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Company Details
NEW YORK LIFE GROUP INSURANCE COMPANY OF NY License Status :
Active
NAIC Number :
64548
Phone Number:
2019428240
Company Address:
51 MADISON AVENUE
NEW YORK, NY 10010
Description:
Life and Health
License Number:
A419814
Date Admitted:
1976-02-18
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 | 0.01% | $1,488,647 | $1,488,647 | $1,137,948 | $1,144,873 | 76.91 % |
| 2023 | Total Group Accident & Health | 0.02% | $1,488,647 | $1,488,647 | $1,137,948 | $1,144,873 | 76.91 % |
| 2023 | Group Specified Disease | 0.03% | $16,939 | $16,939 | $100 | $100 | 0.59 % |
| 2023 | Group Accident Only | 0.05% | $69,226 | $69,226 | $0 | $0 | 0.00 % |
| 2023 | Group Disability Income | 0.35% | $1,392,422 | $1,392,422 | $1,133,848 | $1,140,773 | 81.93 % |
| 2023 | Group Limited Benefit | 0.00% | $10,060 | $10,060 | $4,000 | $4,000 | 39.76 % |
| 2023 | Total Life | 0.00% | $0 | $0 | $608,572 | $0 | N/A |
| 2023 | Total Individual Life | 0.00% | $0 | $0 | $9,600 | $0 | N/A |
| 2023 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $9,600 | $0 | N/A |
| 2023 | Total Group Life | 0.00% | $0 | $0 | $598,972 | $0 | N/A |
| 2023 | Group Term Life | 0.00% | $0 | $0 | $598,972 | $0 | N/A |
| 2022 | Total Accident & Health | 0.01% | $1,383,726 | $1,383,726 | $1,159,896 | $600,733 | 43.41 % |
| 2022 | Total Group Accident & Health | 0.02% | $1,383,726 | $1,383,726 | $1,159,896 | $600,733 | 43.41 % |
| 2022 | Group Specified Disease | 0.03% | $15,317 | $15,317 | $0 | $0 | 0.00 % |
| 2022 | Group Accident Only | 0.05% | $68,861 | $68,861 | $32,000 | $32,000 | 46.47 % |
| 2022 | Group Disability Income | 0.34% | $1,290,918 | $1,290,918 | $1,127,896 | $568,733 | 44.06 % |
| 2022 | Group Limited Benefit | 0.00% | $8,630 | $8,630 | $0 | $0 | 0.00 % |
| 2022 | Total Life | 0.00% | $0 | $0 | $962,362 | $0 | N/A |
| 2022 | Total Individual Life | 0.00% | $0 | $0 | $9,600 | $0 | N/A |
| 2022 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $9,600 | $0 | N/A |
| 2022 | Total Group Life | 0.00% | $0 | $0 | $952,762 | $0 | N/A |
| 2022 | Group Term Life | 0.00% | $0 | $0 | $952,762 | $0 | N/A |
| 2021 | Total Accident & Health | 0.02% | $2,044,756 | $2,044,756 | $1,243,486 | $1,542,137 | 75.42 % |
| 2021 | Total Group Accident & Health | 0.03% | $2,044,756 | $2,044,756 | $1,243,486 | $1,542,137 | 75.42 % |
| 2021 | Group Accident Only | 0.05% | $57,532 | $57,532 | $0 | $0 | 0.00 % |
| 2021 | Group Disability Income | 0.56% | $1,987,192 | $1,987,192 | $1,243,486 | $1,542,137 | 77.60 % |
| 2021 | Group Limited Benefit | 0.00% | $32 | $32 | $0 | $0 | 0.00 % |
| 2021 | Total Life | 0.00% | $0 | $0 | $359,600 | $0 | N/A |
| 2021 | Total Individual Life | 0.00% | $0 | $0 | $9,600 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $9,600 | $0 | N/A |
| 2021 | Total Group Life | 0.00% | $0 | $0 | $350,000 | $0 | N/A |
| 2021 | Group Term Life | 0.00% | $0 | $0 | $350,000 | $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 | 0.02% | 0 | 0 |
| 2022 | Health | 0.01% | 0 | 0 |
| 2021 | Health | 0.01% | 0 | 0 |
Company Changes
Effective Date: 03/01/2000
Comments: INA Life Insurance Co. changed its name to Cigna Life Insurance Co. of New York.
Effective Date: 05/19/2021
Comments: Effective 05/19/2021 Cigna Life Insurance Company of New York changed its name to the above.
Market Conduct
Date: 04/19/2024
Financial Exams
This company does not have any financial exams.