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% |
26 |
$872 |
$1,002 |
$0 |
$200,000 |
$114,276 |
11,404.79% |
| Missouri Total |
100.00% |
3,112,536 |
$97,329,393 |
$100,542,729 |
$7,550 |
$47,953,765 |
$47,896,762 |
47.64% |
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% |
105,741 |
$440,123,270 |
$0 |
$62,217,325 |
$0 |
14.14% |
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 |
0.03% |
261 |
$76,589 |
$76,505 |
$0 |
$602,139 |
$270,633 |
353.75% |
| Missouri Total |
100.00% |
1,121,340 |
$252,694,869 |
$257,839,761 |
$192,170 |
$197,779,613 |
$212,375,298 |
82.37% |
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 |
0.12% |
42 |
$40,016 |
$40,016 |
$0 |
$91,224 |
$130,221 |
325.42% |
| Missouri Total |
100.00% |
55,332 |
$34,257,863 |
$31,694,453 |
$0 |
$13,674,442 |
$20,819,619 |
65.69% |
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% |
1,043 |
$-1,930 |
$0 |
$2,504,248 |
$0 |
-129,753.78% |
| Missouri Total |
100.00% |
321,658 |
$443,394,917 |
$4,816,386 |
$371,677,173 |
$0 |
83.83% |
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% |
39 |
$65,347 |
$0 |
$513,885 |
$4,715 |
786.39% |
| Missouri Total |
100.00% |
2,832,492 |
$447,738,187 |
$1,506,242 |
$523,710,194 |
$185,062,694 |
116.97% |
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% |
1 |
$1,042 |
$0 |
$0 |
$90 |
0.00% |
| Missouri Total |
100.00% |
95,693 |
$31,832,669 |
$56,713 |
$51,013,309 |
$9,165,384 |
160.25% |
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 |
4.39% |
10,128 |
$2,584,462 |
$2,618,333 |
$0 |
$512,288 |
$523,878 |
20.01% |
| Missouri Total |
100.00% |
785,239 |
$58,883,142 |
$59,145,160 |
$0 |
$27,889,908 |
$27,623,899 |
46.71% |
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% |
39 |
$5,000 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
42,079 |
$147,958,412 |
$51,646 |
$46,172,956 |
$0 |
31.21% |
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 |
11.86% |
21,744 |
$12,496,776 |
$12,809,944 |
$0 |
$9,282,564 |
$9,910,131 |
77.36% |
| Missouri Total |
100.00% |
136,156 |
$105,387,618 |
$103,445,226 |
$6,069,332 |
$61,752,219 |
$57,928,897 |
56.00% |
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 |
0.10% |
106 |
$34,244 |
$34,693 |
$0 |
$7,195 |
$7,358 |
21.21% |
| Missouri Total |
100.00% |
240,193 |
$33,260,202 |
$33,292,598 |
$5,423 |
$14,973,051 |
$15,018,085 |
45.11% |
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 |
0.26% |
320 |
$541,019 |
$547,197 |
$0 |
$26,156 |
$60,490 |
11.05% |
| Missouri Total |
100.00% |
126,761 |
$207,496,536 |
$193,756,171 |
$235,333 |
$128,905,231 |
$163,123,353 |
84.19% |
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 |
$1,149 |
$0 |
|
| Missouri Total |
100.00% |
278,551 |
$1,192,968,099 |
$34,403,385 |
$1,258,219,180 |
$0 |
105.47% |
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 |
2.37% |
6,321 |
$1,619,297 |
$1,640,519 |
$0 |
$305,005 |
$311,905 |
19.01% |
| Missouri Total |
100.00% |
260,213 |
$68,187,490 |
$68,789,302 |
$1,341 |
$31,174,856 |
$32,705,387 |
47.54% |
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% |
220 |
$43,980 |
$0 |
$11,102 |
$10,360 |
25.24% |
| Missouri Total |
100.00% |
755,539 |
$457,331,590 |
$9,032,450 |
$360,743,348 |
$170,696,118 |
78.88% |
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 |
0.15% |
10,969 |
$854,959 |
$0 |
$419,218 |
$245,574 |
49.03% |
| Missouri Total |
100.00% |
417,158 |
$568,381,773 |
$3,756,845 |
$446,012,031 |
$56,472,546 |
78.47% |
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% |
9,199 |
$7,384,794 |
$0 |
$1,368,124 |
$633,119 |
18.53% |
| Missouri Total |
100.00% |
1,801,980 |
$786,350,923 |
$299,868,378 |
$863,513,981 |
$61,583,420 |
109.81% |
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% |
38,948 |
$17,393,275 |
$17,768,209 |
$0 |
$11,026,571 |
$11,328,892 |
63.76% |
| Missouri Total |
100.00% |
11,785,508 |
$7,733,794,910 |
$7,669,980,899 |
$6,519,910 |
$5,911,322,986 |
$5,976,131,069 |
77.92% |
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% |
329 |
$117,477 |
$117,523 |
$0 |
$893,363 |
$515,130 |
438.32% |
| Missouri Total |
100.00% |
9,396,116 |
$5,486,190,042 |
$5,454,628,664 |
$205,369 |
$4,263,189,480 |
$4,288,010,354 |
78.61% |
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% |
1,084 |
$64,459 |
$0 |
$3,018,133 |
$4,805 |
4,682.25% |
| Missouri Total |
100.00% |
3,993,692 |
$2,842,665,037 |
$6,404,960 |
$3,232,222,483 |
$209,024,312 |
113.70% |
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 |
0.77% |
38,619 |
$17,275,798 |
$17,650,686 |
$0 |
$10,133,208 |
$10,813,762 |
61.27% |
| Missouri Total |
100.00% |
2,389,392 |
$2,247,604,868 |
$2,215,352,235 |
$6,314,541 |
$1,648,133,506 |
$1,688,120,715 |
76.20% |
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 |
0.11% |
20,428 |
$8,288,733 |
$0 |
$1,799,593 |
$889,053 |
21.71% |
| Missouri Total |
100.00% |
3,830,121 |
$7,289,931,657 |
$351,144,401 |
$5,459,702,496 |
$309,934,979 |
74.89% |
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 |
0.08% |
21,512 |
$8,353,192 |
$0 |
$4,817,726 |
$893,858 |
57.68% |
| Missouri Total |
100.00% |
7,823,813 |
$10,132,596,694 |
$357,549,361 |
$8,691,924,979 |
$518,959,291 |
85.78% |