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% |
0 |
$8 |
$20 |
$0 |
$0 |
$0 |
0.00% |
| Missouri Total |
100.00% |
4,563,228 |
$99,026,369 |
$100,643,515 |
$6,319 |
$47,957,270 |
$49,955,641 |
49.64% |
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% |
109,695 |
$771,451,359 |
$0 |
$74,484,253 |
$0 |
9.66% |
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% |
277 |
$68,925 |
$64,329 |
$0 |
$502,753 |
$33,222 |
51.64% |
| Missouri Total |
100.00% |
1,125,267 |
$259,900,676 |
$260,513,436 |
$253,141 |
$212,934,734 |
$228,524,884 |
87.72% |
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 |
0.11% |
40 |
$35,135 |
$35,135 |
$0 |
$70,553 |
$171,127 |
487.06% |
| Missouri Total |
100.00% |
54,104 |
$33,452,120 |
$30,721,626 |
$0 |
$17,677,533 |
$13,262,610 |
43.17% |
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% |
992 |
$0 |
$0 |
$2,496,222 |
$0 |
|
| Missouri Total |
100.00% |
314,076 |
$1,215,358,820 |
$5,670,377 |
$445,542,674 |
$0 |
36.66% |
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% |
36 |
$45,701 |
$0 |
$1,253,957 |
$2,964 |
2,743.83% |
| Missouri Total |
100.00% |
1,930,429 |
$461,332,940 |
$959,139 |
$410,753,431 |
$185,424,318 |
89.04% |
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 |
0.00% |
1 |
$1,249 |
$0 |
$0 |
$90 |
0.00% |
| Missouri Total |
100.00% |
52,293 |
$77,757,547 |
$32,009 |
$265,174,721 |
$8,758,314 |
341.03% |
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 |
4.10% |
7,746 |
$2,322,918 |
$2,247,732 |
$0 |
$391,339 |
$386,067 |
17.18% |
| Missouri Total |
100.00% |
460,939 |
$56,610,700 |
$56,692,594 |
$0 |
$23,953,435 |
$23,581,126 |
41.59% |
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% |
33 |
$0 |
$0 |
$0 |
$0 |
|
| Missouri Total |
100.00% |
42,701 |
$122,821,821 |
$0 |
$37,761,413 |
$0 |
30.74% |
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 |
11.35% |
20,444 |
$11,983,787 |
$12,143,704 |
$0 |
$7,855,143 |
$8,965,482 |
73.83% |
| 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 |
0.14% |
182 |
$50,796 |
$50,596 |
$0 |
$15,620 |
$7,177 |
14.18% |
| 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 |
0.24% |
301 |
$498,809 |
$515,243 |
$0 |
$198,863 |
$184,260 |
35.76% |
| 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% |
2 |
$0 |
$0 |
$1,171 |
$0 |
|
| 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 |
1.91% |
5,709 |
$1,472,647 |
$1,490,905 |
$0 |
$467,907 |
$309,656 |
20.77% |
| 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% |
395 |
$118,870 |
$0 |
$9,945 |
$17,974 |
8.37% |
| 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 |
0.11% |
11,763 |
$732,310 |
$0 |
$754,230 |
$254,327 |
102.99% |
| 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 |
1.04% |
9,256 |
$7,823,597 |
$0 |
$1,610,365 |
$681,003 |
20.58% |
| 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 |
0.20% |
34,699 |
$16,433,025 |
$16,547,664 |
$0 |
$9,502,178 |
$10,056,991 |
60.78% |
| 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 |
0.00% |
317 |
$104,068 |
$99,484 |
$0 |
$573,306 |
$204,349 |
205.41% |
| 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% |
1,030 |
$46,950 |
$0 |
$3,750,179 |
$3,054 |
7,987.60% |
| 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 |
0.68% |
34,382 |
$16,328,957 |
$16,448,180 |
$0 |
$8,928,872 |
$9,852,642 |
59.90% |
| 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 |
0.12% |
21,449 |
$8,674,777 |
$0 |
$2,375,711 |
$953,304 |
27.39% |
| 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 |
0.07% |
22,479 |
$8,721,727 |
$0 |
$6,125,890 |
$956,358 |
70.24% |
| Missouri Total |
100.00% |
6,746,766 |
$11,825,266,647 |
$342,004,244 |
$9,254,384,483 |
$532,603,407 |
78.26% |