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Company Details

  FARMERS NEW WORLD LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

63177


Phone Number:

206-275-6221


Company Address:

3120 139TH AVENUE SOUTHEAST, SUITE 300 
BELLEVUE, WA  98005-4491

Description:

Life and Health


License Number:

A420674


Date Admitted:

1954-09-08


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
2019 Total Accident & Health 0.00% $601,439 $601,478 $444,549 $444,549 73.91 %
2019 Total Individual Accident & Health 0.00% $601,410 $601,449 $444,549 $444,549 73.91 %
2019 Individual Long Term Care 0.04% $190,390 $190,390 $344,425 $344,425 N/A
2019 Individual Accident Only 0.16% $410,874 $410,913 $100,124 $100,124 24.37 %
2019 Individual Disability Income 0.00% $146 $146 $0 $0 0.00 %
2019 Total Group Accident & Health 0.00% $29 $29 $0 $0 0.00 %
2019 Group Accident Only 0.00% $29 $29 $0 $0 0.00 %
2019 Total Life 0.10% $27,464,517 $0 $24,268,208 $0 N/A
2019 Total Individual Life 0.17% $27,463,332 $0 $24,268,208 $0 N/A
2019 Individual Whole Life 0.03% $432,942 $0 $1,757,270 $0 N/A
2019 Individual Term Life 1.18% $13,331,878 $0 $6,896,521 $0 N/A
2019 Individual Universal Life 0.60% $8,823,018 $0 $7,997,838 $0 N/A
2019 Individual Graded Death Benefits 0.03% $9,037 $0 $165,028 $0 N/A
2019 Individual Variable Life 0.65% $3,129,643 $0 $1,261,234 $0 N/A
2019 Individual Variable Annuities 0.01% $709,013 $0 $4,690,855 $0 N/A
2019 Individual Modified Guaranteed Annuities 0.30% $57,795 $0 $1,417,399 $0 N/A
2019 Individual Deposit-Type Funds 0.57% $970,006 $0 $73,755 $0 N/A
2019 Individual Other Consideration 0.00% $0 $0 $8,308 $0 N/A
2019 Total Group Life 0.00% $1,185 $0 $0 $0 N/A
2019 Group Term Life 0.00% $1,185 $0 $0 $0 N/A
2018 Total Accident & Health 0.00% $604,359 $604,391 $313,054 $313,054 51.80 %
2018 Total Individual Accident & Health 0.00% $604,330 $604,362 $313,054 $313,054 51.80 %
2018 Individual Long Term Care 0.04% $205,589 $205,589 $312,930 $312,930 N/A
2018 Individual Accident Only 0.16% $398,729 $398,761 $124 $124 0.03 %
2018 Individual Disability Income 0.00% $12 $12 $0 $0 0.00 %
2018 Total Group Accident & Health 0.00% $29 $29 $0 $0 0.00 %
2018 Group Accident Only 0.00% $29 $29 $0 $0 0.00 %
2018 Total Life 0.08% $27,036,392 $0 $22,522,425 $0 N/A
2018 Total Individual Life 0.18% $27,035,301 $0 $22,522,425 $0 N/A
2018 Individual Whole Life 0.03% $436,140 $0 $2,223,636 $0 N/A
2018 Individual Term Life 1.16% $13,040,866 $0 $3,733,866 $0 N/A
2018 Individual Universal Life 0.56% $8,689,234 $0 $8,837,947 $0 N/A
2018 Individual Graded Death Benefits 0.04% $10,455 $0 $88,082 $0 N/A
2018 Individual Variable Life 0.91% $3,202,334 $0 $1,157,786 $0 N/A
2018 Individual Ordinary Annuities 0.04% $736,157 $0 $4,464,088 $0 N/A
2018 Individual Variable Annuities 0.00% $51,861 $0 $1,930,226 $0 N/A
2018 Individual Equity Indexed Annuities 0.00% $0 $0 $69,175 $0 N/A
2018 Individual Deposit-Type Funds 0.58% $868,254 $0 $17,619 $0 N/A
2018 Total Group Life 0.00% $1,091 $0 $0 $0 N/A
2018 Group Term Life 0.00% $1,091 $0 $0 $0 N/A

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2019 Health 0.01% 0 0
2019 Life and Annuities 0.29% 7 249
2019 Long-Term Care Insurance 0.08% 0 0
2018 Health 0.01% 0 0
2018 Life and Annuities 0.29% 9 287
2018 Long-Term Care Insurance 0.09% 0 0


Company Changes


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.