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Company Details
SECURIAN LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
93742
Phone Number:
651-665-3500
Company Address:
400 ROBERT STREET NORTH ATTN: LAW DEPARTMENT
ST. PAUL, MN 55101-2098
Description:
Life and Health
License Number:
A417985
Date Admitted:
1985-07-05
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2020 | Total Accident & Health | 0.01% | $4,531,926 | $4,550,254 | $2,187,115 | $2,644,123 | 58.11 % |
| 2020 | Total Group Accident & Health | 0.01% | $4,531,926 | $4,550,254 | $2,187,115 | $2,644,123 | 58.11 % |
| 2020 | Group Specified Disease | 1.28% | $1,200,827 | $1,197,664 | $243,398 | $270,806 | 22.61 % |
| 2020 | Group Accident Only | 0.89% | $3,042,782 | $3,041,533 | $1,826,534 | $2,276,322 | 74.84 % |
| 2020 | Group Limited Benefit | 0.03% | $240,074 | $241,704 | $75,709 | $85,220 | 35.26 % |
| 2020 | Group Short Term Credit Disability | 0.28% | $48,243 | $69,353 | $41,474 | $11,775 | 16.98 % |
| 2020 | Total Life | 0.08% | $33,029,545 | $0 | $28,570,761 | $0 | N/A |
| 2020 | Total Individual Life | 0.00% | $291,144 | $0 | $47,600 | $0 | N/A |
| 2020 | Individual Whole Life | 0.00% | $44,086 | $0 | $47,600 | $0 | N/A |
| 2020 | Individual Term Life | 0.00% | $5,616 | $0 | $0 | $0 | N/A |
| 2020 | Individual Universal Life | 0.00% | $11,082 | $0 | $0 | $0 | N/A |
| 2020 | Individual Deposit-Type Funds | 0.16% | $230,360 | $0 | $0 | $0 | N/A |
| 2020 | Total Group Life | 0.16% | $32,738,401 | $0 | $28,523,161 | $0 | N/A |
| 2020 | Group Term Life | 2.12% | $29,378,918 | $0 | $28,001,081 | $0 | N/A |
| 2020 | Group Universal Life | 1.16% | $1,044,096 | $0 | $325,637 | $0 | N/A |
| 2020 | Group Credit Life | 0.39% | $79,287 | $0 | $106,343 | $0 | N/A |
| 2020 | Group Variable Life | 0.02% | $12,097 | $0 | $0 | $0 | N/A |
| 2020 | Group Ordinary Annuities | 0.00% | $61,262 | $0 | $90,100 | $0 | N/A |
| 2020 | Group Deposit-Type Funds | 0.26% | $2,162,741 | $0 | $0 | $0 | N/A |
| 2019 | Total Accident & Health | 0.01% | $3,652,222 | $3,754,944 | $1,084,796 | $1,276,771 | 34.00 % |
| 2019 | Total Group Accident & Health | 0.01% | $3,652,222 | $3,754,944 | $1,084,796 | $1,276,771 | 34.00 % |
| 2019 | Group Specified Disease | 1.08% | $1,130,415 | $1,134,299 | $200,740 | $227,321 | 20.04 % |
| 2019 | Group Accident Only | 0.60% | $2,220,978 | $2,236,828 | $733,983 | $974,053 | 43.55 % |
| 2019 | Group Limited Benefit | 0.04% | $268,762 | $268,764 | $53,259 | $98,138 | 36.51 % |
| 2019 | Group Short Term Credit Disability | 0.14% | $32,067 | $115,053 | $96,814 | $-22,741 | -19.77 % |
| 2019 | Total Life | 0.09% | $29,085,089 | $0 | $23,047,385 | $0 | N/A |
| 2019 | Total Individual Life | 0.00% | $216,333 | $0 | $32,000 | $0 | N/A |
| 2019 | Individual Whole Life | 0.00% | $11,970 | $0 | $32,000 | $0 | N/A |
| 2019 | Individual Term Life | 0.00% | $7,494 | $0 | $0 | $0 | N/A |
| 2019 | Individual Universal Life | 0.00% | $11,082 | $0 | $0 | $0 | N/A |
| 2019 | Individual Deposit-Type Funds | 0.10% | $185,787 | $0 | $0 | $0 | N/A |
| 2019 | Total Group Life | 0.24% | $28,868,756 | $0 | $23,015,385 | $0 | N/A |
| 2019 | Group Term Life | 1.95% | $26,067,746 | $0 | $21,202,893 | $0 | N/A |
| 2019 | Group Universal Life | 0.44% | $926,852 | $0 | $1,524,599 | $0 | N/A |
| 2019 | Group Credit Life | 0.27% | $77,216 | $0 | $209,451 | $0 | N/A |
| 2019 | Group Variable Life | 0.01% | $10,098 | $0 | $0 | $0 | N/A |
| 2019 | Group Ordinary Annuities | 0.01% | $261,207 | $0 | $78,442 | $0 | N/A |
| 2019 | Group Deposit-Type Funds | 0.19% | $1,525,637 | $0 | $0 | $0 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2021 | Life and Annuities | 0.34% | 3 | 115 |
| 2021 | Health | 0.05% | 1 | 79 |
| 2020 | Health | 0.04% | 0 | 0 |
| 2020 | Life and Annuities | 0.30% | 3 | 123 |
| 2019 | Health | 0.02% | 0 | 0 |
| 2019 | Life and Annuities | 0.28% | 0 | 0 |
Company Changes
Effective Date: 07/01/2003
Comments: Ministers Life Insurance Co. changed its name to Securian Life Insurance Co.
Effective Date: 12/31/2014
Comments: Effective 12/31/14 Cherokee National Life Insurance Company (NAIC Co #61824) merged with and into Securian Life Insurance Company.
Effective Date: 12/31/2014
Comments: Effective 12/31/15 Balboa Life Insurance Company merged with and into Securian Life Insurance Company.
Effective Date: 12/31/2018
Comments: Effective 12/31/2018 American Modern Life Insurance Company merged with and into Securian Life Insurance Company.
Effective Date: 12/31/2018
Comments: Effective 12/31/2018 Southern Pioneer Life Insurance Company merged with and into Securian Life Insurance Company.
Market Conduct
Date: 10/30/2019
Financial Exams
This company does not have any financial exams.