Company Details

  MIDLAND NATIONAL LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

66044


Phone Number:

515-273-0874


Company Address:

4350 WESTOWN PARKWAY 
WEST DES MOINES, IA  50266

Description:

Life and Health


License Number:

A420700


Date Admitted:

1953-08-31


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
2019 Total Life 0.16% $41,778,444 $0 $51,411,026 $0 N/A
2019 Total Individual Life 0.25% $41,339,598 $0 $34,942,395 $0 N/A
2019 Individual Whole Life 1.56% $20,097,709 $0 $9,786,153 $0 N/A
2019 Individual Ordinary Annuities 0.34% $7,829,389 $0 $9,344,737 $0 N/A
2019 Individual Variable Annuities 0.03% $1,343,634 $0 $1,603,689 $0 N/A
2019 Individual Equity Indexed Annuities 0.27% $11,903,866 $0 $14,207,816 $0 N/A
2019 Individual Deposit-Type Funds 0.10% $165,000 $0 $0 $0 N/A
2019 Total Group Life 0.00% $438,846 $0 $16,468,631 $0 N/A
2019 Group Whole Life 0.00% $3,500 $0 $0 $0 N/A
2019 Group Ordinary Annuities 0.00% $32,057 $0 $1,212,680 $0 N/A
2019 Group Variable Annuities 0.00% $14,597 $0 $552,203 $0 N/A
2019 Group Equity Indexed Annuities 28.98% $388,692 $0 $14,703,748 $0 N/A
2018 Total Accident & Health 0.00% $0 $0 $47 $47 N/A
2018 Total Individual Accident & Health 0.00% $0 $0 $47 $47 N/A
2018 Individual Disability Income 0.00% $0 $0 $47 $47 N/A
2018 Total Life 0.10% $31,856,116 $0 $50,725,030 $0 N/A
2018 Total Individual Life 0.21% $31,484,900 $0 $34,670,407 $0 N/A
2018 Individual Whole Life 1.28% $16,112,721 $0 $7,955,996 $0 N/A
2018 Individual Ordinary Annuities 0.35% $5,966,797 $0 $10,436,147 $0 N/A
2018 Individual Variable Annuities 0.02% $875,535 $0 $1,531,343 $0 N/A
2018 Individual Equity Indexed Annuities 0.19% $8,431,454 $0 $14,746,921 $0 N/A
2018 Individual Deposit-Type Funds 0.07% $98,393 $0 $0 $0 N/A
2018 Total Group Life 0.00% $371,216 $0 $16,054,623 $0 N/A
2018 Group Whole Life 0.00% $3,500 $0 $0 $0 N/A
2018 Group Ordinary Annuities 0.00% $25,067 $0 $1,094,433 $0 N/A
2018 Group Variable Annuities 0.00% $12,736 $0 $556,042 $0 N/A
2018 Group Equity Indexed Annuities 22.02% $329,913 $0 $14,404,148 $0 N/A
2017 Total Accident & Health 0.00% $964 $968 $0 $0 0.00 %
2017 Total Individual Accident & Health 0.00% $91 $95 $0 $0 0.00 %
2017 Individual Accident Only 0.00% $0 $0 $0 $0 N/A
2017 Individual Disability Income 0.00% $91 $95 $0 $0 0.00 %
2017 Total Group Accident & Health 0.00% $873 $873 $0 $0 0.00 %
2017 Group Accident Only 0.00% $873 $873 $0 $0 0.00 %
2017 Total Life 0.16% $35,775,716 $0 $45,320,822 $0 N/A
2017 Total Individual Life 0.26% $35,418,242 $0 $28,831,525 $0 N/A
2017 Individual Whole Life 1.78% $22,206,569 $0 $8,794,188 $0 N/A
2017 Individual Ordinary Annuities 0.36% $5,216,976 $0 $8,279,316 $0 N/A
2017 Individual Variable Annuities 0.02% $677,529 $0 $1,075,236 $0 N/A
2017 Individual Equity Indexed Annuities 0.17% $6,731,453 $0 $10,682,785 $0 N/A
2017 Individual Deposit-Type Funds 0.38% $585,715 $0 $0 $0 N/A
2017 Total Group Life 0.00% $357,474 $0 $16,489,297 $0 N/A
2017 Group Whole Life 0.00% $3,500 $0 $0 $0 N/A
2017 Group Ordinary Annuities 0.00% $24,383 $0 $1,135,842 $0 N/A
2017 Group Variable Annuities 0.00% $13,116 $0 $611,005 $0 N/A
2017 Group Equity Indexed Annuities 28.10% $316,475 $0 $14,742,450 $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 0.40% 7 180
2018 Health 0.00% 0 0
2018 Life and Annuities 0.48% 5 95
2017 Health 0.00% 0 0
2017 Life and Annuities 0.51% 14 238


Company Changes

Effective Date: 04/01/2004

Comments: Clarica Life Insurance Co. merged with and into Midland National Life Insurance Co.


Market Conduct

Date: 04/23/2007

A7307529_order.pdf

Date: 04/24/2020

MNLIC420.pdf


Financial Exams

This company does not have any financial exams.