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ABOUT US2011 Financial Highlights
Financial SummaryOverview of 2011 Consolidated ResultsTrustmark’s GAAP-adjusted pretax earnings, which use Generally Accepted Accounting Principles to defer and amortize policy acquisition costs in the company’s voluntary products division, were $66.2 million in 2011, up $1.2 millon from $65.0 million in 2010, on a comparable basis. This presentation better reflects the growth of Trustmark as a diversified enterprise that includes both insurance and non-insurance businesses. 
Trustmark’s statutory reported pretax operating gain was $47.7 million, up $3.7 million from $44.0 million reported in 2010. When reporting earnings on a statutory basis, Trustmark deducts the entire sales (acquisition) costs of policies in the year they are written. Sales of over $50 million in Trustmark Voluntary Benefit Solutions account for the difference between reported and GAAP-adjusted earnings.
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© 2013 Trustmark Companies (Trustmark Mutual Holding Company) and its subsidiaries |
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