Company Name:
MEGA LIFE AND HEALTH INSURANCE COMPANY THECompany Address:
1833 SOUTH MORGAN ROAD
OKLAHOMA CITY, OK 73128Mailing Address:
9151 BOULEVARD 26
NORTH RICHLAND HILLS, TX 76180Description:
Life and Health (Ch 376 & 377, RSMo)Date Admitted:
2014-12-30
| Line |
Authorized Date |
| Accident and Health |
1983-11-28 |
| Life, annuities and endowments |
1983-11-28 |
Group 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 |
0.00% |
5 |
$1,204 |
$1,169 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
3,399,383 |
$81,852,863 |
$80,994,534 |
$-5,908 |
$31,854,876 |
$32,835,362 |
40.54% |
Group Comprehensive Medical Expense - Association
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
2.75% |
1,931 |
$2,356,064 |
$2,287,069 |
$0 |
$1,169,277 |
$1,189,851 |
52.03% |
| Missouri Total |
100.00% |
56,462 |
$85,548,471 |
$85,403,255 |
$44,289 |
$64,916,916 |
$64,784,187 |
75.86% |
Group Comprehensive Medical Expense - Large Employer
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.05% |
1,587 |
$359,553 |
$346,539 |
$0 |
$243,480 |
$251,082 |
72.45% |
| Missouri Total |
100.00% |
531,472 |
$685,689,657 |
$686,291,781 |
$11,089,157 |
$590,885,516 |
$587,277,863 |
85.57% |
Group Credit 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 |
$0 |
$0 |
$0 |
$5 |
|
| Missouri Total |
100.00% |
735,883 |
$56,821,057 |
$86,251 |
$22,203,611 |
$3,797,893 |
39.08% |
Group Dental
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.01% |
72 |
$10,434 |
$10,128 |
$0 |
$3,326 |
$3,384 |
33.41% |
| Missouri Total |
100.00% |
543,778 |
$124,088,917 |
$123,072,091 |
$153,756 |
$91,543,810 |
$90,050,255 |
73.17% |
Group Limited Benefit
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.08% |
888 |
$109,530 |
$106,323 |
$0 |
$65,718 |
$66,874 |
62.90% |
| Missouri Total |
100.00% |
2,131,422 |
$144,079,081 |
$143,935,582 |
$0 |
$32,023,723 |
$34,502,186 |
23.97% |
Group Short Term Credit Disability
|
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% |
0 |
$0 |
$139 |
$0 |
$982 |
$196 |
141.01% |
| Missouri Total |
100.00% |
701,302 |
$48,145,871 |
$45,082,172 |
$0 |
$16,644,696 |
$18,309,348 |
40.61% |
Group 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 |
0.22% |
77 |
$10,761 |
$10,446 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
48,518 |
$4,811,200 |
$4,853,037 |
$0 |
$1,796,141 |
$1,006,930 |
20.75% |
Group Stop Loss
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.34% |
3 |
$312,542 |
$123,987 |
$0 |
$1,020,671 |
$-159,642 |
-128.76% |
| Missouri Total |
100.00% |
562,532 |
$90,893,000 |
$91,065,625 |
$0 |
$66,606,279 |
$66,368,730 |
72.88% |
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 |
0.01% |
261 |
$21,308 |
$0 |
$121,191 |
$1,675 |
568.76% |
| Missouri Total |
100.00% |
3,054,153 |
$298,123,665 |
$3,111,616 |
$900,454,791 |
$116,091,201 |
302.04% |
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 |
0.36% |
518 |
$102,795 |
$97,474 |
$0 |
$23,926 |
$17,032 |
17.47% |
| Missouri Total |
100.00% |
433,445 |
$28,663,061 |
$28,439,386 |
$18,459 |
$9,478,209 |
$10,755,430 |
37.82% |
Individual 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 |
0.05% |
297 |
$38,110 |
$36,137 |
$0 |
$5,891 |
$4,194 |
11.61% |
| Missouri Total |
100.00% |
122,632 |
$69,624,534 |
$70,808,118 |
$485,627 |
$39,245,301 |
$51,999,855 |
73.44% |
Individual Limited Benefit
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.15% |
34 |
$33,400 |
$31,671 |
$0 |
$2,226 |
$1,585 |
5.00% |
| Missouri Total |
100.00% |
153,220 |
$21,859,161 |
$22,356,191 |
$8,468 |
$13,944,908 |
$14,001,267 |
62.63% |
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 |
0.00% |
5 |
$5,750 |
$5,750 |
$0 |
$7,056 |
$7,056 |
122.71% |
| Missouri Total |
100.00% |
168,025 |
$240,630,139 |
$237,773,684 |
$0 |
$182,467,069 |
$186,599,508 |
78.48% |
Individual 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 |
0.00% |
104 |
$-1,623 |
$0 |
$19,015 |
$0 |
-1,171.60% |
| Missouri Total |
100.00% |
203,446 |
$373,200,127 |
$3,258,370 |
$900,976,486 |
$0 |
241.42% |
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 |
0.09% |
184 |
$26,950 |
$25,555 |
$0 |
$4,500 |
$3,203 |
12.53% |
| 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 |
0.12% |
343 |
$256,104 |
$0 |
$50,000 |
$15,615 |
19.52% |
| 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 |
0.04% |
305 |
$142,819 |
$0 |
$295,641 |
$19,303 |
207.00% |
| 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 |
0.02% |
1,032 |
$130,866 |
$21,900 |
$226,332 |
$45,542 |
189.68% |
| 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 |
0.12% |
5,601 |
$3,367,093 |
$3,082,387 |
$0 |
$2,547,053 |
$1,384,815 |
44.93% |
| 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 |
0.15% |
4,563 |
$3,160,088 |
$2,885,800 |
$0 |
$2,503,454 |
$1,351,745 |
46.84% |
| 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 |
0.00% |
263 |
$21,308 |
$0 |
$121,191 |
$1,680 |
568.76% |
| 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 |
0.03% |
1,038 |
$207,005 |
$196,587 |
$0 |
$43,599 |
$33,070 |
16.82% |
| 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 |
0.01% |
1,784 |
$528,166 |
$21,900 |
$590,988 |
$80,460 |
116.04% |
| 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% |
2,047 |
$549,474 |
$21,900 |
$712,179 |
$82,140 |
133.60% |
| Missouri Total |
100.00% |
9,843,408 |
$6,986,715,953 |
$339,143,629 |
$6,481,578,182 |
$333,215,628 |
92.77% |