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Company Details for:
INDIVIDUAL ASSURANCE COMPANY LIFE HEALTH
Market 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 | 0.01% | 5,893 | $914,809 | $943,812 | $0 | $292,423 | $190,967 | 20.23% |
| 2012 | Total Individual Accident & Health | 0.00% | 17 | $2,264 | $2,291 | $0 | $0 | $-177 | -7.73% |
| 2012 | Individual Disability Income | 0.00% | 17 | $2,264 | $2,291 | $0 | $0 | $-177 | -7.73% |
| 2012 | Total Group Accident & Health | 0.02% | 5,876 | $912,545 | $941,521 | $0 | $292,423 | $191,144 | 20.30% |
| 2012 | Group Short Term Credit Disability | 6.47% | 5,876 | $912,545 | $941,521 | $0 | $292,423 | $191,144 | 20.30% |
| 2011 | Total Accident & Health | 0.01% | 6,549 | $841,721 | $1,036,713 | $0 | $380,555 | $291,906 | 28.16% |
| 2011 | Total Individual Accident & Health | 0.00% | 18 | $2,580 | $2,517 | $0 | $1,400 | $1,234 | 49.03% |
| 2011 | Individual Disability Income | 0.00% | 18 | $2,580 | $2,517 | $0 | $1,400 | $1,234 | 49.03% |
| 2011 | Total Group Accident & Health | 0.02% | 6,531 | $839,141 | $1,034,196 | $0 | $379,155 | $290,672 | 28.11% |
| 2011 | Group Short Term Credit Disability | 6.26% | 6,531 | $839,141 | $1,034,196 | $0 | $379,155 | $290,672 | 28.11% |
| 2010 | Total Accident & Health | 0.01% | 7,803 | $939,881 | $1,208,936 | $0 | $460,405 | $474,591 | 39.26% |
| 2010 | Total Individual Accident & Health | 0.00% | 22 | $2,545 | $2,503 | $0 | $2,200 | $2,088 | 83.42% |
| 2010 | Individual Disability Income | 0.00% | 22 | $2,545 | $2,503 | $0 | $2,200 | $2,088 | 83.42% |
| 2010 | Total Group Accident & Health | 0.02% | 7,781 | $937,336 | $1,206,433 | $0 | $458,205 | $472,503 | 39.17% |
| 2010 | Group Short Term Credit Disability | 6.74% | 7,781 | $937,336 | $1,206,433 | $0 | $458,205 | $472,503 | 39.17% |
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 | 0.02% | 21,216 | $2,200,599 | $0 | $1,132,507 | $249,907 | 51.46% |
| 2012 | Total Individual Life | 0.00% | 1,177 | $239,827 | $0 | $280,558 | $46,353 | 116.98% |
| 2012 | Individual Whole Life | 0.00% | 500 | $3,290 | $0 | $168,229 | $2,305 | 5113.34% |
| 2012 | Individual Term Life | 0.05% | 246 | $234,540 | $0 | $0 | $43,684 | 0.00% |
| 2012 | Individual Universal Life | 0.00% | 6 | $1,997 | $0 | $0 | $364 | 0.00% |
| 2012 | Individual Ordinary Annuities | 0.00% | 425 | $0 | $0 | $112,329 | $0 | N/A |
| 2012 | Total Group Life | 0.05% | 20,039 | $1,960,772 | $0 | $851,949 | $203,554 | N/A |
| 2012 | Group Term Life | 0.11% | 1,314 | $509,206 | $0 | $235,079 | $93,326 | N/A |
| 2012 | Group Credit Life | 7.47% | 18,725 | $1,451,566 | $0 | $616,870 | $110,228 | N/A |
| 2011 | Total Life | 0.02% | 23,682 | $2,123,921 | $0 | $1,260,190 | $257,863 | N/A |
| 2011 | Total Individual Life | 0.00% | 1,587 | $224,294 | $0 | $405,524 | $42,373 | N/A |
| 2011 | Individual Whole Life | 0.00% | 529 | $4,469 | $0 | $152,161 | $2,415 | N/A |
| 2011 | Individual Term Life | 0.05% | 587 | $217,978 | $0 | $120,294 | $39,594 | N/A |
| 2011 | Individual Universal Life | 0.00% | 6 | $1,847 | $0 | $0 | $364 | N/A |
| 2011 | Individual Ordinary Annuities | 0.00% | 465 | $0 | $0 | $133,069 | $0 | N/A |
| 2011 | Total Group Life | 0.07% | 22,095 | $1,899,627 | $0 | $854,666 | $215,490 | N/A |
| 2011 | Group Term Life | 0.12% | 1,375 | $547,635 | $0 | $210,983 | $96,329 | N/A |
| 2011 | Group Credit Life | 7.23% | 20,720 | $1,351,992 | $0 | $643,683 | $119,161 | N/A |
| 2010 | Total Life | 0.02% | 27,041 | $2,246,658 | $0 | $1,568,363 | $283,471 | N/A |
| 2010 | Total Individual Life | 0.00% | 1,699 | $224,367 | $0 | $381,294 | $42,834 | N/A |
| 2010 | Individual Whole Life | 0.00% | 566 | $4,822 | $0 | $221,837 | $2,501 | N/A |
| 2010 | Individual Term Life | 0.05% | 613 | $217,698 | $0 | $40,341 | $39,969 | N/A |
| 2010 | Individual Universal Life | 0.00% | 6 | $1,847 | $0 | $0 | $364 | N/A |
| 2010 | Individual Ordinary Annuities | 0.00% | 514 | $0 | $0 | $119,116 | $0 | N/A |
| 2010 | Total Group Life | 0.08% | 25,342 | $2,022,291 | $0 | $1,187,069 | $240,637 | N/A |
| 2010 | Group Term Life | 0.14% | 1,455 | $555,546 | $0 | $196,474 | $100,464 | N/A |
| 2010 | Group Credit Life | 7.74% | 23,887 | $1,466,745 | $0 | $990,595 | $140,173 | N/A |
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 | Life and annuities | 0.03% | 0 | 0 |
| 2011 | Health | 0.01% | 3 | 739 |
| 2010 | Health | 0.02% | 2 | 376 |
| 2010 | Life and annuities | 0.03% | 0 | 0 |
Company Changes
- Form A Proposed acquisition of control of:Individual Assurance Company by David A. Dillon, Donald G. Kane, II, James L. Harlin
- Form A Date Filed: 11/24/2010
- Form A Hearing Dates: 12/22/2010
- Form A Order Date: 02/10/2011 - Withdrawn
- Form A Filing
- Form A Proposed acquisition of control of:Individual Assurance Company, Life, Health & Accident
- Form A Date Filed: 11/19/2012
- Form A Hearing Dates: 12/17/2012
- Form A Order Date: 12/18/2012 - Approved with Conditions
- Form A Filing
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
- Date: 01/28/2010
- PDF File Link