Company Details

  METROPOLITAN TOWER LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

97136


Phone Number:

8139834100


Company Address:

18210 Crane Nest Drive, 3rd Floor 
Tampa, FL  33647

Description:

Life and Health


License Number:

A419085


Date Admitted:

1984-06-12


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 0.00% $48,329 $51,053 $588,578 $256,816 N/A
2023 Total Individual Accident & Health 0.00% $48,329 $51,053 $588,578 $256,816 N/A
2023 Individual Disability Income 0.04% $48,329 $51,053 $588,578 $256,816 N/A
2023 Total Life 0.40% $54,175,255 $0 $83,177,337 $0 N/A
2023 Total Individual Life 0.14% $14,516,694 $0 $69,526,508 $0 N/A
2023 Individual Whole Life 0.93% $8,128,181 $0 $32,095,417 $0 N/A
2023 Individual Term Life 0.27% $1,618,832 $0 $1,103,913 $0 N/A
2023 Individual Universal Life 0.47% $2,669,481 $0 $21,739,646 $0 N/A
2023 Individual Variable Life 2.01% $2,065,794 $0 $4,908,758 $0 N/A
2023 Individual Ordinary Annuities 0.00% $870 $0 $2,419,856 $0 N/A
2023 Individual Variable Annuities 0.00% $33,536 $0 $7,258,918 $0 N/A
2023 Total Group Life 1.13% $39,658,561 $0 $13,650,829 $0 N/A
2023 Group Whole Life 0.48% $287,495 $0 $0 $0 N/A
2023 Group Term Life 0.00% $17,664 $0 $0 $0 N/A
2023 Group Universal Life 10.50% $4,812,629 $0 $0 $0 N/A
2023 Group Variable Life 0.00% $0 $0 $0 $0 N/A
2023 Group Variable Annuities 6.95% $34,540,773 $0 $13,650,829 $0 N/A
2023 Group Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2022 Total Accident & Health 0.00% $59,166 $66,354 $500,748 $319,013 N/A
2022 Total Individual Accident & Health 0.00% $59,166 $66,354 $500,748 $319,013 N/A
2022 Individual Disability Income 0.05% $59,166 $66,354 $500,748 $319,013 N/A
2022 Total Life 0.29% $41,409,978 $0 $57,033,060 $0 N/A
2022 Total Individual Life 0.16% $16,089,675 $0 $45,209,904 $0 N/A
2022 Individual Whole Life 1.03% $8,880,757 $0 $16,002,042 $0 N/A
2022 Individual Term Life 0.30% $1,843,990 $0 $1,141,699 $0 N/A
2022 Individual Universal Life 0.36% $2,814,167 $0 $20,137,300 $0 N/A
2022 Individual Variable Life 0.93% $2,044,687 $0 $3,068,386 $0 N/A
2022 Individual Ordinary Annuities 0.00% $840 $0 $0 $0 N/A
2022 Individual Variable Annuities 0.02% $346,119 $0 $1,985,377 $0 N/A
2022 Individual Modified Guaranteed Annuities 0.00% $0 $0 $2,875,100 $0 N/A
2022 Individual Deposit-Type Funds 0.02% $159,115 $0 $0 $0 N/A
2022 Total Group Life 0.56% $25,320,303 $0 $11,823,156 $0 N/A
2022 Group Whole Life 0.31% $127,843 $0 $0 $0 N/A
2022 Group Ordinary Annuities 1.52% $24,592,460 $0 $11,823,156 $0 N/A
2022 Group Deposit-Type Funds 0.11% $600,000 $0 $0 $0 N/A
2021 Total Accident & Health 0.00% $68,949 $72,640 $899,116 $546,499 N/A
2021 Total Individual Accident & Health 0.00% $68,949 $72,640 $899,116 $546,499 N/A
2021 Individual Disability Income 0.06% $68,949 $72,640 $899,116 $546,499 N/A
2021 Total Life 0.84% $102,806,273 $0 $39,921,939 $0 N/A
2021 Total Individual Life 0.21% $16,170,967 $0 $36,578,995 $0 N/A
2021 Individual Whole Life 1.10% $9,643,171 $0 $12,369,041 $0 N/A
2021 Individual Term Life 0.07% $444,276 $0 $0 $0 N/A
2021 Individual Universal Life 0.40% $3,156,814 $0 $13,606,298 $0 N/A
2021 Individual Variable Life 0.91% $2,159,346 $0 $4,494,004 $0 N/A
2021 Individual Ordinary Annuities 0.00% $860 $0 $1,847,098 $0 N/A
2021 Individual Variable Annuities 0.02% $471,007 $0 $4,262,554 $0 N/A
2021 Individual Deposit-Type Funds 0.32% $295,493 $0 $0 $0 N/A
2021 Total Group Life 1.97% $86,635,306 $0 $3,342,944 $0 N/A
2021 Group Whole Life 0.07% $30,910 $0 $0 $0 N/A
2021 Group Variable Life 0.00% $0 $0 $0 $0 N/A
2021 Group Ordinary Annuities 6.40% $85,870,295 $0 $3,342,944 $0 N/A
2021 Group Deposit-Type Funds 0.13% $734,101 $0 $0 $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
2023 Health 0.00% 0 0
2023 Life and Annuities 0.66% 7 143
2022 Health 0.00% 0 0
2022 Life and Annuities 0.64% 5 108
2021 Health 0.00% 0 0
2021 Life and Annuities 0.66% 4 78


Company Changes

Effective Date: 12/01/2004

Comments: Metropolitan Insurance and Annuity Company merged with and into Metropolitan Tower Life Insurance Company.

Effective Date: 04/27/2018

Comments: Effective 4/27/2018 this company redomesticated from Delaware to Nebraska.

Effective Date: 04/27/2018

Comments: Effective 4/27/18 General American Life Insurance Company merged with and into Metropolitan Tower Life Insurance Company


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.