COLONIAL PENN LIFE INSURANCE COMPANY

Company Details for:

COLONIAL PENN LIFE INSURANCE COMPANY

Address

399 MARKET STREET
PHILADELPHIA PA, 19106

Phone

215-928-8000


Market Share

Link to Supplemental Data Page
Accident & Health
YearLine Market
Share
Num of
Insureds
Direct
Prem
Written
Direct
Prem
Earned
Div.
Paid
Direct
Losses
Paid
Direct
Losses
Incurr
Loss
Ratio
2013 Total Accident & Health 0.10% 4,680 $8,119,874 $7,877,715 $0 $5,202,413 $5,266,05766.85%
2013 Total Individual Accident & Health 0.34% 4,668 $8,116,628 $7,874,466 $0 $5,202,413 $5,265,68266.87%
2013 Individual Medicare Supplement 1.78% 4,660 $8,115,329 $7,873,075 $0 $5,018,988 $5,211,51266.19%
2013 Individual Long Term Care 0.00% 1 $757 $757 $0 $182,165 $54,0667142.14%
2013 Individual Accident Only 0.00% 7 $542 $634 $0 $1,260 $10416.40%
2013 Total Group Accident & Health 0.00% 12 $3,246 $3,249 $0 $0 $37511.54%
2013 Group Specified Disease 0.01% 2 $1,023 $1,012 $0 $0 $11411.26%
2013 Group Accident Only 0.00% 1 $44 $44 $0 $0 $49.09%
2013 Group Limited Benefit 0.00% 9 $2,179 $2,193 $0 $0 $25711.72%
2012 Total Accident & Health 0.08% 3,900 $6,115,783 $6,004,489 $0 $4,136,212 $4,121,26368.64%
2012 Total Individual Accident & Health 0.26% 3,887 $6,112,392 $6,000,966 $0 $4,136,212 $4,120,89768.67%
2012 Individual Medicare Supplement 1.41% 3,875 $6,110,253 $5,998,893 $0 $4,091,744 $4,120,70568.69%
2012 Individual Long Term Care 0.00% 1 $819 $757 $0 $22,564 $00.00%
2012 Individual Accident Only 0.00% 11 $1,196 $1,135 $0 $100 $19216.92%
2012 Individual Limited Benefit 0.00% 0 $124 $181 $0 $21,804 $00.00%
2012 Total Group Accident & Health 0.00% 13 $3,391 $3,523 $0 $0 $36610.39%
2012 Group Specified Disease 0.01% 3 $1,133 $1,094 $0 $0 $12711.61%
2012 Group Accident Only 0.00% 1 $44 $43 $0 $0 $49.30%
2012 Group Limited Benefit 0.00% 9 $2,214 $2,386 $0 $0 $2359.85%
2011 Total Accident & Health 0.05% 2,716 $3,616,364 $3,408,450 $0 $1,758,516 $2,189,51364.24%
2011 Total Individual Accident & Health 0.16% 2,702 $3,612,961 $3,403,975 $0 $1,758,516 $2,188,38664.29%
2011 Individual Medicare Supplement 0.92% 2,685 $3,610,277 $3,400,863 $0 $1,751,996 $2,181,73264.15%
2011 Individual Long Term Care 0.00% 2 $1,140 $1,493 $0 $4,920 $5,901395.24%
2011 Individual Accident Only 0.00% 15 $1,544 $1,619 $0 $1,600 $75346.51%
2011 Total Group Accident & Health 0.00% 14 $3,403 $4,475 $0 $0 $1,12725.18%
2011 Group Specified Disease 0.01% 3 $1,096 $1,343 $0 $0 $34325.54%
2011 Group Accident Only 0.00% 1 $43 $52 $0 $0 $1019.23%
2011 Group Limited Benefit 0.00% 10 $2,264 $3,080 $0 $0 $77425.13%
Life
YearLine Market
Share
Num of
Insureds
Direct
Prem &
Annuities
Divs
Paid
Direct
Claims &
Benefits Pd.
Life
Ins
in Force
Benefits
Ratio
2013 Total Life 0.03% 11,419 $3,622,324 $0 $2,297,006 $54,68963.41%
2013 Total Individual Life 0.00% 1,417 $316,778 $0 $531,108 $5,353167.66%
2013 Individual Whole Life 0.01% 137 $45,696 $0 $47,080 $977103.03%
2013 Individual Term Life 0.01% 151 $37,357 $0 $41,402 $1,950110.83%
2013 Individual Universal Life 0.00% 2 $0 $0 $0 $415N/A
2013 Individual Graded Death Benefits 2.32% 1,126 $233,725 $0 $324,080 $2,011N/A
2013 Individual Ordinary Annuities 0.00% 1 $0 $0 $118,546 $0N/A
2013 Total Group Life 0.08% 10,002 $3,305,546 $0 $1,765,898 $49,336N/A
2013 Group Whole Life 0.66% 718 $293,575 $0 $94,754 $7,129N/A
2013 Group Term Life 0.11% 1,268 $507,825 $0 $306,904 $21,599N/A
2013 Group Graded Death Benefits 26.30% 7,996 $2,504,146 $0 $1,360,274 $20,608N/A
2013 Group Ordinary Annuities 0.00% 20 $0 $0 $3,966 $0N/A
2012 Total Life 0.03% 12,422 $3,294,758 $0 $1,988,437 $51,777N/A
2012 Total Individual Life 0.00% 3,086 $310,888 $0 $540,390 $5,485N/A
2012 Individual Whole Life 0.01% 234 $45,496 $0 $47,807 $989N/A
2012 Individual Term Life 0.01% 256 $35,781 $0 $42,442 $1,999N/A
2012 Individual Universal Life 0.00% 2 $1,825 $0 $21,608 $415N/A
2012 Individual Graded Death Benefits 2.37% 2,593 $227,786 $0 $304,206 $2,082N/A
2012 Individual Ordinary Annuities 0.00% 1 $0 $0 $124,327 $0N/A
2012 Total Group Life 0.07% 9,336 $2,983,870 $0 $1,448,047 $46,292N/A
2012 Group Whole Life 0.62% 661 $267,727 $0 $79,894 $6,553N/A
2012 Group Term Life 0.10% 1,192 $460,264 $0 $226,971 $20,584N/A
2012 Group Graded Death Benefits 33.28% 7,462 $2,255,879 $0 $1,137,216 $19,155N/A
2012 Group Ordinary Annuities 0.00% 21 $0 $0 $3,966 $0N/A
2011 Total Life 0.03% 11,792 $2,934,687 $0 $2,001,543 $49,300N/A
2011 Total Individual Life 0.00% 3,297 $310,353 $0 $597,628 $5,447N/A
2011 Individual Whole Life 0.01% 242 $45,874 $0 $55,050 $960N/A
2011 Individual Term Life 0.01% 261 $35,391 $0 $45,946 $1,987N/A
2011 Individual Universal Life 0.00% 2 $2,911 $0 $16,422 $416N/A
2011 Individual Graded Death Benefits 2.24% 2,791 $226,177 $0 $364,050 $2,084N/A
2011 Individual Ordinary Annuities 0.00% 1 $0 $0 $116,160 $0N/A
2011 Total Group Life 0.09% 8,495 $2,624,334 $0 $1,403,915 $43,853N/A
2011 Group Whole Life 0.59% 596 $240,260 $0 $73,270 $6,039N/A
2011 Group Term Life 0.09% 1,081 $408,028 $0 $216,244 $19,470N/A
2011 Group Graded Death Benefits 30.03% 6,797 $1,976,046 $0 $1,110,435 $18,344N/A
2011 Group Ordinary Annuities 0.00% 21 $0 $0 $3,966 $0N/A


Enforcements

The department has not taken enforcement action against this company in the past three years.
Link to Enforcements Page


Complaint Index

Link to Complaint Index Page
YearLineMarket
Share
Number of
Complaints
Complaint
Index
2013 Medicare Supplement Insurance 0.94% 2 127
2013 Life and annuities 0.04% 4 1017
2013 Long-term care insurance 0.00% 0 0
2013 Health 0.10% 2 82
2012 Health 0.05% 2 151
2012 Medicare Supplement Insurance 0.59% 1 98
2012 Life and annuities 0.04% 2 530
2012 Long-term care insurance 0.00% 0 0
2011 Long-term care insurance 0.00% 0 0
2011 Health 0.02% 2 282
2011 Medicare Supplement Insurance 0.28% 1 195
2011 Life and annuities 0.03% 6 1584


Company Changes

Effective Date: 10/01/2002
Comments: Conseco Direct Life Insurance Co. changed its name to Colonial Penn Life Insurance Co.


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.