Definition:Other revenue
| Other revenue | |
|---|---|
| Category | kpis; volume |
| Aliases | other revenues |
| Metric id | other_revenue |
| Unit | currency |
| Related terms | Total revenue, Gross written premiums & other revenues, Assets under management |
| Definition | Non-insurance revenues such as fees and asset-management revenue. |
💼 Other revenue is the income an insurance group earns from activities outside its insurance contracts: asset-management fees, banking income, distribution commissions, pension administration, and assistance or other service fees. In insurer reporting the label marks the fee-based side of a diversified group: money earned for services rendered rather than for risk carried.
🧾 General revenue standards such as IFRS 15 govern these revenues, not insurance accounting, which is why insurers present them as a separate line or component in their disclosures. In AXA-style reporting, the group adds other revenue to premiums to form its top-line activity aggregate, and in segment reporting other revenue concentrates in asset-management, banking, and service segments. Asset-management fees, typically the largest component for bancassurance and asset-gathering groups, scale with average assets under management; distribution and service fees track transaction and contract volumes. Other revenue is expressed in currency.
📈 The strategic weight of other revenue has grown well beyond its size. Fee income consumes little regulatory capital, recurs independently of claims experience, and diversifies earnings away from underwriting and market cycles. Many groups, from European composites to Asian bancassurers, explicitly target expanding their fee businesses for exactly these reasons. A rising share of other revenue in the group mix usually reads as a shift toward capital-light earnings, and analysts track the share as evidence of how far a stated fee-growth strategy is actually materializing.