Company Name:
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANYCompany Address:
1 FOUNTAIN SQUARE
CHATTANOOGA, TN 37402-1389Mailing Address:
1 FOUNTAIN SQUARE
CHATTANOOGA, TN 37402-1330Description:
Life and Health (Ch 376 & 377, RSMo)Date Admitted:
1917-01-02
| Line |
Authorized Date |
| Accident and Health |
1917-01-02 |
| Life, annuities and endowments |
1917-01-02 |
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 |
0.45% |
14,129 |
$370,802 |
$366,565 |
$0 |
$225,000 |
$239,372 |
65.30% |
| 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 |
0.02% |
0 |
$19,598 |
$151,526 |
$0 |
$285,062 |
$162,705 |
107.38% |
| Missouri Total |
100.00% |
56,462 |
$85,548,471 |
$85,403,255 |
$44,289 |
$64,916,916 |
$64,784,187 |
75.86% |
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 |
1.88% |
20,402 |
$2,864,203 |
$2,835,273 |
$0 |
$1,599,433 |
$3,096,276 |
109.21% |
| Missouri Total |
100.00% |
834,542 |
$152,733,264 |
$151,353,310 |
$70,304 |
$100,717,628 |
$131,430,261 |
86.84% |
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 |
0.01% |
267 |
$18,708 |
$19,198 |
$0 |
$480 |
$398 |
2.07% |
| Missouri Total |
100.00% |
2,131,422 |
$144,079,081 |
$143,935,582 |
$0 |
$32,023,723 |
$34,502,186 |
23.97% |
Group 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 |
0.57% |
64 |
$65,850 |
$70,744 |
$0 |
$7,831 |
$22,595 |
31.94% |
| Missouri Total |
100.00% |
26,351 |
$11,650,062 |
$9,824,529 |
$1,020 |
$5,848,194 |
$6,303,595 |
64.16% |
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 |
0.00% |
0 |
$0 |
$0 |
$2,537,772 |
$0 |
|
| Missouri Total |
100.00% |
160,810 |
$181,983,805 |
$941,968 |
$342,626,170 |
$0 |
188.27% |
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 |
0.00% |
2 |
$86 |
$93 |
$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 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 |
3.88% |
144,235 |
$11,576,310 |
$0 |
$7,669,414 |
$6,404,145 |
66.25% |
| 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 |
0.01% |
8 |
$5,224 |
$0 |
$2,361 |
$1,008 |
45.20% |
| 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% |
132 |
$300 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
303,604 |
$1,683,353,647 |
$429 |
$1,117,711,940 |
$0 |
66.40% |
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 |
8.78% |
7,148 |
$6,112,453 |
$6,329,503 |
$0 |
$3,520,379 |
$3,615,401 |
57.12% |
| 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 |
0.01% |
56 |
$2,847 |
$3,343 |
$0 |
$888 |
$956 |
28.60% |
| Missouri Total |
100.00% |
153,220 |
$21,859,161 |
$22,356,191 |
$8,468 |
$13,944,908 |
$14,001,267 |
62.63% |
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% |
6 |
$0 |
$0 |
$1,487,104 |
$0 |
|
| 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 |
0.34% |
638 |
$107,954 |
$110,976 |
$0 |
$4,975 |
$5,352 |
4.82% |
| 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 |
0.38% |
274 |
$814,831 |
$0 |
$756,811 |
$45,911 |
92.88% |
| 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 |
0.63% |
2,932 |
$2,338,744 |
$0 |
$2,172,213 |
$131,776 |
92.88% |
| 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 |
0.92% |
7,888 |
$7,268,180 |
$544 |
$6,750,649 |
$409,523 |
92.89% |
| 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 |
0.33% |
42,706 |
$9,562,501 |
$9,887,221 |
$0 |
$5,644,048 |
$7,143,055 |
72.25% |
| 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 |
0.16% |
34,864 |
$3,339,247 |
$3,443,399 |
$0 |
$2,117,806 |
$3,521,346 |
102.26% |
| 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 |
0.39% |
144,243 |
$11,581,534 |
$0 |
$10,209,547 |
$6,405,153 |
88.15% |
| 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 |
0.81% |
7,842 |
$6,223,254 |
$6,443,822 |
$0 |
$3,526,242 |
$3,621,709 |
56.20% |
| 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 |
0.26% |
11,232 |
$10,422,055 |
$544 |
$11,166,777 |
$587,210 |
107.15% |
| 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 |
0.31% |
155,475 |
$22,003,589 |
$544 |
$21,376,324 |
$6,992,363 |
97.15% |
| Missouri Total |
100.00% |
9,843,408 |
$6,986,715,953 |
$339,143,629 |
$6,481,578,182 |
$333,215,628 |
92.77% |