M&A - SEPARATE ACCOUNT IMO OF FIRST ALLMERICA FINANCIAL LIFE INSURANCE CO
Form Type: N-VPFS
Filing Date: 2025-04-15
Corporate Action: Merger
Type: New
Accession Number: 000110465925034930
Filing Summary: The financial statements of the Separate Account IMO of First Allmerica Financial Life Insurance Company were audited and present a fair overview of the Sub-Accounts including accumulation reserves and investment assets as of December 31, 2024. The report provides detailed results concerning net assets, operations, and changes in net assets for the audited period. Notably, in 2024, related to corporate actions, an Underlying Fund merger was executed on April 26, 2024, where the Invesco V.I. Equity and Income Fund became the surviving fund after merging with Invesco V.I. Conservative Balanced Fund. This merger effectively led to the transfer of net assets from the closed fund to the surviving fund. Additionally, twenty-seven Sub-Accounts were available in 2024, with varying levels of activity, reflecting how policy owner transactions impacted the net assets.
Additional details:
Net Assets Total: $12,472
Investment Income Dividends: $34
Realized Gains Total: $585
Unrealized Gain Loss Change: $1,947
Net Increase Decrease From Operations: $2,532
Units Outstanding: 1,196
Net Assets By Category: $12,472
Net Purchase Payments: $-
Terminations Withdrawals: $-
Mortality Expense Risk Fees: $6
Insurance Other Charges: $287
Beginning Of Year Net Assets: $10,233
End Of Year Net Assets: $12,472
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