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 |
0.00% |
62 |
$1,151 |
$500 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
3,963,850 |
$85,322,660 |
$83,068,482 |
$6,585 |
$45,564,463 |
$36,881,093 |
44.40% |
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 |
$0 |
$0 |
$0 |
$0 |
|
| Missouri Total |
100.00% |
110,469 |
$438,035,129 |
$0 |
$223,147,429 |
$0 |
50.94% |
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 |
0.04% |
378 |
$102,970 |
$105,433 |
$0 |
$824,670 |
$173,867 |
164.91% |
| Missouri Total |
100.00% |
1,373,925 |
$258,760,883 |
$256,420,533 |
$117,532 |
$176,556,410 |
$189,010,903 |
73.71% |
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 |
0.00% |
68 |
$5,246 |
$5,914 |
$0 |
$15,233 |
$26,982 |
456.24% |
| Missouri Total |
100.00% |
1,719,031 |
$155,451,272 |
$154,976,542 |
$841 |
$95,511,750 |
$90,523,451 |
58.41% |
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 |
0.19% |
46 |
$59,045 |
$59,732 |
$0 |
$85,603 |
$112,819 |
188.88% |
| Missouri Total |
100.00% |
50,329 |
$30,511,696 |
$30,496,420 |
$1,938 |
$11,247,802 |
$12,342,998 |
40.47% |
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% |
1,116 |
$0 |
$0 |
$2,674,007 |
$0 |
|
| Missouri Total |
100.00% |
312,317 |
$526,376,668 |
$1,467,933 |
$523,939,409 |
$0 |
99.54% |
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% |
66 |
$60,405 |
$0 |
$524,012 |
$5,235 |
867.50% |
| Missouri Total |
100.00% |
3,138,717 |
$455,540,029 |
$1,468,996 |
$489,986,143 |
$188,427,507 |
107.56% |
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 |
0.00% |
2 |
$1,191 |
$0 |
$0 |
$150 |
0.00% |
| Missouri Total |
100.00% |
63,158 |
$27,944,222 |
$57,450 |
$81,431,567 |
$5,840,091 |
291.41% |
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 |
3.50% |
7,670 |
$1,988,865 |
$2,099,762 |
$0 |
$163,759 |
$177,623 |
8.46% |
| Missouri Total |
100.00% |
693,929 |
$56,765,950 |
$56,974,426 |
$0 |
$25,067,281 |
$23,358,519 |
41.00% |
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% |
47 |
$2,500 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
36,738 |
$91,432,950 |
$97,555 |
$34,187,288 |
$0 |
37.39% |
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 |
11.85% |
20,897 |
$11,861,005 |
$12,346,209 |
$0 |
$7,395,444 |
$8,295,250 |
67.19% |
| Missouri Total |
100.00% |
136,747 |
$100,114,890 |
$100,166,356 |
$4,890,450 |
$58,330,893 |
$68,256,699 |
68.14% |
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 |
0.03% |
61 |
$11,798 |
$12,456 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
147,488 |
$33,850,119 |
$33,988,206 |
$7,580 |
$16,081,727 |
$15,289,477 |
44.98% |
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 |
0.31% |
333 |
$629,606 |
$640,028 |
$0 |
$36,839 |
$144,199 |
22.53% |
| Missouri Total |
100.00% |
128,533 |
$206,264,542 |
$196,427,601 |
$183,832 |
$107,862,055 |
$134,783,035 |
68.62% |
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% |
1 |
$0 |
$0 |
$1,115 |
$0 |
|
| Missouri Total |
100.00% |
284,596 |
$1,881,745,967 |
$26,323,356 |
$1,193,717,953 |
$0 |
63.44% |
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 |
2.40% |
5,492 |
$1,565,648 |
$1,652,947 |
$0 |
$449,274 |
$487,311 |
29.48% |
| Missouri Total |
100.00% |
246,211 |
$65,348,248 |
$65,173,053 |
$0 |
$29,873,193 |
$32,790,176 |
50.31% |
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 |
0.01% |
119 |
$27,780 |
$0 |
$104,661 |
$5,645 |
376.75% |
| Missouri Total |
100.00% |
779,743 |
$423,071,586 |
$8,376,438 |
$304,322,036 |
$163,806,914 |
71.93% |
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 |
0.18% |
6,307 |
$981,688 |
$0 |
$695,222 |
$167,794 |
70.82% |
| Missouri Total |
100.00% |
417,910 |
$536,202,703 |
$4,796,339 |
$501,958,628 |
$48,295,031 |
93.61% |
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 |
0.94% |
11,884 |
$7,549,181 |
$0 |
$1,294,597 |
$652,549 |
17.15% |
| Missouri Total |
100.00% |
1,884,316 |
$799,312,076 |
$307,533,931 |
$774,801,316 |
$60,890,331 |
96.93% |
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 |
0.22% |
35,007 |
$16,225,334 |
$16,922,981 |
$0 |
$8,970,822 |
$9,418,051 |
55.65% |
| Missouri Total |
100.00% |
12,713,587 |
$7,312,311,563 |
$7,274,695,579 |
$5,294,698 |
$5,673,688,510 |
$5,715,495,860 |
78.57% |
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 |
0.00% |
554 |
$168,412 |
$171,579 |
$0 |
$925,506 |
$313,668 |
182.81% |
| Missouri Total |
100.00% |
10,514,539 |
$5,121,340,548 |
$5,112,068,597 |
$209,111 |
$4,073,597,987 |
$4,087,892,605 |
79.97% |
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% |
1,185 |
$61,596 |
$0 |
$3,198,019 |
$5,385 |
5,191.93% |
| Missouri Total |
100.00% |
4,644,293 |
$3,067,810,984 |
$3,318,043 |
$2,619,191,596 |
$209,371,137 |
85.38% |
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 |
0.72% |
34,453 |
$16,056,922 |
$16,751,402 |
$0 |
$8,045,316 |
$9,104,383 |
54.35% |
| Missouri Total |
100.00% |
2,199,048 |
$2,190,971,015 |
$2,162,626,982 |
$5,085,587 |
$1,600,090,523 |
$1,627,603,255 |
75.26% |
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 |
0.14% |
18,358 |
$8,561,149 |
$0 |
$2,095,595 |
$825,988 |
24.48% |
| Missouri Total |
100.00% |
3,897,052 |
$6,338,128,203 |
$353,920,026 |
$4,496,127,439 |
$298,413,344 |
70.94% |
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 |
0.09% |
19,543 |
$8,622,745 |
$0 |
$5,293,614 |
$831,373 |
61.39% |
| Missouri Total |
100.00% |
8,541,345 |
$9,405,939,187 |
$357,238,069 |
$7,115,319,035 |
$507,784,481 |
75.65% |