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 |
-0.05% |
1,745 |
$-40,950 |
$48,891 |
$0 |
$464,449 |
$350,824 |
717.56% |
| Missouri Total |
100.00% |
2,219,297 |
$87,537,941 |
$88,045,683 |
$119,142 |
$42,280,493 |
$43,315,043 |
49.20% |
Group 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% |
1,302 |
$51 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
152,845 |
$912,652,486 |
$0 |
$238,901,277 |
$0 |
26.18% |
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 |
0.75% |
5,225 |
$1,554,906 |
$1,526,719 |
$0 |
$2,021,588 |
$2,218,683 |
145.32% |
| Missouri Total |
100.00% |
966,905 |
$207,926,823 |
$208,768,671 |
$12,202 |
$139,285,242 |
$148,519,747 |
71.14% |
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% |
168 |
$13,058 |
$17,135 |
$0 |
$645 |
$-617 |
-3.60% |
| Missouri Total |
100.00% |
2,355,746 |
$149,430,834 |
$149,659,814 |
$0 |
$36,410,456 |
$40,099,664 |
26.79% |
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 |
0.28% |
53 |
$60,231 |
$86,980 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
45,571 |
$21,299,034 |
$17,682,518 |
$1,330 |
$7,096,998 |
$8,552,962 |
48.37% |
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 |
$2,479,989 |
$0 |
|
| Missouri Total |
100.00% |
359,034 |
$560,615,173 |
$706,082 |
$731,466,554 |
$0 |
130.48% |
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 |
0.82% |
10,013 |
$2,855,759 |
$0 |
$4,868,940 |
$279,849 |
170.50% |
| Missouri Total |
100.00% |
2,776,226 |
$346,465,528 |
$3,769,039 |
$348,268,875 |
$137,313,054 |
100.52% |
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% |
5 |
$8,990 |
$0 |
$0 |
$366 |
0.00% |
| Missouri Total |
100.00% |
73,657 |
$84,220,414 |
$114,261 |
$22,705,391 |
$6,921,320 |
26.96% |
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% |
84 |
$2,949 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
42,871 |
$102,610,655 |
$498,456 |
$39,995,760 |
$0 |
38.98% |
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 |
10.33% |
8,542 |
$7,794,906 |
$8,018,383 |
$0 |
$6,561,627 |
$8,020,413 |
100.03% |
| Missouri Total |
100.00% |
125,665 |
$75,424,426 |
$76,643,511 |
$1,128,031 |
$44,821,395 |
$54,384,423 |
70.96% |
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% |
43 |
$2,395 |
$2,579 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
145,722 |
$23,832,756 |
$23,694,730 |
$7,114 |
$11,594,074 |
$12,130,196 |
51.19% |
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 |
0.06% |
70 |
$92,163 |
$60,017 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
120,489 |
$160,677,734 |
$152,231,374 |
$9,757 |
$60,749,850 |
$85,685,868 |
56.29% |
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% |
0 |
$0 |
$0 |
$3,679 |
$0 |
|
| Missouri Total |
100.00% |
323,194 |
$1,266,302,842 |
$1,915,121 |
$823,503,089 |
$0 |
65.03% |
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 |
0.78% |
1,500 |
$343,883 |
$368,091 |
$0 |
$83,603 |
$87,206 |
23.69% |
| Missouri Total |
100.00% |
217,565 |
$44,329,413 |
$45,000,689 |
$0 |
$21,077,976 |
$23,153,492 |
51.45% |
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% |
147 |
$80,277 |
$0 |
$13,965 |
$10,177 |
17.40% |
| Missouri Total |
100.00% |
682,356 |
$311,467,903 |
$10,173,738 |
$184,996,306 |
$93,566,603 |
59.39% |
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 |
0.20% |
2,906 |
$999,896 |
$0 |
$1,587,686 |
$118,007 |
158.79% |
| Missouri Total |
100.00% |
458,295 |
$491,131,691 |
$6,524,954 |
$331,504,239 |
$43,493,081 |
67.50% |
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 |
1.29% |
11,397 |
$9,250,278 |
$0 |
$1,308,756 |
$640,680 |
14.15% |
| Missouri Total |
100.00% |
2,308,146 |
$719,119,352 |
$323,220,961 |
$797,276,767 |
$66,887,681 |
110.87% |
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 |
0.25% |
17,346 |
$9,820,592 |
$10,128,795 |
$0 |
$9,131,912 |
$10,676,509 |
105.41% |
| Missouri Total |
100.00% |
10,342,971 |
$3,852,900,654 |
$3,820,337,190 |
$1,631,763 |
$2,664,219,455 |
$2,730,742,332 |
71.48% |
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 |
0.06% |
7,191 |
$1,587,245 |
$1,679,725 |
$0 |
$2,486,682 |
$2,568,890 |
152.94% |
| Missouri Total |
100.00% |
8,540,410 |
$2,878,594,040 |
$2,850,934,447 |
$443,521 |
$2,086,264,285 |
$2,118,878,045 |
74.32% |
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 |
0.09% |
11,320 |
$2,864,800 |
$0 |
$7,348,929 |
$280,215 |
256.53% |
| Missouri Total |
100.00% |
4,461,154 |
$3,210,980,742 |
$9,512,580 |
$2,151,672,191 |
$158,266,535 |
67.01% |
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 |
0.85% |
10,155 |
$8,233,347 |
$8,449,070 |
$0 |
$6,645,230 |
$8,107,619 |
95.96% |
| Missouri Total |
100.00% |
1,802,561 |
$974,306,614 |
$969,402,743 |
$1,188,242 |
$577,955,170 |
$611,864,287 |
63.12% |
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 |
0.21% |
14,534 |
$10,333,400 |
$0 |
$2,914,086 |
$768,864 |
28.20% |
| Missouri Total |
100.00% |
4,330,504 |
$4,930,506,696 |
$404,183,765 |
$3,349,037,869 |
$235,658,520 |
67.92% |
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 |
0.16% |
25,854 |
$13,198,200 |
$0 |
$10,263,015 |
$1,049,079 |
77.76% |
| Missouri Total |
100.00% |
8,791,658 |
$8,141,487,438 |
$413,696,345 |
$5,500,710,060 |
$393,925,055 |
67.56% |