Statutory Accounting Principles Working Group

Aug 19, 2020 · Operating income was $2.3 billion in second quarter 2020, up 73.8 percent from $1.3 billion in 2019. Second quarter operating income margin rate was 10.0 percent in 2020 compared with 7.2 percent in 2019, driven primarily by strong expense leverage on robust topline performance. ................
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