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Company Details
FORTITUDE LIFE INSURANCE & ANNUITY COMPANY License Status :
Active
NAIC Number :
86630
Phone Number:
7854910184
Company Address:
10 Exchange Place, 22nd Floor
Jersey City, NJ 07302
Description:
Life and Health
License Number:
A424294
Date Admitted:
1976-11-19
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 Life | 0.01% | $748,121 | $0 | $149,741,550 | $0 | N/A |
| 2023 | Total Individual Life | 0.01% | $748,121 | $0 | $149,741,550 | $0 | N/A |
| 2023 | Individual Universal Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2023 | Individual Ordinary Annuities | 0.02% | $602,985 | $0 | $938,108 | $0 | N/A |
| 2023 | Individual Variable Annuities | 0.01% | $145,136 | $0 | $148,803,442 | $0 | N/A |
| 2022 | Total Life | 0.01% | $1,790,208 | $0 | $143,124,249 | $0 | N/A |
| 2022 | Total Individual Life | 0.02% | $1,790,208 | $0 | $143,124,249 | $0 | N/A |
| 2022 | Individual Universal Life | 0.00% | $17,967 | $0 | $262,191 | $0 | N/A |
| 2022 | Individual Ordinary Annuities | 0.07% | $1,533,016 | $0 | $28,327,205 | $0 | N/A |
| 2022 | Individual Deposit-Type Funds | 0.02% | $239,225 | $0 | $0 | $0 | N/A |
| 2022 | Individual Other Consideration | 0.00% | $0 | $0 | $114,534,853 | $0 | N/A |
| 2022 | Total Group Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2022 | Group Universal Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2021 | Total Life | 0.96% | $117,197,177 | $0 | $166,211,265 | $0 | N/A |
| 2021 | Total Individual Life | 1.49% | $117,197,177 | $0 | $166,211,265 | $0 | N/A |
| 2021 | Individual Variable Life | 0.04% | $90,336 | $0 | $120,607 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 0.22% | $3,379,630 | $0 | $1,846,045 | $0 | N/A |
| 2021 | Individual Variable Annuities | 4.95% | $111,830,460 | $0 | $163,986,046 | $0 | N/A |
| 2021 | Individual Deposit-Type Funds | 2.07% | $1,896,751 | $0 | $258,567 | $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 | Life and Annuities | 0.54% | 0 | 0 |
| 2022 | Life and Annuities | 0.55% | 0 | 0 |
| 2021 | Life and Annuities | 0.62% | 0 | 0 |
Company Changes
Effective Date: 01/01/2008
Comments: American Skandia Life Assurance Corporation changed its name to Prudential Annuities Life Assurance Corporation.
Effective Date: 01/13/2014
Comments: Effective 01/13/14 this company redomesticated to Arizona.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.