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Company Details

  BANNER LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

94250


Phone Number:

301-279-4800


Company Address:

3275 BENNETT CREEK AVENUE 
FREDERICK, MD  21704

Description:

Life and Health


License Number:

A422410


Date Admitted:

1982-03-25


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
2019 Total Accident & Health 0.00% $118,487 $118,487 $0 $0 0.00 %
2019 Total Individual Accident & Health 0.00% $118,487 $118,487 $0 $0 0.00 %
2019 Individual Accident Only 0.05% $118,487 $118,487 $0 $0 0.00 %
2019 Total Life 0.16% $43,011,346 $0 $14,142,374 $0 N/A
2019 Total Individual Life 0.15% $23,230,222 $0 $11,463,565 $0 N/A
2019 Individual Whole Life 0.00% $47,309 $0 $196,259 $0 N/A
2019 Individual Term Life 1.98% $21,873,428 $0 $10,350,582 $0 N/A
2019 Individual Universal Life 0.09% $1,304,771 $0 $873,118 $0 N/A
2019 Individual Variable Life 0.00% $4,714 $0 $43,606 $0 N/A
2019 Individual Variable Annuities 0.00% $0 $0 $0 $0 N/A
2019 Individual Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2019 Total Group Life 0.19% $19,781,124 $0 $2,678,809 $0 N/A
2019 Group Ordinary Annuities 0.72% $19,781,124 $0 $2,678,809 $0 N/A
2018 Total Accident & Health 0.00% $71,403 $71,403 $0 $0 0.00 %
2018 Total Individual Accident & Health 0.00% $71,403 $71,403 $0 $0 0.00 %
2018 Individual Accident Only 0.03% $71,403 $71,403 $0 $0 0.00 %
2018 Total Life 0.09% $29,374,912 $0 $11,136,227 $0 N/A
2018 Total Individual Life 0.15% $21,948,311 $0 $9,215,422 $0 N/A
2018 Individual Whole Life 0.01% $67,555 $0 $268,824 $0 N/A
2018 Individual Term Life 1.87% $20,618,618 $0 $8,200,582 $0 N/A
2018 Individual Universal Life 0.09% $1,258,474 $0 $717,527 $0 N/A
2018 Individual Variable Life 0.00% $3,664 $0 $28,489 $0 N/A
2018 Individual Variable Annuities 0.00% $0 $0 $0 $0 N/A
2018 Individual Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2018 Total Group Life 0.04% $7,426,601 $0 $1,920,805 $0 N/A
2018 Group Ordinary Annuities 0.35% $7,426,601 $0 $1,920,805 $0 N/A
2017 Total Accident & Health 0.00% $13,466 $13,466 $0 $0 0.00 %
2017 Total Individual Accident & Health 0.00% $13,466 $13,466 $0 $0 0.00 %
2017 Individual Accident Only 0.01% $13,466 $13,466 $0 $0 0.00 %
2017 Total Life 0.18% $38,623,975 $0 $11,884,620 $0 N/A
2017 Total Individual Life 0.15% $20,467,404 $0 $11,565,686 $0 N/A
2017 Individual Whole Life 0.00% $60,516 $0 $331,693 $0 N/A
2017 Individual Term Life 1.86% $19,040,832 $0 $10,700,583 $0 N/A
2017 Individual Universal Life 0.10% $1,362,942 $0 $514,625 $0 N/A
2017 Individual Variable Life 0.00% $3,114 $0 $0 $0 N/A
2017 Individual Variable Annuities 0.00% $0 $0 $18,785 $0 N/A
2017 Individual Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2017 Total Group Life 0.23% $18,156,571 $0 $318,934 $0 N/A
2017 Group Ordinary Annuities 0.69% $18,156,571 $0 $318,934 $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
2019 Health 0.00% 0 0
2019 Life and Annuities 0.41% 2 50
2018 Life and Annuities 0.33% 3 83
2018 Health 0.00% 0 0
2017 Health 0.00% 0 0
2017 Life and Annuities 0.29% 3 89


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.