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July 23, 2014
16:20 EDTTMKTorchmark reports Q2 EPS $1.02, consensus $1.03
American Income Agency was Torchmark's leading contributor to total underwriting margin of $70M, on premium revenue of $210M. Net life sales were $45M, up 9% compared to the year-ago quarter. Direct Response was Torchmark's second leading contributor to total underwriting margin of $47M, on premium revenue of $190M. LNL Agency was Torchmark's third leading contributor to total underwriting margin of $31M, on premium revenue of $124M. UA Independent Agency was Torchmark's leading contributor to health underwriting margin of $15M, on health premium of $76M. Family Heritage Agency was Torchmark's third leading contributor to health underwriting margin of $10M on health premiums of $51M.
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