Company Details

  PRINCIPAL LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

61271


Phone Number:

5152475111


Company Address:

711 HIGH STREET 
DES MOINES, IA  50392

Description:

Life and Health


License Number:

A7906297


Date Admitted:

1911-11-08


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Earned Direct Premium Written Direct Losses Paid Direct Losses Incurred Loss Ratio
2018 Total Accident & Health 0.08% $44,618,742 $58,977,904 $24,654,037 $26,338,794 44.66 %
2018 Total Individual Accident & Health 0.06% $9,148,129 $6,966,897 $2,688,536 $3,739,543 53.68 %
2018 Individual Long Term Care 0.04% $145,906 $111,117 $42,880 $49,643 44.68 %
2018 Individual Disability Income 4.19% $9,002,223 $6,855,780 $2,645,656 $3,689,900 53.82 %
2018 Total Group Accident & Health 0.09% $35,470,613 $52,011,007 $21,965,501 $22,599,251 43.45 %
2018 Group Medicare Supplement 0.11% $1,363,868 $1,363,836 $1,118,645 $1,114,932 81.75 %
2018 Group Long Term Care 0.02% $17,871 $21,862 $38,477 $39,137 N/A
2018 Group Specified Disease 0.08% $63,220 $63,220 $10,100 $10,409 16.46 %
2018 Group Accident Only 0.03% $83,516 $83,516 $14,350 $14,789 17.71 %
2018 Group Disability Income 2.70% $14,777,319 $31,621,580 $9,173,594 $9,454,335 29.90 %
2018 Group Dental 2.00% $16,848,039 $16,582,309 $10,439,256 $10,758,731 64.88 %
2018 Group Limited Benefit 0.50% $2,316,780 $2,274,684 $1,171,079 $1,206,918 53.06 %
2018 Total Life 1.05% $281,687,903 $0 $76,074,001 $0 N/A
2018 Total Individual Life 0.47% $62,924,379 $0 $39,849,270 $0 N/A
2018 Individual Whole Life 0.14% $1,530,978 $0 $4,142,122 $0 N/A
2018 Individual Term Life 0.06% $636,159 $0 $5,668 $0 N/A
2018 Individual Universal Life 0.95% $12,595,001 $0 $12,238,474 $0 N/A
2018 Individual Ordinary Annuities 2.25% $34,798,941 $0 $12,438,340 $0 N/A
2018 Individual Variable Annuities 0.26% $8,789,773 $0 $8,838,209 $0 N/A
2018 Individual Equity Indexed Annuities 0.03% $1,060,554 $0 $201,677 $0 N/A
2018 Individual Deposit-Type Funds 2.52% $3,512,973 $0 $1,984,780 $0 N/A
2018 Total Group Life 1.64% $218,763,524 $0 $36,224,731 $0 N/A
2018 Group Whole Life 0.00% $0 $0 $0 $0 N/A
2018 Group Term Life 1.22% $13,372,885 $0 $12,069,540 $0 N/A
2018 Group Universal Life 0.97% $673,080 $0 $276,012 $0 N/A
2018 Group Ordinary Annuities 0.15% $3,107,895 $0 $23,703,806 $0 N/A
2018 Group Variable Annuities 0.00% $0 $0 $175,373 $0 N/A
2018 Group Deposit-Type Funds 28.58% $201,609,664 $0 $0 $0 N/A
2017 Total Accident & Health 0.07% $38,941,918 $36,564,489 $21,800,917 $20,671,498 56.53 %
2017 Total Individual Accident & Health 0.04% $8,813,638 $6,594,493 $2,540,590 $1,471,118 22.31 %
2017 Individual Long Term Care 0.03% $138,188 $103,394 $39,834 $13,066 12.64 %
2017 Individual Disability Income 4.14% $8,675,450 $6,491,099 $2,500,756 $1,458,052 22.46 %
2017 Total Group Accident & Health 0.08% $30,128,280 $29,969,996 $19,260,327 $19,200,380 64.07 %
2017 Group Comprehensive Medical Expense - Small Employer 0.00% $0 $0 $-86 $-87 N/A
2017 Group Medicare Supplement 0.13% $1,486,187 $1,486,030 $1,294,548 $1,150,452 77.42 %
2017 Group Long Term Care 0.02% $19,149 $20,937 $29,423 $23,783 N/A
2017 Group Specified Disease 0.02% $12,051 $12,051 $50 $50 0.41 %
2017 Group Accident Only 0.00% $539 $539 $0 $0 0.00 %
2017 Group Disability Income 2.28% $12,127,281 $11,906,309 $7,584,345 $7,622,312 64.02 %
2017 Group Dental 1.95% $14,799,450 $14,852,445 $9,547,466 $9,595,262 64.60 %
2017 Group Limited Benefit 0.38% $1,683,623 $1,691,685 $804,581 $808,608 47.80 %
2017 Total Life 1.96% $391,997,334 $0 $68,066,123 $0 N/A
2017 Total Individual Life 0.51% $63,028,222 $0 $33,921,299 $0 N/A
2017 Individual Whole Life 0.16% $1,707,138 $0 $7,378,167 $0 N/A
2017 Individual Term Life 0.07% $666,923 $0 $1,359,182 $0 N/A
2017 Individual Universal Life 1.08% $13,973,607 $0 $3,374,267 $0 N/A
2017 Individual Ordinary Annuities 1.67% $21,858,785 $0 $11,428,730 $0 N/A
2017 Individual Variable Annuities 0.59% $19,373,664 $0 $8,320,578 $0 N/A
2017 Individual Equity Indexed Annuities 0.02% $784,455 $0 $75,595 $0 N/A
2017 Individual Deposit-Type Funds 3.29% $4,663,650 $0 $1,984,780 $0 N/A
2017 Total Group Life 4.37% $328,969,112 $0 $34,144,824 $0 N/A
2017 Group Whole Life 0.00% $0 $0 $0 $0 N/A
2017 Group Term Life 1.13% $11,778,953 $0 $13,124,628 $0 N/A
2017 Group Universal Life 0.52% $725,081 $0 $59,127 $0 N/A
2017 Group Ordinary Annuities 8.48% $208,640,157 $0 $20,778,029 $0 N/A
2017 Group Variable Annuities 0.00% $0 $0 $183,040 $0 N/A
2017 Group Deposit-Type Funds 16.29% $107,824,921 $0 $0 $0 N/A
2017 Group Other Considerations 0.00% $0 $0 $0 $0 N/A
2016 Total Accident & Health 0.06% $35,530,678 $33,341,897 $18,252,800 $21,157,077 63.45 %
2016 Total Individual Accident & Health 0.04% $8,201,977 $6,118,419 $1,815,825 $4,564,926 74.61 %
2016 Individual Long Term Care 0.03% $111,680 $83,310 $24,725 $12,157 14.59 %
2016 Individual Disability Income 4.00% $8,090,297 $6,035,109 $1,791,100 $4,552,769 75.44 %
2016 Total Group Accident & Health 0.08% $27,328,701 $27,223,478 $16,436,975 $16,592,151 60.95 %
2016 Group Comprehensive Medical Expense - Small Employer 0.00% $0 $0 $-4,650 $-4,723 N/A
2016 Group Medicare Supplement 0.14% $1,574,775 $1,574,775 $1,371,179 $1,363,986 86.61 %
2016 Group Long Term Care 0.02% $18,056 $20,492 $73,128 $74,931 N/A
2016 Group Specified Disease 0.01% $8,948 $8,948 $50 $50 0.56 %
2016 Group Disability Income 2.16% $11,201,210 $11,170,514 $5,663,247 $5,752,202 51.49 %
2016 Group Dental 1.76% $13,297,775 $13,235,277 $8,780,858 $8,843,853 66.82 %
2016 Group Limited Benefit 0.30% $1,227,937 $1,213,472 $553,163 $561,852 46.30 %
2016 Total Life 1.52% $328,829,331 $0 $59,105,254 $0 N/A
2016 Total Individual Life 0.47% $66,336,987 $0 $32,996,746 $0 N/A
2016 Individual Whole Life 0.55% $5,971,655 $0 $8,217,010 $0 N/A
2016 Individual Term Life 0.08% $715,813 $0 $208,255 $0 N/A
2016 Individual Universal Life 0.37% $4,847,323 $0 $3,083,022 $0 N/A
2016 Individual Ordinary Annuities 1.86% $26,501,475 $0 $6,342,468 $0 N/A
2016 Individual Variable Annuities 0.46% $22,616,283 $0 $7,093,392 $0 N/A
2016 Individual Equity Indexed Annuities 0.07% $2,451,219 $0 $237,254 $0 N/A
2016 Individual Deposit-Type Funds 2.05% $3,233,219 $0 $7,815,345 $0 N/A
2016 Total Group Life 3.57% $262,492,344 $0 $26,108,508 $0 N/A
2016 Group Whole Life 0.00% $0 $0 $0 $0 N/A
2016 Group Term Life 1.44% $13,124,672 $0 $9,675,441 $0 N/A
2016 Group Universal Life 0.85% $752,314 $0 $592,267 $0 N/A
2016 Group Ordinary Annuities -0.00% $-19,265 $0 $15,687,461 $0 N/A
2016 Group Variable Annuities 0.00% $0 $0 $153,339 $0 N/A
2016 Group Deposit-Type Funds 28.53% $248,634,623 $0 $0 $0 N/A
2016 Group Other Considerations 0.00% $0 $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
2018 Medicare Supplement Insurance 0.20% 1 323
2018 Health 0.41% 20 110
2018 Life and Annuities 1.83% 2 10
2018 Long-Term Care Insurance 0.06% 0 0
2017 Health 0.41% 20 110
2017 Life and Annuities 1.82% 2 10
2017 Long-Term Care Insurance 0.06% 0 0
2017 Medicare Supplement Insurance 0.20% 1 323
2016 Medicare Supplement Insurance 0.23% 0 0
2016 Health 0.40% 23 122
2016 Life and Annuities 1.03% 2 17
2016 Long-Term Care Insurance 0.05% 0 0


Company Changes

Effective Date: 08/01/1998

Comments: Principal Mutual Life Insurance Co. changed its name to Principal Life Insurance Co.


Market Conduct

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


Financial Exams

This company does not have any financial exams.