---
schema_version: "secwatch.filing_event.v1"
accession: "0001535929-24-000115"
form_type: "8-K"
ticker: "VOYA"
cik: "0001535929"
company_name: "Voya Financial, Inc."
filed_at: "2024-12-09T23:59:59+00:00"
generated_at: "2026-05-29T05:36:59.644942+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Voya Stop Loss loss ratio worsens to 90-105%; Workplace Solutions CEO Grubka to depart

## Summary
- Stop Loss loss ratio for Jan 2024 policy year now expected 90-105% (up from 86% at Sep 30), driven by higher claim frequency, notably cancer diagnoses in younger ages.
- Premium rate increases on Jan 2025 business expected 20-24%; annualized in-force premiums expected down 10-20% from Jan 2024.
- 4Q'24 Health Solutions net underwriting gain revised to $(85)M-$140M from prior $180M-$220M.
- Robert Grubka, CEO of Workplace Solutions, will depart at end of 2024.
- On track to return ~$800M capital in 2024; excess capital in 1Q'25 used for OneAmerica acquisition.

## SEC filing metadata
- accession: 0001535929-24-000115
- form_type: 8-K
- ticker: VOYA
- cik: 0001535929
- company_name: Voya Financial, Inc.
- filed_at: 2024-12-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1535929/000153592924000115/0001535929-24-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1535929/000153592924000115/voya-20241206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001535929-24-000115
- JSON: https://secwatch.observer/filing/0001535929-24-000115.json
- Plain text: https://secwatch.observer/filing/0001535929-24-000115.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.