Company Details

  FIDELITY & GUARANTY LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

63274


Phone Number:

5152598273


Company Address:

801 Grand Avenue Suite 2600
Des Moines, IA  50309

Description:

Life and Health


License Number:

A424122


Date Admitted:

1961-07-31


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
2023 Total Life 2.10% $284,467,152 $0 $103,689,966 $0 N/A
2023 Total Individual Life 1.23% $122,991,809 $0 $96,575,080 $0 N/A
2023 Individual Whole Life 0.00% $18,418 $0 $156,627 $0 N/A
2023 Individual Term Life 0.26% $1,563,647 $0 $3,140,667 $0 N/A
2023 Individual Universal Life 0.06% $363,880 $0 $554,355 $0 N/A
2023 Individual Graded Death Benefits 0.00% $0 $0 $0 $0 N/A
2023 Individual Ordinary Annuities 1.59% $42,444,182 $0 $34,373,956 $0 N/A
2023 Individual Equity Indexed Annuities 3.30% $73,997,590 $0 $54,412,905 $0 N/A
2023 Individual Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2023 Individual Other Consideration 5.12% $4,604,092 $0 $3,936,570 $0 N/A
2023 Total Group Life 4.59% $161,475,343 $0 $7,114,886 $0 N/A
2023 Group Ordinary Annuities 13.01% $161,307,302 $0 $7,114,886 $0 N/A
2023 Group Deposit-Type Funds 0.14% $168,041 $0 $0 $0 N/A
2022 Total Life 0.92% $131,767,424 $0 $78,310,234 $0 N/A
2022 Total Individual Life 1.20% $118,582,157 $0 $78,259,981 $0 N/A
2022 Individual Whole Life 0.00% $21,022 $0 $47,910 $0 N/A
2022 Individual Term Life 0.28% $1,766,471 $0 $3,202,079 $0 N/A
2022 Individual Universal Life 0.45% $3,537,157 $0 $2,628,223 $0 N/A
2022 Individual Graded Death Benefits 0.00% $0 $0 $0 $0 N/A
2022 Individual Ordinary Annuities 0.00% $0 $0 $3,402,524 $0 N/A
2022 Individual Equity Indexed Annuities 5.86% $113,257,507 $0 $68,979,245 $0 N/A
2022 Individual Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2022 Total Group Life 0.29% $13,185,267 $0 $50,253 $0 N/A
2022 Group Ordinary Annuities 0.82% $13,172,246 $0 $50,253 $0 N/A
2022 Group Deposit-Type Funds 0.00% $13,021 $0 $0 $0 N/A
2021 Total Life 1.09% $134,223,417 $0 $61,265,183 $0 N/A
2021 Total Individual Life 1.34% $105,461,782 $0 $61,189,956 $0 N/A
2021 Individual Whole Life 0.00% $22,669 $0 $25,811 $0 N/A
2021 Individual Term Life 0.32% $1,971,554 $0 $4,294,840 $0 N/A
2021 Individual Universal Life 0.29% $2,324,426 $0 $1,999,236 $0 N/A
2021 Individual Graded Death Benefits 0.00% $0 $0 $0 $0 N/A
2021 Individual Ordinary Annuities 0.00% $0 $0 $1,004,053 $0 N/A
2021 Individual Equity Indexed Annuities 7.42% $101,143,133 $0 $53,866,016 $0 N/A
2021 Individual Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2021 Total Group Life 0.65% $28,761,635 $0 $75,227 $0 N/A
2021 Group Ordinary Annuities 2.14% $28,754,294 $0 $54,853 $0 N/A
2021 Group Equity Indexed Annuities 0.00% $0 $0 $20,374 $0 N/A
2021 Group Deposit-Type Funds 0.00% $7,341 $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
2023 Life and Annuities 1.23% 7 77
2022 Life and Annuities 1.15% 5 60
2021 Life and Annuities 1.03% 3 37


Company Changes

Effective Date: 09/30/2007

Comments: Americom Life & Annuity Insurance Company merged with and into OM Financial Life Insurance Company.

Effective Date: 01/01/2007

Comments: Fidelity and Guaranty Life Insurance Company changed its name to OM Financial Life Insurance Company.

Effective Date: 06/16/2011

Comments: Effective 6/16/2011 OM Financial Life Insurance Company changed its name to the above

Effective Date: 04/25/2014

Comments: Effective 04/25/14 Fidelity & Guaranty Life Insurance Company redomesticated to Iowa.


Market Conduct

Date: 05/24/2007

oldmutual_stipulation.pdf

Date: 05/24/2007

oldmutual_order.pdf


Financial Exams

This company does not have any financial exams.