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Company Details
MassMutual Ascend Life Insurance Company License Status :
Active
NAIC Number :
63312
Phone Number:
5133573300
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 |
|---|---|---|---|---|---|---|---|
| 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 | 0.00% | $76,644 | $77,302 | $50,608 | $49,685 | 64.27 % |
| 2021 | Individual Long Term Care | 0.02% | $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 | 0.78% | $272,580,834 | $0 | $177,747,393 | $0 | N/A |
| 2021 | Total Individual Life | 1.23% | $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 | 0.02% | $263,924 | $0 | $1,618,860 | $0 | N/A |
| 2021 | Individual Universal Life | 0.00% | $60,036 | $0 | $189,487 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 4.20% | $122,794,516 | $0 | $12,877,187 | $0 | N/A |
| 2021 | Individual Equity Indexed Annuities | 3.04% | $147,947,948 | $0 | $160,354,587 | $0 | N/A |
| 2021 | Individual Deposit-Type Funds | 0.05% | $69,383 | $0 | $1,538,924 | $0 | N/A |
| 2021 | Total Group Life | 0.01% | $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 | 0.05% | $1,402,708 | $0 | $1,117,366 | $0 | N/A |
| 2020 | Total Accident & Health | 0.00% | $193,591 | $194,671 | $103,446 | $201,165 | N/A |
| 2020 | Total Individual Accident & Health | 0.00% | $192,271 | $193,351 | $103,446 | $201,157 | N/A |
| 2020 | Individual Medicare Supplement | 0.00% | $100,594 | $99,720 | $49,971 | $49,332 | 49.47 % |
| 2020 | Individual Long Term Care | 0.02% | $91,636 | $93,590 | $53,475 | $152,080 | N/A |
| 2020 | Individual Limited Benefit | 0.00% | $41 | $41 | $0 | $-255 | -621.95 % |
| 2020 | Total Group Accident & Health | 0.00% | $1,320 | $1,320 | $0 | $8 | 0.61 % |
| 2020 | Group Long Term Care | 0.00% | $1,320 | $1,320 | $0 | $8 | 0.61 % |
| 2020 | Total Life | 0.50% | $215,214,995 | $0 | $107,058,434 | $0 | N/A |
| 2020 | Total Individual Life | 0.87% | $188,976,937 | $0 | $106,147,830 | $0 | N/A |
| 2020 | Individual Whole Life | 0.00% | $44,863 | $0 | $64,279 | $0 | N/A |
| 2020 | Individual Term Life | 0.02% | $291,971 | $0 | $150,000 | $0 | N/A |
| 2020 | Individual Universal Life | 0.00% | $65,407 | $0 | $98,744 | $0 | N/A |
| 2020 | Individual Ordinary Annuities | 3.41% | $79,456,113 | $0 | $8,948,315 | $0 | N/A |
| 2020 | Individual Equity Indexed Annuities | 2.51% | $108,920,947 | $0 | $95,335,241 | $0 | N/A |
| 2020 | Individual Deposit-Type Funds | 0.14% | $197,636 | $0 | $1,551,251 | $0 | N/A |
| 2020 | Total Group Life | 0.12% | $26,238,058 | $0 | $910,604 | $0 | N/A |
| 2020 | Group Whole Life | 0.00% | $0 | $0 | $18,921 | $0 | N/A |
| 2020 | Group Ordinary Annuities | 1.01% | $26,238,058 | $0 | $891,683 | $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 | Long-Term Care Insurance | 0.04% | 1 | 1539 |
| 2021 | Medicare Supplement Insurance | 0.01% | 0 | 0 |
| 2021 | Health | 0.00% | 1 | 1766 |
| 2021 | Life and Annuities | 2.50% | 0 | 0 |
| 2020 | Health | 0.00% | 1 | 1382 |
| 2020 | Life and Annuities | 2.45% | 0 | 0 |
| 2020 | Long-Term Care Insurance | 0.04% | 0 | 0 |
| 2020 | Medicare Supplement Insurance | 0.01% | 1 | 6489 |
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.