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 |
0.07% |
292 |
$67,411 |
$68,032 |
$0 |
$1,200 |
$-454 |
-0.67% |
| Missouri Total |
100.00% |
4,563,228 |
$99,026,369 |
$100,643,515 |
$6,319 |
$47,957,270 |
$49,955,641 |
49.64% |
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 |
1.06% |
764 |
$2,191,189 |
$2,261,928 |
$0 |
$1,842,131 |
$1,315,065 |
58.14% |
| Missouri Total |
100.00% |
85,198 |
$207,186,021 |
$208,643,668 |
$0 |
$151,685,312 |
$152,833,979 |
73.25% |
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% |
161 |
$23,609 |
$23,852 |
$0 |
$15,139 |
$14,773 |
61.94% |
| Missouri Total |
100.00% |
733,895 |
$220,118,548 |
$219,285,057 |
$0 |
$165,816,300 |
$166,155,018 |
75.77% |
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% |
75 |
$14,587 |
$14,666 |
$0 |
$0 |
$-17 |
-0.12% |
| Missouri Total |
100.00% |
1,125,267 |
$259,900,676 |
$260,513,436 |
$253,141 |
$212,934,734 |
$228,524,884 |
87.72% |
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% |
612 |
$30,449 |
$30,738 |
$0 |
$18,491 |
$19,485 |
63.39% |
| Missouri Total |
100.00% |
2,131,261 |
$151,711,089 |
$151,494,391 |
$27,515 |
$105,597,381 |
$107,054,384 |
70.67% |
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% |
265 |
$44,136 |
$44,092 |
$0 |
$0 |
$-2,763 |
-6.27% |
| Missouri Total |
100.00% |
138,338 |
$19,968,532 |
$20,217,703 |
$0 |
$7,509,688 |
$7,535,509 |
37.27% |
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% |
46 |
$6,950 |
$0 |
$7,500 |
$1,242 |
107.91% |
| Missouri Total |
100.00% |
1,930,429 |
$461,332,940 |
$959,139 |
$410,753,431 |
$185,424,318 |
89.04% |
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 |
$1 |
|
| Missouri Total |
100.00% |
126,737 |
$44,471,778 |
$38,790 |
$67,139,980 |
$1,649,781 |
150.97% |
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 |
0.06% |
158 |
$32,762 |
$32,754 |
$0 |
$5,149 |
$5,149 |
15.72% |
| Missouri Total |
100.00% |
460,939 |
$56,610,700 |
$56,692,594 |
$0 |
$23,953,435 |
$23,581,126 |
41.59% |
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% |
25 |
$48,157 |
$48,419 |
$0 |
$65,761 |
$59,596 |
123.08% |
| Missouri Total |
100.00% |
189,260 |
$438,556,358 |
$441,259,579 |
$2,918 |
$349,105,794 |
$352,000,915 |
79.77% |
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 |
0.07% |
67 |
$17,669 |
$17,522 |
$0 |
$12,271 |
$12,290 |
70.14% |
| Missouri Total |
100.00% |
89,039 |
$26,365,639 |
$26,384,901 |
$0 |
$14,775,980 |
$14,722,908 |
55.80% |
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% |
87 |
$12,771 |
$12,767 |
$0 |
$2,500 |
$2,500 |
19.58% |
| Missouri Total |
100.00% |
132,281 |
$105,542,504 |
$105,371,718 |
$6,950,961 |
$71,328,656 |
$74,759,002 |
70.95% |
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 |
0.04% |
464 |
$14,811 |
$15,145 |
$0 |
$8,597 |
$8,597 |
56.76% |
| Missouri Total |
100.00% |
290,774 |
$35,291,790 |
$35,364,908 |
$4,704 |
$15,111,733 |
$16,011,121 |
45.27% |
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 |
$2,027 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
130,788 |
$207,446,905 |
$201,536,525 |
$186,952 |
$149,032,662 |
$165,150,285 |
81.95% |
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% |
52 |
$1,223 |
$0 |
$2,184 |
$0 |
178.58% |
| Missouri Total |
100.00% |
254,119 |
$820,481,192 |
$36,978,880 |
$1,231,817,167 |
$0 |
150.13% |
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% |
70 |
$12,793 |
$12,839 |
$0 |
$69,081 |
$49,899 |
388.65% |
| Missouri Total |
100.00% |
265,464 |
$76,988,550 |
$76,905,133 |
$3,195 |
$35,184,258 |
$38,065,418 |
49.50% |
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 |
0.02% |
346 |
$109,503 |
$0 |
$101,770 |
$23,805 |
92.94% |
| Missouri Total |
100.00% |
760,176 |
$486,256,025 |
$9,019,426 |
$284,136,851 |
$182,064,792 |
58.43% |
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% |
169 |
$73,327 |
$0 |
$118,174 |
$11,124 |
161.16% |
| Missouri Total |
100.00% |
436,477 |
$677,869,479 |
$10,770,507 |
$711,940,887 |
$63,046,742 |
105.03% |
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% |
268 |
$124,169 |
$2,814 |
$185,903 |
$1,887 |
151.98% |
| Missouri Total |
100.00% |
1,660,800 |
$755,530,524 |
$273,724,432 |
$855,022,454 |
$54,961,625 |
113.17% |
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% |
3,041 |
$2,512,372 |
$2,584,781 |
$0 |
$2,040,320 |
$1,484,120 |
57.42% |
| Missouri Total |
100.00% |
13,433,428 |
$8,132,271,026 |
$8,147,875,452 |
$7,435,705 |
$6,452,592,964 |
$6,519,529,872 |
80.02% |
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 |
0.04% |
2,169 |
$2,371,381 |
$2,443,308 |
$0 |
$1,876,961 |
$1,346,089 |
55.09% |
| Missouri Total |
100.00% |
11,283,330 |
$5,727,050,370 |
$5,749,461,436 |
$286,975 |
$4,597,497,313 |
$4,611,181,967 |
80.20% |
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% |
47 |
$6,950 |
$0 |
$7,500 |
$1,243 |
107.91% |
| Missouri Total |
100.00% |
3,041,084 |
$4,385,152,172 |
$6,711,860 |
$2,998,327,713 |
$209,974,084 |
68.37% |
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% |
872 |
$140,991 |
$141,473 |
$0 |
$163,359 |
$138,031 |
97.57% |
| Missouri Total |
100.00% |
2,150,098 |
$2,405,220,656 |
$2,398,414,016 |
$7,148,730 |
$1,855,095,651 |
$1,908,347,905 |
79.57% |
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% |
835 |
$308,222 |
$2,814 |
$408,031 |
$36,816 |
133.30% |
| Missouri Total |
100.00% |
3,705,682 |
$7,440,114,475 |
$335,292,384 |
$6,256,056,770 |
$322,629,323 |
84.09% |
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% |
882 |
$315,172 |
$2,814 |
$415,531 |
$38,059 |
132.74% |
| Missouri Total |
100.00% |
6,746,766 |
$11,825,266,647 |
$342,004,244 |
$9,254,384,483 |
$532,603,407 |
78.26% |