Company Name:
BANKERS UNITED LIFE ASSURANCE COCompany Address:
4333 EDGEWOOD RD NE
CEDAR RAPIDS, IA 52406Mailing Address:
PO BOX 1447
CEDAR RAPIDS, IA 52406-1447Description:
Life and Health (Ch 376 & 377, RSMo)Date Admitted:
2001-12-31
| Line |
Authorized Date |
| Accident and Health |
1975-07-11 |
| Life, annuities and endowments |
1975-07-11 |
Group Comprehensive Medical Expense - Small Employer
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.64% |
635 |
$2,397,197 |
$2,397,284 |
$0 |
$1,598,139 |
$1,478,817 |
61.69% |
| Missouri Total |
100.00% |
204,846 |
$377,195,599 |
$378,777,448 |
$28,717 |
$305,498,278 |
$304,740,838 |
80.45% |
Group Deposit-Type Funds
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.00% |
263 |
$21,736 |
$0 |
$228,683 |
$0 |
1,052.09% |
| Missouri Total |
100.00% |
356,450 |
$2,169,000,193 |
$13,741 |
$862,329,688 |
$0 |
39.76% |
Group Disability Income
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.00% |
1 |
$-776 |
$-148 |
$0 |
$289,129 |
$264,872 |
-178,967.57% |
| Missouri Total |
100.00% |
834,542 |
$152,733,264 |
$151,353,310 |
$70,304 |
$100,717,628 |
$131,430,261 |
86.84% |
Group Term Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.02% |
386 |
$58,583 |
$0 |
$0 |
$7,275 |
0.00% |
| Missouri Total |
100.00% |
3,054,153 |
$298,123,665 |
$3,111,616 |
$900,454,791 |
$116,091,201 |
302.04% |
Group Universal Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.67% |
113 |
$324,947 |
$0 |
$1,720,131 |
$61,398 |
529.36% |
| Missouri Total |
100.00% |
78,560 |
$48,519,127 |
$60,860 |
$24,659,765 |
$6,836,064 |
50.82% |
Individual Deposit-Type Funds
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.00% |
57 |
$13,067 |
$0 |
$687,013 |
$0 |
5,257.62% |
| Missouri Total |
100.00% |
303,604 |
$1,683,353,647 |
$429 |
$1,117,711,940 |
$0 |
66.40% |
Individual Long Term Care
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
2.31% |
2,892 |
$2,684,491 |
$2,664,020 |
$0 |
$1,074,649 |
$1,555,218 |
58.38% |
| Missouri Total |
100.00% |
100,580 |
$116,192,769 |
$112,144,089 |
$31,052 |
$42,958,138 |
$58,083,400 |
51.79% |
Individual Medicare Supplement
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.12% |
267 |
$287,453 |
$292,086 |
$0 |
$303,903 |
$294,023 |
100.66% |
| Missouri Total |
100.00% |
168,025 |
$240,630,139 |
$237,773,684 |
$0 |
$182,467,069 |
$186,599,508 |
78.48% |
Individual Specified Disease
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
1.38% |
1,615 |
$433,922 |
$420,098 |
$0 |
$220,235 |
$253,845 |
60.43% |
| Missouri Total |
100.00% |
171,385 |
$31,429,952 |
$31,728,705 |
$0 |
$16,408,080 |
$16,815,008 |
53.00% |
Individual Term Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.01% |
38 |
$22,959 |
$0 |
$23,381 |
$1,320 |
101.84% |
| Missouri Total |
100.00% |
589,822 |
$213,945,592 |
$6,372,973 |
$137,088,684 |
$57,510,000 |
64.08% |
Individual Universal Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.02% |
89 |
$66,735 |
$0 |
$123,572 |
$7,698 |
185.17% |
| Missouri Total |
100.00% |
1,266,057 |
$368,902,373 |
$7,066,780 |
$368,554,786 |
$40,696,179 |
99.91% |
Individual Whole Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.00% |
90 |
$3,941 |
$1,200 |
$2,312 |
$976 |
89.11% |
| Missouri Total |
100.00% |
2,510,943 |
$786,815,707 |
$315,707,873 |
$833,166,168 |
$68,197,761 |
105.89% |
Total Accident & Health
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.20% |
5,410 |
$5,802,287 |
$5,773,340 |
$0 |
$3,486,055 |
$3,846,775 |
66.63% |
| Missouri Total |
100.00% |
10,595,728 |
$2,867,258,416 |
$2,851,116,962 |
$11,927,589 |
$2,028,543,088 |
$2,098,142,746 |
73.59% |
Total Group Accident & Health
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.11% |
636 |
$2,396,421 |
$2,397,136 |
$0 |
$1,887,268 |
$1,743,689 |
72.74% |
| Missouri Total |
100.00% |
9,233,931 |
$2,101,990,047 |
$2,081,215,042 |
$11,381,335 |
$1,539,648,841 |
$1,567,647,303 |
75.32% |
Total Group Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.01% |
762 |
$405,266 |
$0 |
$1,948,814 |
$68,673 |
480.87% |
| Missouri Total |
100.00% |
4,614,594 |
$2,975,944,371 |
$4,328,006 |
$2,640,635,900 |
$137,410,626 |
88.73% |
Total Individual Accident & Health
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.45% |
4,774 |
$3,405,866 |
$3,376,204 |
$0 |
$1,598,787 |
$2,103,086 |
62.29% |
| Missouri Total |
100.00% |
1,361,797 |
$765,268,369 |
$769,901,920 |
$546,254 |
$488,894,247 |
$530,495,443 |
68.90% |
Total Individual Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.00% |
274 |
$106,702 |
$1,200 |
$836,278 |
$9,994 |
784.88% |
| Missouri Total |
100.00% |
5,228,814 |
$4,010,771,582 |
$334,815,623 |
$3,840,942,282 |
$195,805,002 |
95.77% |
Total Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.01% |
1,036 |
$511,968 |
$1,200 |
$2,785,092 |
$78,667 |
544.23% |
| Missouri Total |
100.00% |
9,843,408 |
$6,986,715,953 |
$339,143,629 |
$6,481,578,182 |
$333,215,628 |
92.77% |