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 |
0.11% |
376 |
$103,989 |
$104,820 |
$0 |
$3,414 |
$-22,813 |
-21.76% |
| Missouri Total |
100.00% |
3,842,968 |
$93,669,143 |
$94,083,836 |
$8,069 |
$44,365,104 |
$45,430,057 |
48.29% |
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 |
1.12% |
938 |
$2,368,427 |
$2,765,481 |
$0 |
$1,860,386 |
$1,844,457 |
66.70% |
| Missouri Total |
100.00% |
87,007 |
$210,628,599 |
$212,603,261 |
$0 |
$160,926,194 |
$161,360,391 |
75.90% |
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% |
219 |
$31,473 |
$32,623 |
$0 |
$16,036 |
$15,761 |
48.31% |
| Missouri Total |
100.00% |
826,186 |
$218,668,481 |
$223,189,228 |
$0 |
$161,839,723 |
$162,520,532 |
72.82% |
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 |
0.01% |
92 |
$17,835 |
$18,121 |
$0 |
$0 |
$-227 |
-1.25% |
| Missouri Total |
100.00% |
1,177,801 |
$258,592,907 |
$262,161,281 |
$167,007 |
$202,323,947 |
$214,633,320 |
81.87% |
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 |
0.02% |
730 |
$35,541 |
$35,868 |
$0 |
$10,624 |
$10,575 |
29.48% |
| Missouri Total |
100.00% |
2,036,305 |
$149,044,553 |
$149,533,800 |
$21,496 |
$98,519,019 |
$100,921,166 |
67.49% |
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 |
0.29% |
322 |
$51,219 |
$51,611 |
$0 |
$0 |
$3,616 |
7.01% |
| Missouri Total |
100.00% |
124,594 |
$17,607,701 |
$17,682,609 |
$0 |
$8,390,650 |
$8,009,832 |
45.30% |
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 |
0.00% |
54 |
$8,036 |
$0 |
$0 |
$1,542 |
0.00% |
| Missouri Total |
100.00% |
2,054,926 |
$449,567,475 |
$1,582,466 |
$372,423,531 |
$192,947,665 |
82.84% |
Group 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% |
1 |
$0 |
$0 |
$0 |
$2 |
|
| Missouri Total |
100.00% |
105,006 |
$43,223,282 |
$18,881 |
$133,327,424 |
$1,199,697 |
308.46% |
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 |
0.07% |
169 |
$39,979 |
$40,087 |
$0 |
$32,964 |
$25,592 |
63.84% |
| Missouri Total |
100.00% |
464,273 |
$59,535,290 |
$60,410,372 |
$0 |
$27,176,435 |
$28,289,411 |
46.83% |
Individual Comprehensive Medical Expense
|
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% |
27 |
$50,329 |
$50,162 |
$0 |
$95,952 |
$99,058 |
197.48% |
| Missouri Total |
100.00% |
180,316 |
$414,007,266 |
$423,602,580 |
$2,985 |
$324,023,037 |
$325,668,927 |
76.88% |
Individual Dental
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.13% |
90 |
$26,044 |
$26,906 |
$0 |
$17,989 |
$18,109 |
67.30% |
| Missouri Total |
100.00% |
74,933 |
$20,585,953 |
$20,492,069 |
$255 |
$12,405,523 |
$12,768,492 |
62.31% |
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 |
0.01% |
91 |
$13,376 |
$13,376 |
$0 |
$2,405 |
$2,405 |
17.98% |
| Missouri Total |
100.00% |
135,165 |
$107,027,647 |
$107,539,883 |
$6,573,959 |
$66,651,155 |
$86,051,840 |
80.02% |
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 |
0.06% |
577 |
$19,927 |
$20,311 |
$0 |
$12,908 |
$12,833 |
63.18% |
| Missouri Total |
100.00% |
256,069 |
$33,897,113 |
$33,974,020 |
$5,104 |
$14,688,218 |
$14,849,565 |
43.71% |
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 |
0.00% |
1 |
$2,028 |
$2,028 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
130,101 |
$205,162,078 |
$198,031,471 |
$286,329 |
$140,639,101 |
$183,676,020 |
92.75% |
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% |
1 |
$1,198 |
$1,198 |
$0 |
$330 |
$330 |
27.55% |
| Missouri Total |
100.00% |
201,642 |
$432,218,959 |
$428,876,386 |
$0 |
$313,127,641 |
$315,120,265 |
73.48% |
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% |
54 |
$1,612 |
$0 |
$20,704 |
$0 |
1,284.37% |
| Missouri Total |
100.00% |
248,110 |
$1,498,421,322 |
$33,382,396 |
$1,202,769,908 |
$0 |
80.27% |
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 |
0.02% |
78 |
$13,275 |
$13,267 |
$0 |
$77,801 |
$77,764 |
586.15% |
| Missouri Total |
100.00% |
264,068 |
$71,620,512 |
$71,053,985 |
$2,265 |
$36,306,670 |
$38,124,188 |
53.66% |
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 |
0.03% |
373 |
$119,637 |
$0 |
$27,970 |
$26,058 |
23.38% |
| Missouri Total |
100.00% |
762,712 |
$459,199,454 |
$9,327,670 |
$284,546,888 |
$177,019,345 |
61.97% |
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 |
0.01% |
178 |
$86,108 |
$0 |
$326,686 |
$11,361 |
379.39% |
| Missouri Total |
100.00% |
414,332 |
$584,005,588 |
$4,448,899 |
$578,379,507 |
$54,841,288 |
99.04% |
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% |
226 |
$141,942 |
$3,139 |
$73,067 |
$2,044 |
53.69% |
| Missouri Total |
100.00% |
1,718,984 |
$800,035,507 |
$295,802,034 |
$1,046,845,286 |
$62,696,071 |
130.85% |
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 |
0.03% |
3,711 |
$2,774,640 |
$3,175,859 |
$0 |
$2,130,809 |
$2,087,460 |
65.73% |
| Missouri Total |
100.00% |
12,500,492 |
$7,974,854,561 |
$7,996,297,423 |
$7,067,469 |
$6,201,891,967 |
$6,312,363,452 |
78.94% |
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 |
0.05% |
2,677 |
$2,608,484 |
$3,008,524 |
$0 |
$1,890,460 |
$1,851,369 |
61.54% |
| Missouri Total |
100.00% |
10,396,531 |
$5,583,093,864 |
$5,607,047,195 |
$196,572 |
$4,420,764,843 |
$4,457,465,833 |
79.50% |
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% |
55 |
$8,036 |
$0 |
$0 |
$1,544 |
0.00% |
| Missouri Total |
100.00% |
3,128,709 |
$4,015,997,394 |
$6,530,988 |
$3,539,780,228 |
$215,259,826 |
88.14% |
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 |
0.01% |
1,034 |
$166,156 |
$167,335 |
$0 |
$240,349 |
$236,091 |
141.09% |
| Missouri Total |
100.00% |
2,103,961 |
$2,391,760,697 |
$2,389,250,228 |
$6,870,897 |
$1,781,127,124 |
$1,854,897,619 |
77.64% |
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% |
831 |
$349,299 |
$3,139 |
$448,427 |
$39,463 |
129.28% |
| Missouri Total |
100.00% |
3,717,650 |
$7,090,300,656 |
$347,516,660 |
$5,793,774,529 |
$316,719,570 |
81.71% |
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 |
0.00% |
886 |
$357,335 |
$3,139 |
$448,427 |
$41,007 |
126.37% |
| Missouri Total |
100.00% |
6,846,359 |
$11,106,298,050 |
$354,047,648 |
$9,333,554,757 |
$531,979,396 |
84.04% |