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Company Details
BANKERS LIFE AND CASUALTY COMPANY License Status :
Active
NAIC Number :
61263
Phone Number:
312-396-6000
Company Address:
111 EAST WACKER DRIVE SUITE 2100
CHICAGO, IL 60601
Description:
Life and Health
License Number:
A420662
Date Admitted:
1946-05-16
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Earned | Direct Premium Written | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2018 | Total Accident & Health | 0.04% | $23,305,329 | $25,250,937 | $25,328,945 | $25,231,127 | 99.92 % |
| 2018 | Total Individual Accident & Health | 0.11% | $21,166,812 | $23,036,525 | $23,183,122 | $23,255,649 | N/A |
| 2018 | Individual Medicare Supplement | 0.12% | $3,278,756 | $3,440,232 | $2,735,595 | $2,565,317 | 74.57 % |
| 2018 | Individual Long Term Care | 2.65% | $17,069,090 | $18,773,545 | $19,901,487 | $20,145,591 | N/A |
| 2018 | Individual Specified Disease | 0.11% | $617,996 | $618,279 | $355,739 | $400,230 | 64.73 % |
| 2018 | Individual Accident Only | 0.00% | $4,350 | $4,442 | $0 | $-27 | -0.61 % |
| 2018 | Individual Disability Income | 0.02% | $61,285 | $66,211 | $151,966 | $74,939 | N/A |
| 2018 | Individual Limited Benefit | 0.08% | $135,335 | $133,816 | $38,335 | $69,599 | 52.01 % |
| 2018 | Total Group Accident & Health | 0.00% | $2,138,517 | $2,214,412 | $2,145,823 | $1,975,478 | 89.21 % |
| 2018 | Group Medicare Supplement | 0.15% | $2,138,476 | $2,214,337 | $2,145,823 | $1,975,493 | 89.21 % |
| 2018 | Group Accident Only | 0.00% | $41 | $75 | $0 | $-15 | -20.00 % |
| 2018 | Total Life | 0.09% | $37,693,103 | $0 | $27,797,961 | $0 | N/A |
| 2018 | Total Individual Life | 0.19% | $37,693,103 | $0 | $27,746,765 | $0 | N/A |
| 2018 | Individual Whole Life | 0.37% | $7,199,268 | $0 | $4,850,395 | $0 | N/A |
| 2018 | Individual Term Life | 0.03% | $425,207 | $0 | $200,000 | $0 | N/A |
| 2018 | Individual Universal Life | 0.21% | $4,304,008 | $0 | $3,500,964 | $0 | N/A |
| 2018 | Individual Ordinary Annuities | 0.04% | $980,058 | $0 | $11,131,899 | $0 | N/A |
| 2018 | Individual Equity Indexed Annuities | 0.43% | $24,744,562 | $0 | $8,063,507 | $0 | N/A |
| 2018 | Individual Deposit-Type Funds | 0.02% | $40,000 | $0 | $0 | $0 | N/A |
| 2018 | Total Group Life | 0.00% | $0 | $0 | $51,196 | $0 | N/A |
| 2018 | Group Term Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2018 | Group Ordinary Annuities | 0.00% | $0 | $0 | $51,196 | $0 | N/A |
| 2017 | Total Accident & Health | 0.05% | $24,980,012 | $27,232,404 | $24,634,693 | $31,561,861 | N/A |
| 2017 | Total Individual Accident & Health | 0.11% | $22,602,150 | $24,758,953 | $22,378,323 | $29,403,960 | N/A |
| 2017 | Individual Medicare Supplement | 0.19% | $3,923,093 | $4,058,348 | $3,057,056 | $2,960,441 | 72.95 % |
| 2017 | Individual Long Term Care | 4.09% | $17,897,163 | $19,906,551 | $18,794,995 | $25,504,021 | N/A |
| 2017 | Individual Specified Disease | 0.16% | $584,364 | $583,423 | $317,373 | $356,561 | 61.12 % |
| 2017 | Individual Accident Only | 0.00% | $4,834 | $4,969 | $0 | $-114 | -2.29 % |
| 2017 | Individual Disability Income | 0.03% | $64,386 | $74,128 | $153,084 | $497,627 | N/A |
| 2017 | Individual Limited Benefit | 0.12% | $128,310 | $131,534 | $55,815 | $85,424 | 64.94 % |
| 2017 | Total Group Accident & Health | 0.01% | $2,377,862 | $2,473,451 | $2,256,370 | $2,157,901 | 87.24 % |
| 2017 | Group Medicare Supplement | 0.20% | $2,377,707 | $2,473,298 | $2,256,370 | $2,157,901 | 87.25 % |
| 2017 | Group Accident Only | 0.00% | $155 | $153 | $0 | $0 | 0.00 % |
| 2017 | Total Life | 0.14% | $28,372,545 | $0 | $28,176,582 | $0 | N/A |
| 2017 | Total Individual Life | 0.23% | $28,372,545 | $0 | $28,152,844 | $0 | N/A |
| 2017 | Individual Whole Life | 0.71% | $7,945,767 | $0 | $5,181,891 | $0 | N/A |
| 2017 | Individual Term Life | 0.04% | $428,168 | $0 | $134,569 | $0 | N/A |
| 2017 | Individual Universal Life | 0.28% | $3,717,002 | $0 | $3,108,708 | $0 | N/A |
| 2017 | Individual Ordinary Annuities | 0.09% | $1,148,762 | $0 | $12,786,017 | $0 | N/A |
| 2017 | Individual Equity Indexed Annuities | 0.42% | $15,004,010 | $0 | $6,941,659 | $0 | N/A |
| 2017 | Individual Deposit-Type Funds | 0.09% | $128,836 | $0 | $0 | $0 | N/A |
| 2017 | Total Group Life | 0.00% | $0 | $0 | $23,738 | $0 | N/A |
| 2017 | Group Term Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2017 | Group Ordinary Annuities | 0.00% | $0 | $0 | $23,738 | $0 | N/A |
| 2016 | Total Accident & Health | 0.05% | $27,115,983 | $28,882,523 | $23,960,876 | $27,793,229 | 96.23 % |
| 2016 | Total Individual Accident & Health | 0.12% | $24,530,243 | $26,194,246 | $21,480,583 | $25,310,952 | 96.63 % |
| 2016 | Individual Medicare Supplement | 0.23% | $4,660,972 | $4,813,139 | $3,114,346 | $2,964,511 | 61.59 % |
| 2016 | Individual Long Term Care | 4.27% | $19,122,957 | $20,634,728 | $18,153,435 | $22,356,163 | N/A |
| 2016 | Individual Specified Disease | 0.18% | $546,884 | $543,553 | $93,119 | $112,798 | 20.75 % |
| 2016 | Individual Accident Only | 0.00% | $5,554 | $5,755 | $0 | $-218 | -3.79 % |
| 2016 | Individual Disability Income | 0.04% | $75,213 | $78,513 | $92,799 | $-15,576 | -19.84 % |
| 2016 | Individual Limited Benefit | 0.12% | $118,663 | $118,558 | $26,884 | $-106,726 | -90.02 % |
| 2016 | Total Group Accident & Health | 0.01% | $2,585,740 | $2,688,277 | $2,480,293 | $2,482,277 | 92.34 % |
| 2016 | Group Medicare Supplement | 0.22% | $2,585,590 | $2,688,127 | $2,480,293 | $2,482,278 | 92.34 % |
| 2016 | Group Accident Only | 0.00% | $150 | $150 | $0 | $-1 | -0.67 % |
| 2016 | Total Life | 0.11% | $23,160,056 | $0 | $25,167,323 | $0 | N/A |
| 2016 | Total Individual Life | 0.16% | $23,160,056 | $0 | $25,072,515 | $0 | N/A |
| 2016 | Individual Whole Life | 0.60% | $6,711,051 | $0 | $4,194,540 | $0 | N/A |
| 2016 | Individual Term Life | 0.05% | $448,510 | $0 | $230,974 | $0 | N/A |
| 2016 | Individual Universal Life | 0.25% | $3,407,153 | $0 | $2,734,565 | $0 | N/A |
| 2016 | Individual Ordinary Annuities | 0.12% | $1,742,490 | $0 | $12,017,184 | $0 | N/A |
| 2016 | Individual Equity Indexed Annuities | 0.29% | $10,607,680 | $0 | $5,895,252 | $0 | N/A |
| 2016 | Individual Deposit-Type Funds | 0.15% | $243,172 | $0 | $0 | $0 | N/A |
| 2016 | Total Group Life | 0.00% | $0 | $0 | $94,808 | $0 | N/A |
| 2016 | Group Term Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2016 | Group Ordinary Annuities | 0.00% | $0 | $0 | $94,808 | $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 |
|---|---|---|---|---|
| 2018 | Long-Term Care Insurance | 7.13% | 23 | 155 |
| 2018 | Medicare Supplement Insurance | 0.79% | 4 | 352 |
| 2018 | Health | 0.28% | 33 | 291 |
| 2018 | Life and Annuities | 0.33% | 14 | 390 |
| 2017 | Health | 0.31% | 37 | 270 |
| 2017 | Life and Annuities | 0.27% | 15 | 490 |
| 2017 | Long-Term Care Insurance | 7.15% | 25 | 172 |
| 2017 | Medicare Supplement Insurance | 0.94% | 7 | 486 |
| 2016 | Long-Term Care Insurance | 7.27% | 21 | 139 |
| 2016 | Medicare Supplement Insurance | 1.12% | 5 | 282 |
| 2016 | Health | 0.35% | 32 | 193 |
| 2016 | Life and Annuities | 0.24% | 20 | 719 |
Company Changes
Effective Date: 03/01/2000
Comments: Certified Life Insurance Co. merged with and into Bankers Life and Casualty Co.
Effective Date: 03/27/2008
Comments:
Market Conduct
Date: 03/27/2008
Financial Exams
This company does not have any financial exams.