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Company Details
MassMutual Ascend Life Insurance Company License Status :
Active
NAIC Number :
63312
Phone Number:
5133612977
Company Address:
PO Box 5420
Cincinnati, OH 45201
Description:
Life and Health
License Number:
A424127
Date Admitted:
1982-05-18
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 Accident & Health | 0.00% | $166,178 | $179,747 | $97,067 | $87,314 | 48.58 % |
| 2023 | Total Individual Accident & Health | 0.00% | $166,178 | $179,747 | $97,067 | $87,314 | 48.58 % |
| 2023 | Individual Medicare Supplement | 0.01% | $63,085 | $62,439 | $31,872 | $29,817 | 47.75 % |
| 2023 | Individual Long Term Care | 0.05% | $103,052 | $117,267 | $65,195 | $57,504 | 49.04 % |
| 2023 | Individual Limited Benefit | 0.00% | $41 | $41 | $0 | $-7 | -17.07 % |
| 2023 | Total Life | 3.53% | $478,020,727 | $0 | $343,175,234 | $0 | N/A |
| 2023 | Total Individual Life | 4.76% | $478,018,927 | $0 | $341,889,228 | $0 | N/A |
| 2023 | Individual Whole Life | 0.01% | $48,823 | $0 | $10,000 | $0 | N/A |
| 2023 | Individual Term Life | 0.03% | $187,495 | $0 | $447,300 | $0 | N/A |
| 2023 | Individual Universal Life | 0.01% | $49,894 | $0 | $15,024 | $0 | N/A |
| 2023 | Individual Ordinary Annuities | 10.20% | $272,949,735 | $0 | $45,323,235 | $0 | N/A |
| 2023 | Individual Equity Indexed Annuities | 9.13% | $204,449,091 | $0 | $293,812,898 | $0 | N/A |
| 2023 | Individual Deposit-Type Funds | 0.03% | $333,889 | $0 | $2,280,771 | $0 | N/A |
| 2023 | Total Group Life | 0.00% | $1,800 | $0 | $1,286,006 | $0 | N/A |
| 2023 | Group Whole Life | 0.00% | $0 | $0 | $863 | $0 | N/A |
| 2023 | Group Ordinary Annuities | 0.00% | $1,800 | $0 | $1,285,143 | $0 | N/A |
| 2023 | Group Deposit-Type Funds | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2022 | Total Accident & Health | 0.00% | $176,184 | $168,636 | $122,293 | $266,962 | N/A |
| 2022 | Total Individual Accident & Health | 0.00% | $174,864 | $167,316 | $122,293 | $266,813 | N/A |
| 2022 | Individual Medicare Supplement | 0.01% | $64,023 | $64,158 | $41,909 | $41,399 | 64.53 % |
| 2022 | Individual Long Term Care | 0.06% | $110,800 | $103,117 | $80,384 | $225,413 | N/A |
| 2022 | Individual Limited Benefit | 0.00% | $41 | $41 | $0 | $1 | 2.44 % |
| 2022 | Total Group Accident & Health | 0.00% | $1,320 | $1,320 | $0 | $149 | 11.29 % |
| 2022 | Group Long Term Care | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2022 | Group Specified Disease | 0.00% | $1,320 | $1,320 | $0 | $149 | 11.29 % |
| 2022 | Total Life | 2.10% | $300,714,437 | $0 | $262,387,287 | $0 | N/A |
| 2022 | Total Individual Life | 3.05% | $300,720,407 | $0 | $260,958,725 | $0 | N/A |
| 2022 | Individual Whole Life | 0.00% | $42,231 | $0 | $10,621 | $0 | N/A |
| 2022 | Individual Term Life | 0.03% | $216,023 | $0 | $428,400 | $0 | N/A |
| 2022 | Individual Universal Life | 0.01% | $53,617 | $0 | $108,631 | $0 | N/A |
| 2022 | Individual Ordinary Annuities | 2.84% | $66,670,988 | $0 | $21,363,318 | $0 | N/A |
| 2022 | Individual Equity Indexed Annuities | 12.08% | $233,737,548 | $0 | $237,245,482 | $0 | N/A |
| 2022 | Individual Deposit-Type Funds | 0.00% | $0 | $0 | $1,802,273 | $0 | N/A |
| 2022 | Total Group Life | 0.00% | $-5,970 | $0 | $1,428,562 | $0 | N/A |
| 2022 | Group Whole Life | 0.00% | $0 | $0 | $6,318 | $0 | N/A |
| 2022 | Group Ordinary Annuities | 0.00% | $-5,970 | $0 | $1,422,244 | $0 | N/A |
| 2021 | Total Accident & Health | 0.00% | $170,782 | $168,986 | $132,298 | $75,607 | 44.74 % |
| 2021 | Total Individual Accident & Health | 0.00% | $169,462 | $167,666 | $132,298 | $75,687 | 45.14 % |
| 2021 | Individual Medicare Supplement | 0.01% | $76,644 | $77,302 | $50,608 | $49,685 | 64.27 % |
| 2021 | Individual Long Term Care | 0.04% | $92,777 | $90,323 | $81,690 | $26,001 | 28.79 % |
| 2021 | Individual Limited Benefit | 0.00% | $41 | $41 | $0 | $1 | 2.44 % |
| 2021 | Total Group Accident & Health | 0.00% | $1,320 | $1,320 | $0 | $-80 | -6.06 % |
| 2021 | Group Long Term Care | 0.00% | $1,320 | $1,320 | $0 | $-80 | -6.06 % |
| 2021 | Total Life | 2.22% | $272,580,834 | $0 | $177,747,393 | $0 | N/A |
| 2021 | Total Individual Life | 3.45% | $271,178,126 | $0 | $176,615,164 | $0 | N/A |
| 2021 | Individual Whole Life | 0.00% | $42,319 | $0 | $36,119 | $0 | N/A |
| 2021 | Individual Term Life | 0.04% | $263,924 | $0 | $1,618,860 | $0 | N/A |
| 2021 | Individual Universal Life | 0.01% | $60,036 | $0 | $189,487 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 7.89% | $122,794,516 | $0 | $12,877,187 | $0 | N/A |
| 2021 | Individual Equity Indexed Annuities | 10.85% | $147,947,948 | $0 | $160,354,587 | $0 | N/A |
| 2021 | Individual Deposit-Type Funds | 0.08% | $69,383 | $0 | $1,538,924 | $0 | N/A |
| 2021 | Total Group Life | 0.03% | $1,402,708 | $0 | $1,132,229 | $0 | N/A |
| 2021 | Group Whole Life | 0.00% | $0 | $0 | $14,863 | $0 | N/A |
| 2021 | Group Ordinary Annuities | 0.10% | $1,402,708 | $0 | $1,117,366 | $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 |
|---|---|---|---|---|
| 2023 | Health | 0.00% | 1 | 2865 |
| 2023 | Life and Annuities | 2.65% | 0 | 0 |
| 2023 | Long-Term Care Insurance | 0.04% | 1 | 1446 |
| 2023 | Medicare Supplement Insurance | 0.01% | 0 | 0 |
| 2022 | Health | 0.00% | 1 | 2119 |
| 2022 | Life and Annuities | 2.56% | 0 | 0 |
| 2022 | Long-Term Care Insurance | 0.04% | 1 | 1596 |
| 2022 | Medicare Supplement Insurance | 0.01% | 0 | 0 |
| 2021 | Health | 0.00% | 1 | 1766 |
| 2021 | Life and Annuities | 2.51% | 0 | 0 |
| 2021 | Long-Term Care Insurance | 0.04% | 1 | 1539 |
| 2021 | Medicare Supplement Insurance | 0.01% | 0 | 0 |
Company Changes
Effective Date: 09/06/2016
Comments: Effective 09/06/16 this company added A3 authority.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.