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Company Details for:
AMERICAN BANKERS LIFE ASSURANCE OF FLORIDA
Address
11222 QUAIL ROOST DRIVEMIAMI FL, 33157-6596
Phone
3052532244Market Share
Link to Supplemental Data Page
Accident & Health
| Year | Line | Market Share |
Num of Insureds |
Direct Prem Written |
Direct Prem Earned |
Div. Paid |
Direct Losses Paid |
Direct Losses Incurr |
Loss Ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2012 | Total Accident & Health | 0.02% | 36,507 | $1,544,035 | $1,545,794 | $0 | $401,593 | $403,677 | 26.11% |
| 2012 | Total Individual Accident & Health | 0.00% | 15,567 | $105,561 | $105,953 | $0 | $5,000 | $5,445 | 5.14% |
| 2012 | Individual Accident Only | 0.18% | 15,566 | $105,322 | $105,322 | $0 | $5,000 | $5,458 | 5.18% |
| 2012 | Individual Disability Income | 0.00% | 1 | $239 | $631 | $0 | $0 | $-13 | -2.06% |
| 2012 | Total Group Accident & Health | 0.03% | 20,940 | $1,438,474 | $1,439,841 | $0 | $396,593 | $398,232 | 27.66% |
| 2012 | Group Disability Income | 0.03% | 19 | $80,370 | $81,418 | $0 | $2,759 | $-216 | -0.27% |
| 2012 | Group Short Term Credit Disability | 9.63% | 20,921 | $1,358,104 | $1,358,423 | $0 | $393,834 | $398,448 | 29.33% |
| 2011 | Total Accident & Health | 0.02% | 38,983 | $1,689,104 | $1,740,700 | $0 | $412,078 | $356,178 | 20.46% |
| 2011 | Total Individual Accident & Health | 0.01% | 15,468 | $143,199 | $143,605 | $0 | $2,387 | $3,234 | 2.25% |
| 2011 | Individual Accident Only | 0.24% | 15,467 | $142,960 | $142,974 | $0 | $2,387 | $3,240 | 2.27% |
| 2011 | Individual Disability Income | 0.00% | 1 | $239 | $631 | $0 | $0 | $-6 | -0.95% |
| 2011 | Total Group Accident & Health | 0.03% | 23,515 | $1,545,905 | $1,597,095 | $0 | $409,691 | $352,944 | 22.10% |
| 2011 | Group Disability Income | 0.04% | 24 | $94,163 | $95,380 | $0 | $-4 | $-2,058 | -2.16% |
| 2011 | Group Short Term Credit Disability | 10.83% | 23,491 | $1,451,742 | $1,501,715 | $0 | $409,695 | $355,002 | 23.64% |
| 2010 | Total Accident & Health | 0.02% | 43,137 | $1,869,828 | $1,947,013 | $0 | $584,679 | $435,291 | 22.36% |
| 2010 | Total Individual Accident & Health | 0.01% | 14,824 | $156,396 | $156,776 | $0 | $0 | $880 | 0.56% |
| 2010 | Individual Accident Only | 0.27% | 14,823 | $156,157 | $156,145 | $0 | $0 | $889 | 0.57% |
| 2010 | Individual Disability Income | 0.00% | 1 | $239 | $631 | $0 | $0 | $-9 | -1.43% |
| 2010 | Total Group Accident & Health | 0.03% | 28,313 | $1,713,432 | $1,790,237 | $0 | $584,679 | $434,411 | 24.27% |
| 2010 | Group Disability Income | 0.04% | 31 | $107,863 | $110,457 | $0 | $7,954 | $4,665 | 4.22% |
| 2010 | Group Short Term Credit Disability | 11.55% | 28,282 | $1,605,569 | $1,679,780 | $0 | $576,725 | $429,746 | 25.58% |
Life
| Year | Line | Market Share |
Num of Insureds |
Direct Prem & Annuities |
Divs Paid |
Direct Claims & Benefits Pd. |
Life Ins in Force |
Benefits Ratio |
|---|---|---|---|---|---|---|---|---|
| 2012 | Total Life | 0.01% | 27,718 | $986,198 | $0 | $865,277 | $77,013 | 87.74% |
| 2012 | Total Individual Life | 0.00% | 238 | $90,310 | $0 | $330,371 | $8,333 | 365.82% |
| 2012 | Individual Whole Life | 0.00% | 55 | $25,458 | $0 | $93,141 | $2,366 | 365.86% |
| 2012 | Individual Term Life | 0.00% | 6 | $2,699 | $0 | $9,875 | $251 | 365.88% |
| 2012 | Individual Universal Life | 0.01% | 132 | $61,516 | $0 | $225,062 | $5,716 | 365.86% |
| 2012 | Individual Ordinary Annuities | 0.00% | 45 | $637 | $0 | $2,293 | $0 | 359.97% |
| 2012 | Total Group Life | 0.02% | 27,480 | $895,888 | $0 | $534,906 | $68,680 | 59.71% |
| 2012 | Group Term Life | 0.02% | 7 | $85,121 | $0 | $52,857 | $9,690 | 62.10% |
| 2012 | Group Credit Life | 4.17% | 27,473 | $810,767 | $0 | $482,049 | $58,990 | 59.46% |
| 2011 | Total Life | 0.01% | 31,127 | $1,135,153 | $0 | $1,008,191 | $87,331 | 88.82% |
| 2011 | Total Individual Life | 0.00% | 267 | $102,277 | $0 | $238,761 | $9,131 | 233.45% |
| 2011 | Individual Whole Life | 0.00% | 30 | $28,831 | $0 | $67,784 | $2,592 | 235.11% |
| 2011 | Individual Term Life | 0.00% | 3 | $3,057 | $0 | $7,187 | $275 | 235.10% |
| 2011 | Individual Universal Life | 0.01% | 72 | $69,667 | $0 | $163,790 | $6,264 | 235.10% |
| 2011 | Individual Ordinary Annuities | 0.00% | 162 | $722 | $0 | $0 | $0 | 0.00% |
| 2011 | Total Group Life | 0.04% | 30,860 | $1,032,876 | $0 | $769,430 | $78,200 | 74.49% |
| 2011 | Group Term Life | 0.02% | 6 | $99,017 | $0 | $119,662 | $12,252 | 120.85% |
| 2011 | Group Credit Life | 5.00% | 30,854 | $933,859 | $0 | $649,768 | $65,948 | 69.58% |
| 2010 | Total Life | 0.01% | 38,209 | $1,268,406 | $0 | $1,547,281 | $111,400 | 121.99% |
| 2010 | Total Individual Life | 0.00% | 302 | $107,952 | $0 | $817,359 | $10,582 | 757.15% |
| 2010 | Individual Whole Life | 0.00% | 34 | $30,392 | $0 | $232,049 | $3,004 | 763.52% |
| 2010 | Individual Term Life | 0.00% | 4 | $3,222 | $0 | $24,602 | $319 | 763.56% |
| 2010 | Individual Universal Life | 0.01% | 83 | $73,437 | $0 | $560,708 | $7,259 | 763.52% |
| 2010 | Individual Ordinary Annuities | 0.00% | 181 | $901 | $0 | $0 | $0 | 0.00% |
| 2010 | Total Group Life | 0.04% | 37,907 | $1,160,454 | $0 | $729,922 | $100,818 | 62.90% |
| 2010 | Group Term Life | 0.03% | 7 | $119,078 | $0 | $72,259 | $13,702 | 60.68% |
| 2010 | Group Credit Life | 5.49% | 37,900 | $1,041,376 | $0 | $657,663 | $87,116 | 63.15% |
Enforcements
The department action has not taken enforcement action against this company in the past three years.
Link to Enforcements Page
Link to Enforcements Page
Complaint Index
Link to Complaint Index Page
| Year | Line | Market Share |
Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2011 | Health | 0.03% | 4 | 498 |
| 2011 | Life and annuities | 0.02% | 0 | 0 |
| 2010 | Life and annuities | 0.02% | 2 | 796 |
| 2010 | Health | 0.03% | 5 | 482 |
Company Changes
- Effective Date: 06/01/2004
- Comments: Voyager Life Insurance Co. merged with and into American Bankers Life Assurance Co. of Florida.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.