE LIFE INSURANCE COMPANY

TO THE

Insurance Department

OF THE

STATE OF

Michigan

FOR THE YEAR ENDED

DECEMBER 31, 2024

[ X ] LIFE, ACCIDENT AND HEALTH

[ ] FRATERNAL BENEFIT SOCIETIES

2024

.MI

ANNUAL STATEMENT FOR THE YEAR 2024 OF THE BROOKE LIFE INSURANCE COMPANY

ASSETS

			Current Year		Prior Year
		1	2	3	4
				Net Admitted Assets	Net Admitted
		Assets	Nonadmitted Assets	(Cols. 1 - 2)	Assets
1.	Bonds (Schedule D)	................185,077,238	.................................0	................185,077,238	................212,910,736
2.	Stocks (Schedule D):
	2.1 Preferred stocks	0	0	0	0
	2.2 Common stocks	5,102,964,896	0	5,102,964,896	4,652,621,647

3. Mortgage loans on real estate (Schedule B):

	3.1 First liens				0	0	0	0
	3.2 Other than first liens			0	0	0	0
4.	Real estate (Schedule A):
	4.1 Properties occupied by the company (less $	0
		encumbrances)				0	0	0	0
	4.2 Properties held for	the production of income (less
		$	0	encumbrances)		0	0	0	0
	4.3 Properties held for sale (less $	0
		encumbrances)				.................................0	.................................0	.................................0	.................................0
5.	Cash ($	29,732	, Schedule E - Part 1), cash equivalents
	($	................... 3,907,698 , Schedule E - Part 2) and short-term
	investments ($	30,763 , Schedule DA)	3,968,193	0	3,968,193	1,243,962
6.	Contract loans (including $	0	......premium notes)	.......................434,539	.................................0	.......................434,539	...................... 474,011
7.	.............................................................................Derivatives (Schedule DB)			.................................0	.................................0	.................................0	.................................0
8.	............................................................Other invested assets (Schedule BA)		20,153,962	1,246,886	18,907,076	22,436,391
9.	Receivables for securities			8,489	0	8,489	21,007
10.	Securities lending reinvested collateral assets (Schedule DL)	0	0	0	0
11.	.........................................................Aggregate write-ins for invested assets		.................................0	.................................0	.................................0	.................................0
12.	.....................................Subtotals, cash and invested assets (Lines 1 to 11)		............ 5,312,607,317	...................1,246,886	............ 5,311,360,431	............ 4,889,707,754
13.	Title plants less $	0 charged off (for Title insurers
	only)				0	0	0	0
14.	Investment income due and accrued		1,250,175	0	1,250,175	1,494,480
15.	Premiums and considerations:
	15.1 Uncollected premiums and agents' balances in the course of collection	................... 3,908,729	.................................0	................... 3,908,729	................... 4,036,453
	15.2 Deferred premiums, agents' balances and installments booked but
		deferred and not yet due (including $	0
		earned but unbilled premiums)		46,368	0	46,368	71,080
	.................................15.3 Accrued retrospective premiums ($	0 ) and
		contracts subject to redetermination ($	0 )	.................................0	0	0	0

16. Reinsurance:

	16.1 Amounts recoverable from reinsurers	67,577	0	67,577	67,577
	16.2 Funds held by or deposited with reinsured companies	0	0	0	0
	........................16.3 Other amounts receivable under reinsurance contracts	0	.................................0	.................................0	.................................0
17.	............................................Amounts receivable relating to uninsured plans	.................................0	.................................0	.................................0	.................................0
18.1	....Current federal and foreign income tax recoverable and interest thereon	...................... 834,609	.................................0	...................... 834,609	.......................767,244
18.2	Net deferred tax asset	.................................0	.................................0	.................................0	.................................0
19.	Guaranty funds receivable or on deposit	.................................0	.................................0	.................................0	.................................0
20.	.....................................Electronic data processing equipment and software	.................................0	.................................0	.................................0	.................................0
21.	Furniture and equipment, including health care delivery assets
	($	0 )	.................................0	.................................0	.................................0	.................................0
22.	Net adjustment in assets and liabilities due to foreign exchange rates	.................................0	.................................0	.................................0	.................................0
23.	Receivables from parent, subsidiaries and affiliates	.................................0	.................................0	.................................0	.................................0
24.	Health care ($	0 ) and other amounts receivable	.................................0	.................................0	.................................0	.................................0
25.	.......................................Aggregate write-ins for other-than-invested assets	................... 2,063,819	.................................0	................... 2,063,819	...................1,648,288
26.	Total assets excluding Separate Accounts, Segregated Accounts and
	Protected Cell Accounts (Lines 12 to 25)	............ 5,320,778,594	...................1,246,886	............ 5,319,531,708	............ 4,897,792,876
27.	From Separate Accounts, Segregated Accounts and Protected Cell
	Accounts	.................................0	.................................0	.................................0	.................................0
28.	Total (Lines 26 and 27)		5,320,778,594	1,246,886	5,319,531,708	4,897,792,876
	DETAILS OF WRITE-INS
1101.	......................................................................................................................	....................................	....................................	....................................	....................................
1102.	......................................................................................................................	....................................	....................................	....................................	....................................
1103.	......................................................................................................................	....................................	....................................	....................................	....................................
1198.	...................Summary of remaining write-ins for Line 11 from overflow page	.................................0	.................................0	.................................0	.................................0
1199.	Totals (Lines 1101 through 1103 plus 1198)(Line 11 above)	0	0	0	0
2501.	Cash held by third party administrator	564,147	0	564,147	1,092,238
2502.	.................................................................................................Admitted Disallowed IMR	1,499,672	.................................0	................... 1,499,672	...................... 556,050
2503.	...........................................................................................................................................................		....................................	....................................	....................................
2598.	...................Summary of remaining write-ins for Line 25 from overflow page	.................................0	.................................0	.................................0	.................................0
2599.	Totals (Lines 2501 through 2503 plus 2598)(Line 25 above)	2,063,819	0	2,063,819	1,648,288

ANNUAL STATEMENT FOR THE YEAR 2024 OF THE BROOKE LIFE INSURANCE COMPANY

LIABILITIES, SURPLUS AND OTHER FUNDS

					1	2
					Current Year	Prior Year
1.	Aggregate reserve for life contracts $	................194,302,917 (Exh. 5, Line 9999999) less $	0
	included in Line 6.3 (including $	13,659,327 Modco Reserve)	..........................................................................	194,302,917	221,456,820
2.	Aggregate reserve for accident and health contracts (including $	0 Modco Reserve)	0	0
3.	Liability for deposit-type contracts (Exhibit 7, Line 14, Col. 1) (including $	...................1,254,698	Modco Reserve)	................... 2,724,883	3,093,613

4. Contract claims:


4.1	Life (Exhibit 8, Part 1, Line 4.4, Col. 1 less Col. 6)	................... 7,253,838	12,512,808
4.2	Accident and health (Exhibit 8, Part 1, Line 4.4, Col. 6)	.................................0	0
5. Policyholders' dividends/refunds to members $	0 and coupons $	0 due
and unpaid (Exhibit 4, Line 10)	.................................0	0

6. Provision for policyholders' dividends, refunds to members and coupons payable in following calendar year - estimated amounts:

	6.1	Policyholders' dividends and refunds to members apportioned for payment (including $	0
		Modco)						.................................0	.................................0
	6.2	Policyholders' dividends and refunds to members not yet apportioned (including $	0	Modco) ....	..........................7,668	..........................8,602
	6.3	Coupons and similar benefits (including $	0	Modco)		.................................0	.................................0
7.	.......................................................................Amount provisionally held for deferred dividend policies not included in Line 6		.................................0	.................................0
8.	Premiums and annuity considerations for life and accident and health contracts received in advance less
	$	.................................0	.................................discount; including $	0 accident and health premiums (Exhibit 1,
	Part 1, Col. 1, sum of lines 4 and 14)					..........................1,471	..........................1,265
9.	Contract liabilities not included elsewhere:
	9.1	............................................................................................................................Surrender values on canceled contracts					.................................0	.................................0
	9.2	Provision for experience rating refunds, including the liability of $		.................................0	accident and health
		experience rating refunds of which $	0	is for medical loss ratio rebate per the Public Health
		Service Act						.................................0	.................................0
	9.3 Other amounts payable on reinsurance, including $	51,829 assumed and $	0
		ceded						........................ 51,829	........................ 10,409
	........................................................................................................................9.4 Interest maintenance reserve (IMR, Line 6)				.................................0	.................................0
10.	Commissions to agents due or accrued-life and annuity contracts $	.................................	0	accident and health

	$	.................................0 and deposit-type contract funds $	0		.................................0	.................................0
11.	Commissions and expense allowances payable on reinsurance assumed		.................................0	.................................0
12.	..................................................................................................General expenses due or accrued (Exhibit 2, Line 12, Col. 7)				........................ 23,758	........................ 27,258
13.	Transfers to Separate Accounts due or accrued (net) (including $	.................................	0	accrued for expense

	...........................................................................................allowances recognized in reserves, net of reinsured allowances)				.................................0	.................................0
14.	Taxes, licenses and fees due or accrued, excluding federal income taxes (Exhibit 3, Line 9, Col. 6)	.................................0	.................................0
15.1	Current federal and foreign income taxes, including $	0 on realized capital gains (losses)	.................................0	.................................0
15.2	.............................................................................................................................................................Net deferred tax liability						.................................0	.................................0
16.	...................................................................................................................................................Unearned investment income					........................ 10,938	........................ 13,023
17.	........................................................................................Amounts withheld or retained by reporting entity as agent or trustee				........................ 43,049	........................ 30,516
18.	Amounts held for agents' account, including $	0	agents' credit balances	.................................0	.................................0
19.	Remittances and items not allocated					............................. 168	...................... 185,099
20.	Net adjustment in assets and liabilities due to foreign exchange rates	.....................................................................................			.................................0	.................................0
21.	.......................................................................................Liability for benefits for employees and agents if not included above				.................................0	.................................0
22.	.................................Borrowed money $	0	and interest thereon $	.................................	0	............................................	0	0
23.	Dividends to stockholders declared and unpaid				0	0

24. Miscellaneous liabilities:


	24.01	...............................................................................................................Asset valuation reserve (AVR, Line 16, Col. 7)		................... 2,358,812	................... 3,553,210
	.................................24.02 Reinsurance in unauthorized and certified ($	0 ) companies	.................................0	.................................0
	24.03 Funds held under reinsurance treaties with unauthorized and certified ($	0 ) reinsurers	.................................0	.................................0
	24.04	Payable to parent, subsidiaries and affiliates		...................... 324,520	...................... 117,845
	24.05	Drafts outstanding			.................................0	.................................0
	24.06	............................................................................................................Liability for amounts held under uninsured plans		.................................0	.................................0
	24.07	........................................................................................................................................Funds held under coinsurance			.................................0	.................................0
	24.08	Derivatives			.................................0	.................................0
	24.09	Payable for securities			.................................0	.................................0
	24.10	Payable for securities lending			.................................0	.................................0
	.................................24.11 Capital notes $	0 and interest thereon $	.................................	0	.................................0	.................................0
25.	................................................................................................................................................Aggregate write-ins for liabilities			26,607,428	153,196
26.	.....................................................................................Total liabilities excluding Separate Accounts business (Lines 1 to 25)		233,711,279	241,163,664
27.	.........................................................................................................................................From Separate Accounts Statement			.................................0	.................................0
28.	Total liabilities (Lines 26 and 27)			233,711,279	241,163,664
29.	...............................................................................................................................................................Common capital stock			................. 51,500,000	................. 51,500,000
30.	...............................................................................................................................................................Preferred capital stock			.................................0	.................................0
31.	Aggregate write-ins for other-than-special surplus funds		.................................0	.................................0
32.	.............................................................................................................................................................................Surplus notes			............ 2,000,000,000	............ 2,000,000,000
33.	Gross paid in and contributed surplus (Page 3, Line 33, Col. 2 plus Page 4, Line 51.1, Col. 1)	...............................................	............ 1,241,188,014	............ 2,026,188,014
34.	............................................................................................................................Aggregate write-ins for special surplus funds		................... 1,499,672	...................... 556,050
35.	Unassigned funds (surplus)			1,791,632,743	578,385,148

36. Less treasury stock, at cost:

	36.1	0 shares common (value included in Line 29	$	.................................0	)	.................................0	.................................0
	36.2	0 shares preferred (value included in Line 30	$	.................................0	)	.................................0	.................................0
37.	Surplus (Total Lines 31+32+33+34+35-36) (including $	0 in Separate Accounts Statement)	5,034,320,429	4,605,129,212
38.	......................................................................................................................Totals of Lines 29, 30 and 37 (Page 4, Line 55)			5,085,820,429	4,656,629,212
39.	Totals of Lines 28 and 38 (Page 2, Line 28, Col. 3)				5,319,531,708	4,897,792,876
	DETAILS OF WRITE-INS
2501.	Interest payable on death claims
		...................... 119,206	...................... 153,196
2502.	Interest payable on surplus note			................. 26,488,222	.................................0
2503		....................................
2598.	..............................................................................................Summary of remaining write-ins for Line 25 from overflow page			.................................0	.................................0
2599.	Totals (Lines 2501 through 2503 plus 2598)(Line 25 above)				26,607,428	153,196
3101		....................................

3102		....................................
3103		....................................
3198.	Summary of remaining write-ins for Line 31 from overflow page	.................................0	.................................0
3199.	Totals (Lines 3101 through 3103 plus 3198)(Line 31 above)	0	0
3401.	Admitted Disallowed IMR	1,499,672	...................... 556,050

3402
3403
3498.	Summary of remaining write-ins for Line 34 from overflow page	0	.................................0
3499.	Totals (Lines 3401 through 3403 plus 3498)(Line 34 above)	1,499,672	556,050

ANNUAL STATEMENT FOR THE YEAR 2024 OF THE BROOKE LIFE INSURANCE COMPANY

SUMMARY OF OPERATIONS

		1	2
		Current Year	Prior Year
1.	Premiums and annuity considerations for life and accident and health contracts	................. 15,552,004	................. 17,413,243
2.	Considerations for supplementary contracts with life contingencies	.................................0	.................................0
3.	Net investment income (Exhibit of Net Investment Income, Line 17)	................720,289,653	................393,784,790
4.	Amortization of Interest Maintenance Reserve (IMR, Line 5)	.....................(372,575)	...................... 122,863
5.	Separate Accounts net gain from operations excluding unrealized gains or losses	.................................0	.................................0
6.	Commissions and expense allowances on reinsurance ceded (Exhibit 1, Part 2, Line 26.1, Col. 1)	........................ 69,137	........................ 76,956
7.	Reserve adjustments on reinsurance ceded	.....................(558,534)	.....................(994,386)
8.	Miscellaneous Income:
	8.1 Income from fees associated with investment management, administration and contract guarantees from Separate
	Accounts	.................................0	.................................0
	8.2 Charges and fees for deposit-type contracts	..........................4,487	........................ 35,233
	8.3 Aggregate write-ins for miscellaneous income	1,724	2,732

9.	Total (Lines 1 to 8.3)	734,985,896	410,441,431
10.	Death benefits	................. 16,631,216	................. 15,092,566
11.	Matured endowments (excluding guaranteed annual pure endowments)	.................................0	.................................0
12.	Annuity benefits (Exhibit 8, Part 2, Line 6.4, Cols. 4 + 5 minus Analysis of Operations Summary, Line 18, Col. 1)	................... 7,741,133	................... 9,245,575
13.	Disability benefits and benefits under accident and health contracts	.................................0	.................................0
14.	Coupons, guaranteed annual pure endowments and similar benefits	.................................0	.................................0
15.	Surrender benefits and withdrawals for life contracts	................. 23,472,156	................. 43,037,507
16.	Group conversions	.................................0	.................................0
17.	Interest and adjustments on contract or deposit-type contract funds	........................ 33,069	.....................(205,613)
18.	Payments on supplementary contracts with life contingencies	.................................0	.................................0
19.	Increase in aggregate reserves for life and accident and health contracts	(27,153,903)	(43,039,546)
20.	Totals (Lines 10 to 19)	20,723,671	................. 24,130,489
21.	Commissions on premiums, annuity considerations, and deposit-type contract funds (direct business only) (Exhibit 1, Part
	2, Line 31, Col. 1)	........................ 18,766	........................ 21,118
22.	Commissions and expense allowances on reinsurance assumed (Exhibit 1, Part 2, Line 26.2, Col. 1)	..........................1,281	..........................1,300
23.	General insurance expenses and fraternal expenses (Exhibit 2, Line 10, Columns 1, 2, 3, 4 and 6)	...................... 661,208	...................... 610,117
24.	Insurance taxes, licenses and fees, excluding federal income taxes (Exhibit 3, Line 7, Cols. 1 + 2 + 3 + 5)	.......................... 3,343	..........................2,715
25.	Increase in loading on deferred and uncollected premiums	........................ (1,562)	............................(335)
26.	Net transfers to or (from) Separate Accounts net of reinsurance	.................................0	.................................0
27.	Aggregate write-ins for deductions	0	0
28.	Totals (Lines 20 to 27)	21,406,707	24,765,404
29.	Net gain from operations before dividends to policyholders, refunds to members and federal income taxes (Line 9 minus
	Line 28)	713,579,189	385,676,027
30.	Dividends to policyholders and refunds to members	7,328	8,828
31.	Net gain from operations after dividends to policyholders, refunds to members and before federal income taxes (Line 29
	minus Line 30)	713,571,861	385,667,199
32.	Federal and foreign income taxes incurred (excluding tax on capital gains)	(108,655)	(5,862)

33. Net gain from operations after dividends to policyholders, refunds to members and federal income taxes and before

	realized capital gains or (losses) (Line 31 minus Line 32)		713,680,516	385,673,061
34.	Net realized capital gains (losses) (excluding gains (losses) transferred to the IMR) less capital gains tax of
	$	431,102 (excluding taxes of $	......................................(389,812) transferred to the IMR)	(431,102)	(496,011)
35.	Net income (Line 33 plus Line 34)		713,249,414	................385,177,050
		CAPITAL AND SURPLUS ACCOUNT
36.	...................................................................................Capital and surplus, December 31, prior year (Page 3, Line 38, Col. 2)	4,656,629,212	5,965,253,311
37.	Net income (Line 35)		713,249,414	................385,177,050
38.	..................Change in net unrealized capital gains (losses) less capital gains tax of $	(125,128)	................499,918,074	.......... (1,183,940,464)
39.	.................................................................................................Change in net unrealized foreign exchange capital gain (loss)		.................................0	.................................0
40.	...........................................................................................................................................Change in net deferred income tax		.....................(125,128)	...................... 214,253
41.	Change in nonadmitted assets		...................... (45,540)	...................... (49,549)
42.	Change in liability for reinsurance in unauthorized and certified companies	.................................0	.................................0
43.	................................................................Change in reserve on account of change in valuation basis (increase) or decrease	.................................0	.................................0
44.	............................................................................................................................................Change in asset valuation reserve		................... 1,194,398	.......................(25,389)
45.	..........................................................................Change in treasury stock (Page 3, Lines 36.1 and 36.2, Col. 2 minus Col. 1)	.................................0	.................................0
46.	Surplus (contributed to) withdrawn from Separate Accounts during period	.................................0	.................................0
47.	Other changes in surplus in Separate Accounts Statement		.................................0	.................................0
48.	............................................................................................................................................................Change in surplus notes		.................................0	.................................0
49.	Cumulative effect of changes in accounting principles		.................................0	.................................0
50.	Capital changes:
	50.1 Paid in			.................................0	.................................0
	50.2 Transferred from surplus (Stock Dividend)		.................................0	.................................0
	.......................................................................................................................................................50.3 Transferred to surplus		.................................0	.................................0
51.	Surplus adjustment:
	51.1 Paid in			..............(785,000,000)	..............(150,000,000)
	51.2 Transferred to capital (Stock Dividend)		.................................0	.................................0
	51.3 Transferred from capital		.................................0	.................................0
	....................................................................................................................51.4 Change in surplus as a result of reinsurance		.................................0	.................................0
52.	.........................................................................................................................................................Dividends to stockholders		.................................0	..............(360,000,000)
53.	Aggregate write-ins for gains and losses in surplus		0	0
54.	Net change in capital and surplus for the year (Lines 37 through 53)	429,191,217	(1,308,624,099)
55.	Capital and surplus, December 31, current year (Lines 36 + 54) (Page 3, Line 38)		5,085,820,429	4,656,629,212
	DETAILS OF WRITE-INS
..........................................................................................................................................................................................08.301. Miscellaneous income		1,724	.......................... 2,732
08.302.	........................................................................................................................................................................................................................................				....................................
08.303.	........................................................................................................................................................................................................................................				....................................
08.398. Summary of remaining write-ins for Line 8.3 from overflow page	.............................................................................................	.................................0	.................................0
08.399. Totals (Lines 08.301 through 08.303 plus 08.398)(Line 8.3 above)		1,724	2,732
2701		....................................

2702		....................................
2703		....................................
2798.	Summary of remaining write-ins for Line 27 from overflow page	.................................0	.................................0
2799.	Totals (Lines 2701 through 2703 plus 2798)(Line 27 above)	0	0
5301		....................................

5302
5303
5398.	Summary of remaining write-ins for Line 53 from overflow page	0	.................................0
5399.	Totals (Lines 5301 through 5303 plus 5398)(Line 53 above)	0	0

ANNUAL STATEMENT FOR THE YEAR 2024 OF THE BROOKE LIFE INSURANCE COMPANY

CASH FLOW

Cash from Operations

Current Year

Prior Year

1.	.....................................................................................................................................Premiums collected net of reinsurance	................. 15,706,207	................. 18,386,037
2.	..............................................................................................................................................................Net investment income	................747,016,187	................367,715,331
3.	...............................................................................................................................................................Miscellaneous income	70,861	79,688
4.	Total (Lines 1 through 3)	762,793,255	386,181,056
5.	Benefit and loss related payments	................. 53,708,535	................. 70,115,383
6.	.......................................................Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts	.................................0	.................................0
7.	.....................................................................................Commissions, expenses paid and aggregate write-ins for deductions	...................... 684,598	...................... 648,955
8.	.................................................................................................................................................Dividends paid to policyholders	..........................8,261	..........................8,945
9.	.................................Federal and foreign income taxes paid (recovered) net of $	0 tax on capital gains (losses)	0	0
10.	Total (Lines 5 through 9)	54,401,394	70,773,283
11.	Net cash from operations (Line 4 minus Line 10)	708,391,861	315,407,773
		Cash from Investments
12.	Proceeds from investments sold, matured or repaid:
	12.1	Bonds	................. 27,339,782	................. 41,707,653
	12.2	Stocks	............ 1,720,900,000	............... 150,000,000
	12.3	Mortgage loans	.................................0	.................................0
	12.4	Real estate	.................................0	.................................0
	12.5	Other invested assets	................... 3,053,744	................... 3,641,748
	12.6	Net gains or (losses) on cash, cash equivalents and short-term investments	..................................................................	.................................0	.................................0
	12.7	Miscellaneous proceeds	12,518	0
	12.8 Total investment proceeds (Lines 12.1 to 12.7)	............ 1,751,306,044	................195,349,401
13.	Cost of investments acquired (long-term only):
	13.1	Bonds	...................1,211,886	.................................0
	13.2	Stocks	............ 1,670,900,000	.................................0
	13.3	Mortgage loans	.................................0	.................................0
	13.4	Real estate	.................................0	.................................0
	13.5	Other invested assets	...................... 120,272	...................... 409,271
	13.6	Miscellaneous applications	0	21,007
	13.7	Total investments acquired (Lines 13.1 to 13.6)	1,672,232,158	430,278
14.	Net increase/(decrease) in contract loans and premium notes	(39,472)	(130,113)
15.	Net cash from investments (Line 12.8 minus Line 13.7 minus Line 14)	79,113,358	195,049,236
		Cash from Financing and Miscellaneous Sources
16.	Cash provided (applied):
	16.1	Surplus notes, capital notes	.................................0	.................................0
	................................................................................................................16.2 Capital and paid in surplus, less treasury stock	..............(785,000,000)	..............(150,000,000)
	.................................................................................................................................................................16.3 Borrowed funds	.................................0	.................................0
	..............................................................................16.4 Net deposits on deposit-type contracts and other insurance liabilities	.....................(340,187)	.....................(349,038)

	.................................................................................................................................................16.5 Dividends to stockholders	.................................0	................360,000,000
	16.6 Other cash provided (applied)	559,199	9,068
17.	Net cash from financing and miscellaneous sources (Lines 16.1 to 16.4 minus Line 16.5 plus Line 16.6)	(784,780,988)	(510,339,970)
		RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS
18.	........................................Net change in cash, cash equivalents and short-term investments (Line 11, plus Lines 15 and 17)	2,724,231	117,039
19.	Cash, cash equivalents and short-term investments:
	...............................................................................................................................................................19.1 Beginning of year	................... 1,243,962	................... 1,126,923
	19.2 End of year (Line 18 plus Line 19.1)		3,968,193	1,243,962

Note: Supplemental disclosures of cash flow information for non-cash transactions:

20.0001. Debt	& equity securities	acquired from exchange transactions	................... 1,322,238	.................................0
20.0002. Debt	& equity securities	disposed from exchange transactions	................. (1,322,238)	.................................0
....................................................................................................20.0003. Non-cashexchange of financial assets with subsidiary	................198,933,927	.................................0

ANNUAL STATEMENT FOR THE YEAR 2024 OF THE BROOKE LIFE INSURANCE COMPANY

ANALYSIS OF OPERATIONS BY LINES OF BUSINESS - SUMMARY

		1	2	3	4	5	6	7		8		9
										Other Lines of		YRT Mortality
		Total	Individual Life	Group Life	Individual Annuities	Group Annuities	Accident and Health	Fraternal		Business		Risk Only
1.	Premiums and annuity considerations for life and accident and health contracts	.................. 15,552,004	.........................38,576	................................. 0	....................... 144,732	................................. 0	................................. 0	.................................	0	.................................	0	.................. 15,368,696
2.	Considerations for supplementary contracts with life contingencies	................................. 0	...............XXX	...............XXX	................................. 0	................................. 0	...............XXX	...............XXX	.................................	0	...............XXX
3.	Net investment income	.................720,289,653	.................. 42,365,721	................................. 0	.................671,076,986	................................. 0	................................. 0	.................................	0	.................................	0	.................... 6,846,946
4.	Amortization of Interest Maintenance Reserve (IMR)	......................(372,575)	....................... (21,914)	................................. 0	(347,119)	0	0	.................................	0	.................................	0	(3,542)
5.	Separate Accounts net gain from operations excluding unrealized gains or losses	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	...............XXX	.................................	0	................................. 0
6.	Commissions and expense allowances on reinsurance ceded	......................... 69,137	......................... 69,137	................................. 0	................................. 0	................................. 0	................................. 0	...............XXX	.................................	0	................................. 0
7.	Reserve adjustments on reinsurance ceded	......................(558,534)	......................(558,534)	................................. 0	0	0	0	...............XXX	.................................	0	0
8.	Miscellaneous Income:
	8.1 Income from fees associated with investment management, administration and
	contract guarantees from Separate Accounts	................................. 0	................................. 0	................................. 0	0	0	0	...............XXX	.................................	0	0
	8.2 Charges and fees for deposit-type contracts	.......................... 4,487	................................. 0	................................. 0	.......................... 4,487	................................. 0	...............XXX	...............XXX	.................................	0	................................. 0
	8.3 Aggregate write-ins for miscellaneous income	1,724	101	0	1,607	0	0		0		0	16
9.	Totals (Lines 1 to 8.3)	734,985,896	41,893,087	0	670,880,693	0	0		0		0	22,212,116
10.	Death benefits	...................16,631,216	....................... 263,139	................................. 0	................................. 0	................................. 0	...............XXX	...............XXX	.................................	0	.................. 16,368,077
11.	Matured endowments (excluding guaranteed annual pure endowments)	................................. 0	................................. 0	................................. 0	0	0	...............XXX	...............XXX	.................................	0	0
12.	Annuity benefits	.................... 7,741,133	...............XXX	...............XXX	.................... 7,741,133	................................. 0	...............XXX	...............XXX	.................................	0	...............XXX
13.	Disability benefits and benefits under accident and health contracts	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	...............XXX	.................................	0	................................. 0
14.	Coupons, guaranteed annual pure endowments and similar benefits	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	...............XXX	.................................	0	................................. 0
15.	Surrender benefits and withdrawals for life contracts	.................. 23,472,156	.........................50,376	................................. 0	23,421,780	0	...............XXX	...............XXX	.................................	0	0
16.	Group conversions	................................. 0	................................. 0	................................. 0	0	0	0	...............XXX	.................................	0	0
17.	Interest and adjustments on contract or deposit-type contract funds	.........................33,069	................................. 0	................................. 0	.........................33,069	................................. 0	................................. 0	...............XXX	.................................	0	................................. 0
18.	Payments on supplementary contracts with life contingencies	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	...............XXX	...............XXX	.................................	0	................................. 0
19.	Increase in aggregate reserves for life and accident and health contracts	(27,153,903)	(711,837)	0	(26,193,998)	0	0	XXX			0	(248,068)
20.	Totals (Lines 10 to 19)	.................. 20,723,671	......................(398,322)	................................. 0	.................... 5,001,984	................................. 0	................................. 0	...............XXX	.................................	0	...................16,120,009
21.	Commissions on premiums, annuity considerations and deposit-type contract funds
	(direct business only)	.........................18,766	................................. 0	................................. 0	.........................18,766	................................. 0	................................. 0	.................................	0	.................................	0	...............XXX
22.	Commissions and expense allowances on reinsurance assumed	...........................1,281	...........................1,281	................................. 0	................................. 0	................................. 0	................................. 0	...............XXX	.................................	0	................................. 0
23.	General insurance expenses and fraternal expenses	....................... 661,208	.........................38,891	................................. 0	616,032	0	0	.................................	0	.................................	0	6,285
24.	Insurance taxes, licenses and fees, excluding federal income taxes	...........................3,343	...........................2,014	................................. 0	1,297	0	0	.................................	0	.................................	0	32
25.	Increase in loading on deferred and uncollected premiums	.........................(1,562)	.........................(1,562)	................................. 0	................................. 0	................................. 0	................................. 0	...............XXX	.................................	0	................................. 0
26.	Net transfers to or (from) Separate Accounts net of reinsurance	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	...............XXX	.................................	0	................................. 0
27.	Aggregate write-ins for deductions	0	0	0	0	0	0		0		0	0
28.	Totals (Lines 20 to 27)	21,406,707	(357,698)	0	5,638,079	0	0		0		0	16,126,326
29.	Net gain from operations before dividends to policyholders, refunds to members and
	federal income taxes (Line 9 minus Line 28)	.................713,579,189	.................. 42,250,785	................................. 0	.................665,242,614	................................. 0	................................. 0	.................................	0	.................................	0	.................... 6,085,790
30.	Dividends to policyholders and refunds to members	7,328	7,328	0	0	0	0	XXX			0	0
31.	Net gain from operations after dividends to policyholders, refunds to members and
	before federal income taxes (Line 29 minus Line 30)	.................713,571,861	.................. 42,243,457	................................. 0	.................665,242,614	................................. 0	................................. 0	.................................	0	.................................	0	.................... 6,085,790
32.	Federal income taxes incurred (excluding tax on capital gains)	(108,655)	(6,433)	0	(101,296)	0	0		0		0	(926)
33.	Net gain from operations after dividends to policyholders, refunds to members and
	federal income taxes and before realized capital gains or (losses) (Line 31 minus
	Line 32)	713,680,516	42,249,890	0	665,343,910	0	0		0		0	6,086,716
34.	Policies/certificates in force end of year	1,931	30	0	1,901	0	0	XXX			0	0
	DETAILS OF WRITE-INS
..............................................................................................08.301. Miscellaneous income	...........................1,724	..............................101	................................. 0	...........................1,607	................................. 0	................................. 0	.................................	0	.................................	0	............................... 16
.08.302	................................................................................................................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................
.08.303	................................................................................................................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................
08.398. Summary of remaining write-ins for Line 8.3 from overflow page	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	.................................	0	.................................	0	................................. 0
08.399. Totals (Lines 08.301 through 08.303 plus 08.398) (Line 8.3 above)	1,724	101	0	1,607	0	0		0		0	16
2701	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................
2702	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................
2703	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................
2798.	Summary of remaining write-ins for Line 27 from overflow page	................................. 0	................................. 0	................................. 0	0	0	0	.................................	0	.................................	0	0
2799.	Totals (Lines 2701 through 2703 plus 2798) (Line 27 above)	0	0	0	0	0	0		0		0	0

6.1

ANNUAL STATEMENT FOR THE YEAR 2024 OF THE BROOKE LIFE INSURANCE COMPANY

ANALYSIS OF OPERATIONS BY LINES OF BUSINESS - INDIVIDUAL LIFE INSURANCE (b)

		1	2	3		4		5		6	7	8		9		10		11		12
											Universal Life
											With Secondary			Variable		Credit Life		Other Individual		YRT Mortality
		Total	Industrial Life	Whole Life		Term Life	Indexed Life	Universal Life	Guarantees	Variable Life		Universal Life		(c)		Life		Risk Only
1.	Premiums for life contracts(a)	.............10,070,023	0	.................. 15,844		...................21,606		..........................0		....................1,126	..........................0	..........................	0	..........................	0	..........................	0	..........................	0	............ 10,031,447
2.	Considerations for supplementary contracts with life contingencies	...........XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX

3.	Net investment income	.............48,948,675	0	.............20,383,815		................. 487,206		..........................0		............ 21,494,700	..........................0	..........................	0	..........................	0	..........................	0	..........................	0	.............. 6,582,954
4.	Amortization of Interest Maintenance Reserve (IMR)	.................(25,319)	..........................0	.................(10,544)		..................... (252)		..........................0		.................(11,118)	..........................0	..........................	0	..........................	0	..........................	0	..........................	0	.................. (3,405)

5. Separate Accounts net gain from operations excluding unrealized gains or

	losses	0	0	0	0	0	0	0	0	0	0	0	0
6.	Commissions and expense allowances on reinsurance ceded	.................. 69,137	..........................0	.................. 33,265	.......................795	..........................0	.................. 35,077	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0
7.	Reserve adjustments on reinsurance ceded	(558,534)	0	(268,733)	(6,423)	0	(283,378)	0	0	0	0	0	0

8. Miscellaneous Income:

	8.1 Income from fees associated with investment management,
	administration and contract guarantees from Separate Accounts	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	0	..........................0	..........................0	..........................0	..........................0
	8.2 Charges and fees for deposit-type contracts	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0
	8.3 Aggregate write-ins for miscellaneous income	117	0	49	1	0	51	0	0	0	0	0	16
9.	Totals (Lines 1 to 8.3)	58,504,099	0	20,153,696	502,933	0	21,236,458	0	0	0	0	0	16,611,012
10.	Death benefits	.............11,271,028	0	.................175,636	.................. 24,907	..........................0	...................62,596	..........................0	..........................0	..........................0	..........................0	..........................0	.............11,007,889
11.	Matured endowments (excluding guaranteed annual pure endowments)	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	0	..........................0	..........................0	..........................0	..........................0
12.	Annuity benefits	...........XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX	XXX
13.	...........Disability benefits and benefits under accident and health contracts	..........................0	0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0
14.	..........Coupons, guaranteed annual pure endowments and similar benefits	..........................0	0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0
15.	................................Surrender benefits and withdrawals for life contracts	.................. 50,376	0	...................46,208	....................1,553	..........................0	....................2,615	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0
16.	Group conversions	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0
17.	Interest and adjustments on contract or deposit-type contract funds	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0
18.	Payments on supplementary contracts with life contingencies	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	..........................0	0	..........................0	..........................0	..........................0	..........................0
19.	Increase in aggregate reserves for life and accident and health contracts ...	(954,472)	0	(290,350)	(28,541)	0	(392,946)	0	0	0	0	0	(242,635)
20.	Totals (Lines 10 to 19)	.............10,366,932	0	................. (68,506)	.................. (2,081)	..........................0	............... (327,735)	..........................0	..........................0	..........................0	..........................0	..........................0	.............10,765,254

21. Commissions on premiums, annuity considerations and deposit-type

	contract funds (direct business only)	0		0	0	0	0	..........................	0		0		0	0	0	0		...........XXX
22.	Commissions and expense allowances on reinsurance assumed	1,281		0	523	1	0	.......................	757		0		0	0	0	0		0
23.	General insurance expenses	44,934		0	18,712	447	0	..................	19,732		0		0	0	0	0		6,043
24.	Insurance taxes, licenses and fees, excluding federal income taxes				0		969		23		0	....................	1,022		0		0		0		0		0		32
	2,046
25.	Increase in loading on deferred and uncollected premiums					..........................0			.......................(96)			.................. (1,466)			..........................0	..........................	0		..........................0		0			..........................0			..........................0			..........................0		..........................0
	.................. (1,562)
26.	Net transfers to or (from) Separate Accounts net of reinsurance															..........................	0
	..........................0			..........................0			..........................0			..........................0			..........................0				..........................0		0		..........................0			..........................0			..........................0		..........................0
27.	Aggregatewrite-insfor deductions		0		0			0			0			0			0		0		0			0			0			0		0
28.	Totals (Lines 20 to 27)		10,413,631		0			(48,398)			(3,076)			0		(306,224)		0		0			0			0			0		10,771,329
29.	Net gain from operations before dividends to policyholders, refunds to
	members and federal income taxes (Line 9 minus Line 28)	.............48,090,468		0			.............20,202,094			................. 506,009			..........................0	.............	21,542,682		..........................0		..........................0			..........................0			..........................0			..........................0		.............. 5,839,683
30.	Dividends to policyholders and refunds to members		7,328		0			7,181			147			0			0		0		0			0			0			0		0
31.	Net gain from operations after dividends to policyholders, refunds to
	members and before federal income taxes (Line 29 minus Line 30)		.............48,083,140		0			............ 20,194,913			................. 505,862			..........................0	.............	21,542,682		..........................0		..........................0			..........................0			..........................0			..........................0		.............. 5,839,683
32.	Federal income taxes incurred (excluding tax on capital gains)		(7,322)		0			(3,075)			(77)			0		(3,281)		0		0			0			0			0		(889)
33.	Net gain from operations after dividends to policyholders, refunds to
	members and federal income taxes and before realized capital gains or
	(losses) (Line 31 minus Line 32)		48,090,462		0			20,197,988			505,939			0		21,545,963		0		0			0			0			0		5,840,572
34.	Policies/certificates in force end of year		30		0			30			0			0			0		0		0			0			0			0		0
	DETAILS OF WRITE-INS
08.301.	Miscellaneous income		.......................117		0			........................ 49			..........................1			..........................0	........................	51		..........................0		..........................0			..........................0			..........................0			..........................0		........................ 16

08.302.	.........................................................................................................		.............................			.............................			.............................			.............................			.............................	.............................			.............................		.............................			.............................			.............................			.............................		.............................
08.303.	.........................................................................................................		.............................			.............................			.............................			.............................			.............................	.............................			.............................		.............................			.............................			.............................			.............................		.............................
08.398. Summary of remaining write-ins for Line 8.3 from overflow page		..........................0		0			..........................0			..........................0			..........................0	..........................	0		..........................0		..........................0		..........................0			..........................0			..........................0		..........................0

08.399. Totals (Lines 08.301 through 08.303 plus 08.398) (Line 8.3 above)		117		0			49			1			0			51		0		0			0			0			0		16
2701	.............................	.............................		.............................			.............................			.............................	.............................		.............................		.............................			.............................			.............................			.............................		.............................
2702	.............................	.............................		.............................		.............................		.............................	.............................	.............................	.............................		.............................		.............................		.............................	.............................
2703	.............................	.............................		.............................		.............................		.............................	.............................	.............................	.............................		.............................		.............................		.............................	.............................
2798.	Summary of remaining write-ins for Line 27 from overflow page		..........................0		0			..........................0			..........................0		..........................0	..........................	0		..........................0		..........................0		..........................0		..........................0		..........................0		..........................0

2799.	Totals (Lines 2701 through 2703 plus 2798) (Line 27 above)		0			0			0			0			0			0		0		0			0			0			0		0
(a) Include premium amounts for preneed plans included in Line 1	0
(b) Indicate if blocks of business in run-off that comprise less than 5% of premiums and less than 5% of reserve and loans liability are aggregated with material blocks of business and which columns are affected.	......................................................................................................................................................................................
(c) Individual and Group Credit Life are combined and included on							page. (Indicate whether included with Individual or Group.)

6.2

ANNUAL STATEMENT FOR THE YEAR 2024 OF THE BROOKE LIFE INSURANCE COMPANY

ANALYSIS OF OPERATIONS BY LINES OF BUSINESS - GROUP LIFE INSURANCE (c)

		1	2	3	4	5	6	7	8	9
							Variable Universal	Credit Life	Other Group Life	YRT Mortality
		Total	Whole Life	Term Life	Universal Life	Variable Life	Life	(d)	(a)	Risk Only
1.	Premiums for life contracts (b)	...................5,337,249	............................... 0	0	............................... 0	............................... 0	0	............................... 0	............................... 0	...................5,337,249
2.	Considerations for supplementary contracts with life contingencies	...............XXX	...............XXX	...............XXX	...............XXX	...............XXX	...............XXX	...............XXX	...............XXX	...............XXX
3.	Net investment income	......................263,992	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	......................263,992
4.	Amortization of Interest Maintenance Reserve (IMR)	...........................(137)	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	...........................(137)
5.	Separate Accounts net gain from operations excluding unrealized gains or losses	............................... 0	0	0	0	............................... 0	0	............................... 0	............................... 0	............................... 0
6.	Commissions and expense allowances on reinsurance ceded	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0
7.	Reserve adjustments on reinsurance ceded	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0
8.	Miscellaneous Income:
	8.1 Income from fees associated with investment management, administration and contract
	guarantees from Separate Accounts	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	0	............................... 0	............................... 0
	8.2 Charges and fees for deposit-type contracts	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0
	8.3 Aggregate write-ins for miscellaneous income	0	0	0	0	0	0	0	0	0
9.	Totals (Lines 1 to 8.3)	5,601,104	0	0	0	0	0	0	0	5,601,104
10.	Death benefits	.................. 5,360,188	............................... 0	............................... 0	............................... 0	............................... 0	0	............................... 0	............................... 0	.................. 5,360,188
11.	Matured endowments (excluding guaranteed annual pure endowments)	............................... 0	0	0	0	............................... 0	0	............................... 0	............................... 0	............................... 0
12.	Annuity benefits	...............XXX	...............XXX	...............XXX	...............XXX	...............XXX	...............XXX	...............XXX	...............XXX	...............XXX
13.	Disability benefits and benefits under accident and health contracts	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0
14.	Coupons, guaranteed annual pure endowments and similar benefits	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0
15.	Surrender benefits and withdrawals for life contracts	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	0	............................... 0	............................... 0
16.	Group conversions	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	0	............................... 0	............................... 0
17.	Interest and adjustments on contract or deposit-type contract funds	............................... 0	0	0	0	............................... 0	0	............................... 0	............................... 0	............................... 0
18.	Payments on supplementary contracts with life contingencies	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0
19.	Increase in aggregate reserves for life and accident and health contracts	....................... (5,433)	............................... 0	0	............................... 0	............................... 0	0	............................... 0	............................... 0	....................... (5,433)
20.	Totals (Lines 10 to 19)	.................. 5,354,755	............................... 0	0	............................... 0	............................... 0	0	............................... 0	............................... 0	.................. 5,354,755

21. Commissions on premiums, annuity considerations and deposit-type contract funds (direct

	business only)	0	0	0	0	0	0	0	0	...............XXX
22.	Commissions and expense allowances on reinsurance assumed	0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0
23.	General insurance expenses	............................ 242	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................ 242
24.	Insurance taxes, licenses and fees, excluding federal income taxes	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0
25.	Increase in loading on deferred and uncollected premiums	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0
26.	Net transfers to or (from) Separate Accounts net of reinsurance	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0
27.	Aggregate write-ins for deductions	0	0	0	0	0	0	0	0	0
28.	Totals (Lines 20 to 27)	5,354,997	0	0	0	0	0	0	0	5,354,997
29.	Net gain from operations before dividends to policyholders, refunds to members and federal
	income taxes (Line 9 minus Line 28)	......................246,107	............................... 0	0	............................... 0	............................... 0	0	............................... 0	............................... 0	......................246,107
30.	Dividends to policyholders and refunds to members	0	0	0	0	0	0	0	0	0
31.	Net gain from operations after dividends to policyholders, refunds to members and before
	federal income taxes (Line 29 minus Line 30)	......................246,107	............................... 0	0	............................... 0	............................... 0	0	............................... 0	............................... 0	......................246,107
32.	Federal income taxes incurred (excluding tax on capital gains)	(37)	0	0	0	0	0	0	0	(37)
33.	Net gain from operations after dividends to policyholders, refunds to members and federal
	income taxes and before realized capital gains or (losses) (Line 31 minus Line 32)	246,144	0	0	0	0	0	0	0	246,144
34.	Policies/certificates in force end of year	0	0	0	0	0	0	0	0	0
	DETAILS OF WRITE-INS
.08.301	..........................................................................................................................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................
.08.302	..........................................................................................................................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................
.08.303	..........................................................................................................................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................
.........................................08.398. Summary of remaining write-ins for Line 8.3 from overflow page	............................... 0	............................... 0	0	............................... 0	............................... 0	0	............................... 0	............................... 0	............................... 0
08.399. Totals (Lines 08.301 through 08.303 plus 08.398) (Line 8.3 above)	0	0	0	0	0	0	0	0	0
2701	...................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................
2702	...................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................
2703	...................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................	...................................
2798.	Summary of remaining write-ins for Line 27 from overflow page	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0	............................... 0
2799.	Totals (Lines 2701 through 2703 plus 2798) (Line 27 above)	0	0	0	0	0	0	0	0	0

(a) Includes the following amounts for FEGLI/SGLI:	Line 1	0 , Line 10	0 , Line 16	0 , Line 23	0 , Line 24	0
(b) Include premium amounts for preneed plans included in Line 1	0
(c) Indicate if blocks of business in run-off that comprise less than 5% of premiums and less than 5% of reserve and loans liability are aggregated with material blocks of business and which columns are affected.	......................................................................................................................................................................................
(d) Individual and Group Credit Life are combined and included on	page. (Indicate whether included with Individual or Group.)

6.3

ANNUAL STATEMENT FOR THE YEAR 2024 OF THE BROOKE LIFE INSURANCE COMPANY

ANALYSIS OF OPERATIONS BY LINES OF BUSINESS - INDIVIDUAL ANNUITIES (a)

		1		Deferred		6	7
			2	3	4	5	Life Contingent
					Variable Annuities	Variable Annuities	Payout (Immediate
		Total	Fixed Annuities	Indexed Annuities	with Guarantees	Without Guarantees	and Annuitizations)	Other Annuities
1.	Premiums for individual annuity contracts	....................... 144,732	....................... 144,732	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
2.	Considerations for supplementary contracts with life contingencies	................................. 0	...............XXX	...............XXX	...............XXX	...............XXX	................................. 0	...............XXX
3.	Net investment income	.................671,076,986	.................651,047,570	................................. 0	................................. 0	................................. 0	...................20,029,416	................................. 0
4.	Amortization of Interest Maintenance Reserve (IMR)	......................(347,119)	(336,759)	0	0	0	....................... (10,360)	0
5.	Separate Accounts net gain from operations excluding unrealized gains or losses	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
6.	Commissions and expense allowances on reinsurance ceded	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
7.	Reserve adjustments on reinsurance ceded	................................. 0	0	0	0	0	................................. 0	0
8.	Miscellaneous Income:
	8.1 Income from fees associated with investment management, administration and contract guarantees from Separate Accounts	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
	8.2 Charges and fees for deposit-type contracts	.......................... 4,487	.......................... 4,487	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
	8.3 Aggregate write-ins for miscellaneous income	1,607	1,559	0	0	0	48	0
9.	Totals (Lines 1 to 8.3)	670,880,693	650,861,589	0	0	0	20,019,104	0
10.	Death benefits	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
							................................. 0
11.	Matured endowments (excluding guaranteed annual pure endowments)	................................. 0	0	0	0	0	0
12.	Annuity benefits	.................... 7,741,133	.................... 7,510,086	................................. 0	................................. 0	................................. 0	....................... 231,047	................................. 0
13.	Disability benefits and benefits under accident and health contracts	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
14.	Coupons, guaranteed annual pure endowments and similar benefits	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
15.	Surrender benefits and withdrawals for life contracts	.................. 23,421,780	23,421,780	0	0	0	................................. 0	0
16.	Group conversions	................................. 0	0	0	0	0	................................. 0	0
17.	Interest and adjustments on contract or deposit-type contract funds	.........................33,069	.........................33,069	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
18.	Payments on supplementary contracts with life contingencies	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
19.	Increase in aggregate reserves for life and accident and health contracts	(26,193,998)	(25,729,527)	0	0	0	(464,471)	0
20.	Totals (Lines 10 to 19)	.................... 5,001,984	....................5,235,408	................................. 0	................................. 0	................................. 0	......................(233,424)	................................. 0
21.	Commissions on premiums, annuity considerations and deposit-type contract funds (direct business only)	.........................18,766	.........................18,766	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
22.	Commissions and expense allowances on reinsurance assumed	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
23.	General insurance expenses	....................... 616,032	597,645	0	0	0	.........................18,387	0
24.	Insurance taxes, licenses and fees, excluding federal income taxes	...........................1,297	1,258	0	0	0	............................... 39	0
25.	Increase in loading on deferred and uncollected premiums	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
26.	Net transfers to or (from) Separate Accounts net of reinsurance	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
27.	Aggregate write-ins for deductions	0	0	0	0	0	0	0
28.	Totals (Lines 20 to 27)	5,638,079	5,853,077	0	0	0	(214,998)	0
29.	Net gain from operations before dividends to policyholders, refunds to members and federal income taxes (Line 9 minus Line 28)	.................665,242,614	.................645,008,512	................................. 0	................................. 0	................................. 0	.................. 20,234,102	................................. 0
30.	Dividends to policyholders and refunds to members	0	0	0	0	0	0	0
31.	Net gain from operations after dividends to policyholders, refunds to members and before federal income taxes (Line 29 minus Line 30) .	.................665,242,614	.................645,008,512	................................. 0	................................. 0	................................. 0	.................. 20,234,102	................................. 0
32.	Federal income taxes incurred (excluding tax on capital gains)	(101,296)	(98,215)	0	0	0	(3,081)	0
33.	Net gain from operations after dividends to policyholders, refunds to members and federal income taxes and before realized capital
	gains or (losses) (Line 31 minus Line 32)	665,343,910	645,106,727	0	0	0	20,237,183	0
34.	Policies/certificates in force end of year	1,901	1,857	0	0	0	44	0
	DETAILS OF WRITE-INS
08.301. Miscellaneous income	...........................1,607	1,559	0	0	0	............................... 48	0
.08.302	..........................................................................................................................................................................................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................
.08.303	..........................................................................................................................................................................................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................
08.398. Summary of remaining write-ins for Line 8.3 from overflow page	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
08.399. Totals (Lines 08.301 through 08.303 plus 08.398) (Line 8.3 above)	1,607	1,559	0	0	0	48	0
2701	....................................	....................................	....................................	....................................	....................................	....................................	....................................

2702.	........................................................................................................................................................................................................... .................................... .................................... .................................... .................................... .................................... .................................... ....................................
2703.	...........................................................................................................................................................................................................	....................................	....................................	....................................	....................................	....................................	....................................	....................................
2798.	Summary of remaining write-ins for Line 27 from overflow page	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0	................................. 0
2799.	Totals (Lines 2701 through 2703 plus 2798) (Line 27 above)	0	0	0	0	0	0	0

(a) Indicate if blocks of business in run-off that comprise less than 5% of premiums and less than 5% of reserve and loans liability are aggregated with material blocks of business and which which columns are affected.

............................................................................................................................................................................

Attachments

Disclaimer

Jackson Financial Inc. published this content on March 04, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on March 04, 2025 at 21:44:09.470.