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Company Details
SYMETRA LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
68608
Phone Number:
4252568000
Company Address:
P.O.BOX 34690
SEATTLE, WA 98124-1690
Description:
Life and Health
License Number:
A418077
Date Admitted:
1958-12-23
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 | 0.19% | $28,251,537 | $28,596,034 | $21,389,363 | $23,551,929 | 82.36 % |
| 2023 | Total Individual Accident & Health | 0.00% | $4,221 | $4,702 | $2,880 | $1,479 | 31.45 % |
| 2023 | Individual Disability Income | 0.00% | $4,221 | $4,702 | $2,880 | $1,479 | 31.45 % |
| 2023 | Total Group Accident & Health | 0.29% | $28,247,316 | $28,591,332 | $21,386,483 | $23,550,450 | 82.37 % |
| 2023 | Group Specified Disease | 0.82% | $414,147 | $419,190 | $153,800 | $169,362 | 40.40 % |
| 2023 | Group Accident Only | 0.34% | $460,707 | $466,318 | $443,232 | $488,080 | N/A |
| 2023 | Group Disability Income | 0.58% | $2,316,308 | $2,344,518 | $2,063,522 | $2,272,317 | 96.92 % |
| 2023 | Group Limited Benefit | 0.42% | $1,307,760 | $1,323,687 | $483,441 | $532,357 | 40.22 % |
| 2023 | Group Stop Loss | 2.39% | $23,748,394 | $24,037,619 | $18,242,488 | $20,088,334 | 83.57 % |
| 2023 | Total Life | 0.80% | $108,406,356 | $0 | $57,778,232 | $0 | N/A |
| 2023 | Total Individual Life | 1.06% | $106,292,390 | $0 | $54,944,467 | $0 | N/A |
| 2023 | Individual Whole Life | 0.01% | $48,015 | $0 | $191,027 | $0 | N/A |
| 2023 | Individual Term Life | 0.42% | $2,454,170 | $0 | $642,085 | $0 | N/A |
| 2023 | Individual Universal Life | 2.16% | $12,340,089 | $0 | $3,301,066 | $0 | N/A |
| 2023 | Individual Variable Life | 0.04% | $43,563 | $0 | $210,511 | $0 | N/A |
| 2023 | Individual Ordinary Annuities | 1.89% | $50,567,847 | $0 | $18,229,033 | $0 | N/A |
| 2023 | Individual Variable Annuities | 0.00% | $0 | $0 | $566,525 | $0 | N/A |
| 2023 | Individual Equity Indexed Annuities | 1.76% | $39,501,097 | $0 | $30,520,614 | $0 | N/A |
| 2023 | Individual Deposit-Type Funds | 0.10% | $1,337,609 | $0 | $1,283,606 | $0 | N/A |
| 2023 | Total Group Life | 0.06% | $2,113,966 | $0 | $2,833,765 | $0 | N/A |
| 2023 | Group Term Life | 0.35% | $2,055,347 | $0 | $2,412,122 | $0 | N/A |
| 2023 | Group Ordinary Annuities | 0.00% | $6,784 | $0 | $291,566 | $0 | N/A |
| 2023 | Group Variable Annuities | 0.01% | $51,835 | $0 | $130,077 | $0 | N/A |
| 2022 | Total Accident & Health | 0.19% | $23,321,600 | $23,500,317 | $15,341,729 | $15,452,357 | 65.75 % |
| 2022 | Total Individual Accident & Health | 0.00% | $5,379 | $5,938 | $3,160 | $-681 | -11.47 % |
| 2022 | Individual Disability Income | 0.00% | $5,379 | $5,938 | $3,160 | $-681 | -11.47 % |
| 2022 | Total Group Accident & Health | 0.31% | $23,316,221 | $23,494,379 | $15,338,569 | $15,453,038 | 65.77 % |
| 2022 | Group Specified Disease | 0.54% | $260,746 | $262,738 | $123,250 | $124,170 | 47.26 % |
| 2022 | Group Accident Only | 0.30% | $397,027 | $400,061 | $394,896 | $397,843 | 99.45 % |
| 2022 | Group Disability Income | 0.61% | $2,313,977 | $2,331,658 | $1,449,256 | $1,460,071 | 62.62 % |
| 2022 | Group Limited Benefit | 0.47% | $1,375,706 | $1,386,218 | $477,743 | $481,308 | 34.72 % |
| 2022 | Group Stop Loss | 2.13% | $18,968,765 | $19,113,704 | $12,893,424 | $12,989,646 | 67.96 % |
| 2022 | Total Life | 1.31% | $188,304,680 | $0 | $47,940,210 | $0 | N/A |
| 2022 | Total Individual Life | 1.89% | $186,068,996 | $0 | $44,585,857 | $0 | N/A |
| 2022 | Individual Whole Life | 0.01% | $51,159 | $0 | $194,600 | $0 | N/A |
| 2022 | Individual Term Life | 0.37% | $2,307,821 | $0 | $542,500 | $0 | N/A |
| 2022 | Individual Universal Life | 1.49% | $11,666,634 | $0 | $2,039,489 | $0 | N/A |
| 2022 | Individual Variable Life | 0.02% | $42,264 | $0 | $1,166,744 | $0 | N/A |
| 2022 | Individual Ordinary Annuities | 1.03% | $24,260,335 | $0 | $14,204,731 | $0 | N/A |
| 2022 | Individual Variable Annuities | 0.00% | $0 | $0 | $38,841 | $0 | N/A |
| 2022 | Individual Equity Indexed Annuities | 7.61% | $147,106,399 | $0 | $0 | $0 | N/A |
| 2022 | Individual Deposit-Type Funds | 0.06% | $634,384 | $0 | $26,398,952 | $0 | N/A |
| 2022 | Total Group Life | 0.05% | $2,235,684 | $0 | $3,354,353 | $0 | N/A |
| 2022 | Group Term Life | 0.40% | $2,184,376 | $0 | $0 | $0 | N/A |
| 2022 | Group Universal Life | 0.00% | $0 | $0 | $2,455,080 | $0 | N/A |
| 2022 | Group Ordinary Annuities | 0.00% | $51,308 | $0 | $717,300 | $0 | N/A |
| 2022 | Group Variable Annuities | 0.00% | $0 | $0 | $181,973 | $0 | N/A |
| 2021 | Total Accident & Health | 0.13% | $15,699,452 | $15,757,859 | $9,126,859 | $9,809,230 | 62.25 % |
| 2021 | Total Individual Accident & Health | 0.00% | $6,151 | $7,583 | $18,405 | $8,755 | N/A |
| 2021 | Individual Disability Income | 0.01% | $6,151 | $7,583 | $18,405 | $8,755 | N/A |
| 2021 | Total Group Accident & Health | 0.21% | $15,693,301 | $15,750,276 | $9,108,454 | $9,800,475 | 62.22 % |
| 2021 | Group Specified Disease | 0.05% | $22,758 | $22,841 | $5,000 | $5,380 | 23.55 % |
| 2021 | Group Accident Only | 0.17% | $210,865 | $211,630 | $198,385 | $213,457 | N/A |
| 2021 | Group Disability Income | 0.52% | $1,852,037 | $1,858,761 | $1,633,906 | $1,758,043 | 94.58 % |
| 2021 | Group Limited Benefit | 0.23% | $658,572 | $660,963 | $403,179 | $433,811 | 65.63 % |
| 2021 | Group Stop Loss | 1.63% | $12,949,069 | $12,996,081 | $6,867,984 | $7,389,784 | 56.86 % |
| 2021 | Total Life | 0.77% | $94,265,287 | $0 | $40,130,423 | $0 | N/A |
| 2021 | Total Individual Life | 1.17% | $92,169,978 | $0 | $34,444,265 | $0 | N/A |
| 2021 | Individual Whole Life | 0.01% | $56,764 | $0 | $321,392 | $0 | N/A |
| 2021 | Individual Term Life | 0.35% | $2,100,884 | $0 | $767,000 | $0 | N/A |
| 2021 | Individual Universal Life | 1.61% | $12,854,463 | $0 | $1,112,770 | $0 | N/A |
| 2021 | Individual Variable Life | 0.00% | $0 | $0 | $2,789,548 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 4.96% | $77,157,867 | $0 | $10,717,208 | $0 | N/A |
| 2021 | Individual Variable Annuities | 0.00% | $0 | $0 | $798,649 | $0 | N/A |
| 2021 | Individual Equity Indexed Annuities | 0.00% | $0 | $0 | $17,937,698 | $0 | N/A |
| 2021 | Individual Deposit-Type Funds | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2021 | Total Group Life | 0.05% | $2,095,309 | $0 | $5,686,158 | $0 | N/A |
| 2021 | Group Term Life | 0.33% | $1,992,204 | $0 | $2,047,713 | $0 | N/A |
| 2021 | Group Ordinary Annuities | 0.01% | $103,105 | $0 | $592,542 | $0 | N/A |
| 2021 | Group Variable Annuities | 0.00% | $0 | $0 | $3,045,903 | $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 | 0.18% | 1 | 25 |
| 2023 | Life and Annuities | 1.30% | 1 | 10 |
| 2022 | Health | 0.22% | 2 | 42 |
| 2022 | Life and Annuities | 1.05% | 1 | 13 |
| 2021 | Health | 0.18% | 2 | 46 |
| 2021 | Life and Annuities | 0.60% | 2 | 43 |
Company Changes
Effective Date: 10/01/2005
Comments: American States Life Insurance Company merged with and into Symetra Life Insurance Company.
Effective Date: 09/01/2004
Comments: Safeco Life Insurance Co. changed its name to Symetra Life Insurance Co.
Effective Date: 10/16/2014
Comments: Effective 10/16/14 this company redomesticated to Iowa.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.