Vericity General and Administrative Expenses 2011-2025 | VERY

General and Administrative Expenses — these are a part of a company's operating expenses that are not directly related to the production of goods or the provision of services but are necessary for the overall functioning of the business.

What these expenses include

Salaries of administrative staff (executives, HR, accountants, legal personnel)
Office rent and utilities
Office equipment and IT infrastructure
Professional services (auditors, lawyers, consultants)
Insurance
General administrative travel and representation expenses

What the metric indicates

Cost control
A high level of such expenses may indicate inefficient management or an overly complex structure
Profitability
Reducing administrative expenses while maintaining stable revenue increases operating profit
Comparative analysis
Investors can compare this metric as a percentage of revenue among companies in the same industry
Business flexibility
Companies with a flexible and controlled expense structure are more resilient to revenue declines

Annual General and Administrative Expenses Vericity

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
-	-	-	-	-	68.4 M	55.9 M	-	-	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
68.4 M	55.9 M	62.1 M

General and Administrative Expenses of other stocks in the Insurance life industry

Issuer	General and Administrative Expenses	Price	% 24h	Market Cap	Country
FBL Financial Group, Inc. FFG	9.81 M	-	0.03 %	$ 1.49 B	USA
GWG Holdings, Inc. GWGH	23.1 M	-	-7.07 %	$ 95.7 M	USA
Brighthouse Financial BHF	77 M	$ 65.4	-	$ 4 B	USA
American Equity Investment Life Holding Company AEL	82.9 M	-	0.55 %	$ 4.49 B	USA
Citizens CIA	53.7 M	$ 5.16	-1.15 %	$ 256 M	USA
Globe Life GL	65.9 M	$ 139.46	0.02 %	$ 12.5 B	USA
Independence Holding Company IHC	206 M	-	0.12 %	$ 831 M	USA
China Life Insurance Company Limited LFC	37.7 B	-	-0.77 %	$ 101 B	China
CNO Financial Group CNO	238 M	$ 41.24	-	$ 4.38 B	USA
Genworth Financial GNW	977 M	$ 8.86	-	$ 3.84 B	USA
Aflac Incorporated AFL	3.01 B	$ 110.05	-	$ 61.9 B	USA
Manulife Financial Corporation MFC	7.83 B	$ 35.48	-	$ 35.3 B	Canada
Lincoln National Corporation LNC	2.74 B	$ 45.06	-2.59 %	$ 7.69 B	USA
MetLife MET	700 M	$ 82.16	0.02 %	$ 66 B	USA
National Western Life Group NWLI	30.4 M	-	-	$ 1.82 B	USA
Prudential Financial PRU	13.3 B	$ 116.96	-0.08 %	$ 41.8 B	USA
Unum Group UNM	898 M	$ 77.12	0.81 %	$ 14.5 B	USA