The Q2 2025 statutory reserve split includes results from the affiliates of ANAT and AEL.
The investment portfolio overview excludes residual tranche securities not rated with a carrying value of $40 million and investments in variable interest entities not directly held by ANGI.
Commercial mortgage loans exclude $310 million in mortgages held in SPVs and not directly held by ANGI, but include 1% relating to coinsurance funds withheld investments.
Adjusted Common Stockholder's Equity Reconciliation
Total adjusted common stockholder's equity is a non-GAAP financial measure based on excluding the impact of AOCI and after tax impacts of adjustments related to mark-to-market gains and losses on derivatives and insurance contracts.
- The presentation of non-GAAP metric provides investors with a clear view of ANGI's ongoing performance, excluding items that do not directly affect core operations.
- Investors are given enhanced comparability of ANGI's performance across different years through the non-GAAP metric.
ANGI's financial disclosures present a transparent view of the company's performance and financial health, aiming to provide investors with valuable insights into the operations and strategies of the company.