Company search
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 |
---|---|---|---|---|---|---|---|
2020 | Total Accident & Health | 0.00% | $615,322 | $615,321 | $697,226 | $697,226 | N/A |
2020 | Total Individual Accident & Health | 0.00% | $615,293 | $615,292 | $697,226 | $697,226 | N/A |
2020 | Individual Long Term Care | 0.04% | $192,193 | $192,193 | $397,226 | $397,226 | N/A |
2020 | Individual Accident Only | 0.16% | $423,100 | $423,099 | $300,000 | $300,000 | 70.91 % |
2020 | Total Group Accident & Health | 0.00% | $29 | $29 | $0 | $0 | 0.00 % |
2020 | Group Accident Only | 0.00% | $29 | $29 | $0 | $0 | 0.00 % |
2020 | Total Life | 0.07% | $28,248,832 | $0 | $19,492,561 | $0 | N/A |
2020 | Total Individual Life | 0.13% | $28,247,579 | $0 | $19,492,561 | $0 | N/A |
2020 | Individual Whole Life | 0.03% | $445,867 | $0 | $2,212,167 | $0 | N/A |
2020 | Individual Term Life | 1.03% | $13,909,163 | $0 | $3,995,417 | $0 | N/A |
2020 | Individual Universal Life | 0.55% | $9,329,035 | $0 | $7,356,673 | $0 | N/A |
2020 | Individual Graded Death Benefits | 0.03% | $8,037 | $0 | $166,355 | $0 | N/A |
2020 | Individual Variable Life | 0.65% | $3,021,715 | $0 | $1,387,578 | $0 | N/A |
2020 | Individual Ordinary Annuities | 0.02% | $503,124 | $0 | $3,619,481 | $0 | N/A |
2020 | Individual Variable Annuities | 0.00% | $109,381 | $0 | $596,552 | $0 | N/A |
2020 | Individual Equity Indexed Annuities | 0.00% | $0 | $0 | $154,618 | $0 | N/A |
2020 | Individual Deposit-Type Funds | 0.64% | $921,257 | $0 | $3,720 | $0 | N/A |
2020 | Total Group Life | 0.00% | $1,253 | $0 | $0 | $0 | N/A |
2020 | Group Term Life | 0.00% | $1,253 | $0 | $0 | $0 | N/A |
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 | 0.15% | $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 | 0.09% | $27,464,517 | $0 | $24,268,208 | $0 | N/A |
2019 | Total Individual Life | 0.14% | $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 | 1.04% | $13,331,878 | $0 | $6,896,521 | $0 | N/A |
2019 | Individual Universal Life | 0.55% | $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 | 0.56% | $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 | 0.54% | $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 |
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 | Health | 0.01% | 0 | 0 |
2021 | Life and Annuities | 0.28% | 7 | 319 |
2021 | Long-Term Care Insurance | 0.08% | 0 | 0 |
2020 | Health | 0.01% | 0 | 0 |
2020 | Life and Annuities | 0.29% | 6 | 255 |
2020 | Long-Term Care Insurance | 0.08% | 0 | 0 |
2019 | Life and Annuities | 0.29% | 7 | 249 |
2019 | Long-Term Care Insurance | 0.08% | 0 | 0 |
2019 | Health | 0.01% | 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.