INDIVIDUAL ASSURANCE COMPANY LIFE HEALTH & ACCIDENT

Company Details for:

INDIVIDUAL ASSURANCE COMPANY LIFE HEALTH & ACCIDENT



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 0.01% 5,326 $830,540 $880,176 $0 $300,403 $206,00823.41%
2013 Total Individual Accident & Health 0.00% 10 $1,213 $1,413 $0 $0 $00.00%
2013 Individual Disability Income 0.00% 10 $1,213 $1,413 $0 $0 $00.00%
2013 Total Group Accident & Health 0.01% 5,316 $829,327 $878,763 $0 $300,403 $206,00823.44%
2013 Group Short Term Credit Disability 6.22% 5,316 $829,327 $878,763 $0 $300,403 $206,00823.44%
2012 Total Accident & Health 0.01% 5,893 $914,809 $943,812 $0 $292,423 $190,96720.23%
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 $191,14420.30%
2012 Group Short Term Credit Disability 6.47% 5,876 $912,545 $941,521 $0 $292,423 $191,14420.30%
2011 Total Accident & Health 0.01% 6,549 $841,721 $1,036,713 $0 $380,555 $291,90628.16%
2011 Total Individual Accident & Health 0.00% 18 $2,580 $2,517 $0 $1,400 $1,23449.03%
2011 Individual Disability Income 0.00% 18 $2,580 $2,517 $0 $1,400 $1,23449.03%
2011 Total Group Accident & Health 0.02% 6,531 $839,141 $1,034,196 $0 $379,155 $290,67228.11%
2011 Group Short Term Credit Disability 6.26% 6,531 $839,141 $1,034,196 $0 $379,155 $290,67228.11%
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 0.02% 18,198 $1,999,387 $0 $1,087,516 $231,15954.39%
2013 Total Individual Life 0.00% 623 $244,371 $0 $344,189 $43,420140.85%
2013 Individual Whole Life 0.00% 54 $1,698 $0 $156,052 $1119190.34%
2013 Individual Term Life 0.05% 545 $241,103 $0 $183,836 $43,06976.25%
2013 Individual Universal Life 0.00% 3 $1,570 $0 $2,722 $240173.38%
2013 Individual Ordinary Annuities 0.00% 21 $0 $0 $1,579 $0N/A
2013 Total Group Life 0.04% 17,575 $1,755,016 $0 $743,327 $187,739N/A
2013 Group Term Life 0.10% 1,229 $479,588 $0 $181,460 $88,316N/A
2013 Group Credit Life 6.98% 16,346 $1,275,428 $0 $561,867 $99,423N/A
2012 Total Life 0.02% 21,216 $2,200,599 $0 $1,132,507 $249,907N/A
2012 Total Individual Life 0.00% 1,177 $239,827 $0 $280,558 $46,353N/A
2012 Individual Whole Life 0.00% 500 $3,290 $0 $168,229 $2,305N/A
2012 Individual Term Life 0.05% 246 $234,540 $0 $0 $43,684N/A
2012 Individual Universal Life 0.00% 6 $1,997 $0 $0 $364N/A
2012 Individual Ordinary Annuities 0.00% 425 $0 $0 $112,329 $0N/A
2012 Total Group Life 0.05% 20,039 $1,960,772 $0 $851,949 $203,554N/A
2012 Group Term Life 0.11% 1,314 $509,206 $0 $235,079 $93,326N/A
2012 Group Credit Life 7.47% 18,725 $1,451,566 $0 $616,870 $110,228N/A
2011 Total Life 0.02% 23,682 $2,123,921 $0 $1,260,190 $257,863N/A
2011 Total Individual Life 0.00% 1,587 $224,294 $0 $405,524 $42,373N/A
2011 Individual Whole Life 0.00% 529 $4,469 $0 $152,161 $2,415N/A
2011 Individual Term Life 0.05% 587 $217,978 $0 $120,294 $39,594N/A
2011 Individual Universal Life 0.00% 6 $1,847 $0 $0 $364N/A
2011 Individual Ordinary Annuities 0.00% 465 $0 $0 $133,069 $0N/A
2011 Total Group Life 0.07% 22,095 $1,899,627 $0 $854,666 $215,490N/A
2011 Group Term Life 0.12% 1,375 $547,635 $0 $210,983 $96,329N/A
2011 Group Credit Life 7.23% 20,720 $1,351,992 $0 $643,683 $119,161N/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 Life and annuities 0.02% 1 396
2013 Health 0.01% 1 281
2012 Life and annuities 0.03% 0 0
2012 Health 0.01% 3 909
2011 Life and annuities 0.03% 0 0
2011 Health 0.01% 3 739


Company Changes

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: 03/27/2014
PDF File Link