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GENWORTH LIFE INSURANCE COMPANY

Company Details for:

GENWORTH LIFE INSURANCE COMPANY

Address

6604 W BROAD ST
RICHMOND VA, 23230

Phone

8046622400
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 0.57% 32,458 $46,448,543 $46,115,662 $0 $32,621,793 $34,905,56575.69%
2013 Total Individual Accident & Health 1.79% 30,018 $43,054,166 $42,722,822 $0 $31,762,998 $33,611,30878.67%
2013 Individual Medicare Supplement 0.01% 12 $45,487 $45,137 $0 $12,508 $13,23629.32%
2013 Individual Long Term Care 20.73% 30,006 $43,008,679 $42,677,685 $0 $31,750,490 $33,598,07278.73%
2013 Total Group Accident & Health 0.06% 2,440 $3,394,377 $3,392,840 $0 $858,795 $1,294,25738.15%
2013 Group Long Term Care 10.15% 2,440 $3,394,377 $3,392,840 $0 $858,795 $1,294,25738.15%
2012 Total Accident & Health 0.55% 30,411 $43,863,542 $44,106,996 $0 $29,886,613 $40,137,50491.00%
2012 Total Individual Accident & Health 1.73% 28,357 $41,327,048 $41,434,292 $0 $29,289,073 $38,624,36993.22%
2012 Individual Medicare Supplement 0.01% 14 $56,635 $56,287 $0 $22,633 $20,67436.73%
2012 Individual Long Term Care 20.12% 28,343 $41,270,413 $41,378,005 $0 $29,266,391 $38,603,64693.30%
2012 Individual Accident Only 0.00% 0 $0 $0 $0 $49 $49N/A
2012 Total Group Accident & Health 0.05% 2,054 $2,536,494 $2,672,704 $0 $597,540 $1,513,135N/A
2012 Group Long Term Care 7.29% 2,054 $2,536,494 $2,672,704 $0 $597,540 $1,513,135N/A
2011 Total Accident & Health 0.52% 25,235 $40,097,942 $39,280,154 $0 $27,007,476 $32,797,255N/A
2011 Total Individual Accident & Health 1.71% 23,496 $38,349,000 $37,670,978 $0 $26,425,650 $31,951,491N/A
2011 Individual Medicare Supplement 0.02% 31 $93,146 $94,315 $0 $73,010 $73,391N/A
2011 Individual Long Term Care 18.44% 23,465 $38,255,854 $37,576,663 $0 $26,352,640 $31,878,100N/A
2011 Total Group Accident & Health 0.03% 1,739 $1,748,942 $1,609,176 $0 $581,826 $845,764N/A
2011 Group Long Term Care 5.11% 1,739 $1,748,942 $1,609,176 $0 $581,826 $845,764N/A
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 0.22% 8,607 $26,026,809 $0 $23,029,202 $2,281,147N/A
2013 Total Individual Life 0.35% 8,330 $25,705,609 $0 $20,076,778 $2,238,072N/A
2013 Individual Whole Life 0.00% 1 $1,678 $0 $0 $0N/A
2013 Individual Term Life 0.52% 3,836 $2,522,364 $0 $2,359,313 $1,323,819N/A
2013 Individual Universal Life 0.66% 3,185 $4,443,511 $0 $901,166 $914,253N/A
2013 Individual Ordinary Annuities 1.43% 1,033 $11,729,884 $0 $16,804,721 $0N/A
2013 Individual Equity Indexed Annuities 0.00% 5 $0 $0 $11,578 $0N/A
2013 Individual Deposit-Type Funds 5.71% 270 $7,008,172 $0 $0 $0N/A
2013 Total Group Life 0.01% 277 $321,200 $0 $2,952,424 $43,075N/A
2013 Group Whole Life 0.00% 39 $0 $0 $0 $4,596N/A
2013 Group Universal Life 0.41% 34 $320,000 $0 $1,355,970 $38,479N/A
2013 Group Ordinary Annuities 0.00% 204 $1,200 $0 $1,596,454 $0N/A
2012 Total Life 0.26% 9,498 $29,168,458 $0 $20,764,947 $2,320,114N/A
2012 Total Individual Life 0.41% 9,215 $28,822,437 $0 $19,156,639 $2,278,081N/A
2012 Individual Term Life 0.56% 3,865 $2,574,849 $0 $484,081 $1,339,853N/A
2012 Individual Universal Life 0.93% 3,232 $5,442,843 $0 $2,163,862 $938,228N/A
2012 Individual Ordinary Annuities 0.83% 1,445 $12,407,323 $0 $16,453,560 $0N/A
2012 Individual Equity Indexed Annuities 0.00% 5 $0 $0 $55,136 $0N/A
2012 Individual Deposit-Type Funds 7.38% 668 $8,397,422 $0 $0 $0N/A
2012 Total Group Life 0.01% 283 $346,021 $0 $1,608,308 $42,033N/A
2012 Group Whole Life 0.01% 48 $4,621 $0 $0 $5,406N/A
2012 Group Universal Life 0.70% 35 $340,000 $0 $0 $36,627N/A
2012 Group Ordinary Annuities 0.00% 200 $1,400 $0 $1,608,308 $0N/A
2011 Total Life 0.35% 8,849 $35,373,690 $0 $23,234,556 $2,149,574N/A
2011 Total Individual Life 0.48% 8,563 $35,028,702 $0 $21,740,216 $2,109,275N/A
2011 Individual Whole Life 0.00% 0 $1,489 $0 $0 $0N/A
2011 Individual Term Life 0.58% 4,018 $2,672,505 $0 $5,240,567 $1,391,103N/A
2011 Individual Universal Life 1.08% 2,595 $6,148,240 $0 $578,110 $718,172N/A
2011 Individual Ordinary Annuities 1.36% 1,343 $16,252,141 $0 $15,919,007 $0N/A
2011 Individual Equity Indexed Annuities 0.00% 5 $0 $0 $2,532 $0N/A
2011 Individual Deposit-Type Funds 6.73% 602 $9,954,327 $0 $0 $0N/A
2011 Total Group Life 0.01% 286 $344,988 $0 $1,494,340 $40,299N/A
2011 Group Whole Life 0.00% 50 $0 $0 $0 $5,793N/A
2011 Group Universal Life 1.07% 36 $340,000 $0 $0 $34,506N/A
2011 Group Ordinary Annuities 0.00% 200 $4,988 $0 $1,494,340 $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 Life and annuities 0.24% 1 38
2013 Long-term care insurance 18.02% 30 71
2013 Health 0.70% 31 173
2013 Medicare Supplement Insurance 0.01% 0 0
2012 Medicare Supplement Insurance 0.02% 0 0
2012 Life and annuities 0.28% 1 33
2012 Long-term care insurance 16.89% 13 35
2012 Health 0.55% 14 94
2011 Long-term care insurance 15.86% 8 26
2011 Health 0.53% 9 56
2011 Medicare Supplement Insurance 0.02% 1 2612
2011 Life and annuities 0.31% 0 0
Company Changes
Effective Date: 03/01/1999
Comments: General Electric Capital, Richmond, VA, merged with and into General Electric Capital Assurance Co.
Effective Date: 01/01/2006
Comments: General Electric Capital Assurance changed its name to Genworth Life Insurance Company.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.