Company Name:
BANNER LIFE INSURANCE COMPANYCompany Address:
3275 BENNETT CREEK AVE
FREDERICK, MD 21704Mailing Address:
3275 BENNETT CREEK AVENUE
FREDERICK, MD 21704Description:
Life and Health (Ch 376 & 377, RSMo)Date Admitted:
1982-03-25
| Line |
Authorized Date |
| Accident and Health |
1982-03-25 |
| Life, annuities and endowments |
1982-03-25 |
| Variable Contracts |
1982-03-25 |
Group Ordinary Annuities
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
1.11% |
825 |
$18,156,571 |
$0 |
$318,934 |
$0 |
1.76% |
| Missouri Total |
100.00% |
285,393 |
$1,633,022,630 |
$7,993,216 |
$626,651,426 |
$0 |
38.37% |
Individual Accident Only
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.02% |
227 |
$13,466 |
$13,466 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
393,021 |
$60,851,889 |
$60,538,383 |
$0 |
$25,153,595 |
$26,631,367 |
43.99% |
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% |
18 |
$0 |
$0 |
$0 |
$0 |
|
| Missouri Total |
100.00% |
35,168 |
$88,322,375 |
$0 |
$67,670,481 |
$0 |
76.62% |
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 |
3.62% |
23,067 |
$19,040,832 |
$0 |
$10,700,583 |
$11,986,033 |
56.20% |
| Missouri Total |
100.00% |
795,249 |
$525,385,950 |
$8,845,988 |
$339,675,856 |
$203,596,900 |
64.65% |
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 |
0.21% |
318 |
$1,362,942 |
$0 |
$514,625 |
$90,909 |
37.76% |
| Missouri Total |
100.00% |
406,253 |
$660,286,496 |
$8,499,156 |
$943,715,575 |
$69,951,763 |
142.93% |
Individual Variable Annuities
|
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% |
13 |
$0 |
$0 |
$18,785 |
$0 |
|
| Missouri Total |
100.00% |
278,279 |
$1,523,345,155 |
$596,897 |
$3,156,736,691 |
$0 |
207.22% |
Individual Variable 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% |
2 |
$3,114 |
$0 |
$0 |
$213 |
0.00% |
| Missouri Total |
100.00% |
87,132 |
$172,532,787 |
$4,864,911 |
$206,031,306 |
$21,059,925 |
119.42% |
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 |
0.01% |
368 |
$60,516 |
$48,937 |
$331,693 |
$2,521 |
628.97% |
| Missouri Total |
100.00% |
1,592,541 |
$775,630,125 |
$276,746,998 |
$771,374,555 |
$56,539,870 |
99.45% |
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 |
0.00% |
227 |
$13,466 |
$13,466 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
16,482,012 |
$10,499,610,539 |
$10,421,638,811 |
$9,249,439 |
$8,012,819,707 |
$8,027,300,051 |
77.03% |
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 |
0.40% |
825 |
$18,156,571 |
$0 |
$318,934 |
$0 |
1.76% |
| Missouri Total |
100.00% |
3,221,793 |
$4,528,316,816 |
$9,988,567 |
$3,617,917,486 |
$238,585,539 |
79.90% |
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 |
0.00% |
227 |
$13,466 |
$13,466 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
2,264,917 |
$3,556,573,144 |
$3,539,697,368 |
$8,860,346 |
$2,619,589,481 |
$2,627,018,742 |
74.22% |
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 |
0.34% |
23,786 |
$20,467,404 |
$48,937 |
$11,565,686 |
$12,079,676 |
56.75% |
| Missouri Total |
100.00% |
3,623,481 |
$5,943,949,765 |
$335,416,271 |
$7,663,891,933 |
$351,896,788 |
128.94% |
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 |
0.37% |
24,611 |
$38,623,975 |
$48,937 |
$11,884,620 |
$12,079,676 |
30.90% |
| Missouri Total |
100.00% |
6,845,274 |
$10,472,266,581 |
$345,404,838 |
$11,281,809,419 |
$590,482,327 |
107.73% |