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Company Details
NASSAU LIFE AND ANNUITY COMPANY License Status :
Active
NAIC Number :
93734
Phone Number:
8604035210
Company Address:
One American Row
Hartford, CT 06103
Description:
Life and Health
License Number:
A423466
Date Admitted:
1981-12-28
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% | $400,523 | $0 | $1,349,645 | $0 | N/A |
| 2023 | Total Individual Accident & Health | 0.01% | $400,523 | $0 | $1,349,645 | $0 | N/A |
| 2023 | Individual Medicare Supplement | 0.06% | $345,488 | $0 | $249,869 | $0 | N/A |
| 2023 | Individual Long Term Care | 0.08% | $154,207 | $0 | $940,929 | $0 | N/A |
| 2023 | Individual Specified Disease | 0.04% | $37,953 | $0 | $0 | $0 | N/A |
| 2023 | Individual Accident Only | 0.10% | $77,352 | $0 | $0 | $0 | N/A |
| 2023 | Individual Disability Income | -0.27% | $-307,843 | $0 | $158,847 | $0 | N/A |
| 2023 | Individual Dental | 0.04% | $19,267 | $0 | $0 | $0 | N/A |
| 2023 | Individual Limited Benefit | 0.07% | $74,099 | $0 | $0 | $0 | N/A |
| 2023 | Total Life | 0.16% | $21,289,952 | $0 | $4,373,292 | $0 | N/A |
| 2023 | Total Individual Life | 0.21% | $21,289,952 | $0 | $4,373,292 | $0 | N/A |
| 2023 | Individual Whole Life | 0.04% | $383,727 | $0 | $604,639 | $0 | N/A |
| 2023 | Individual Term Life | 0.01% | $66,959 | $0 | $20,000 | $0 | N/A |
| 2023 | Individual Universal Life | 0.05% | $300,536 | $0 | $399,485 | $0 | N/A |
| 2023 | Individual Variable Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2023 | Individual Ordinary Annuities | 0.09% | $2,394,026 | $0 | $601,410 | $0 | N/A |
| 2023 | Individual Modified Guaranteed Annuities | 1.42% | $725,788 | $0 | $435,794 | $0 | N/A |
| 2023 | Individual Equity Indexed Annuities | 0.78% | $17,418,916 | $0 | $2,311,964 | $0 | N/A |
| 2022 | Total Accident & Health | 0.00% | $172,626 | $172,626 | $1,542,804 | $1,432,258 | N/A |
| 2022 | Total Individual Accident & Health | 0.00% | $167,163 | $167,163 | $1,529,392 | $1,418,726 | N/A |
| 2022 | Individual Medicare Supplement | 0.09% | $444,738 | $444,738 | $403,784 | $374,566 | 84.22 % |
| 2022 | Individual Long Term Care | 0.09% | $176,597 | $176,597 | $880,897 | $817,156 | N/A |
| 2022 | Individual Specified Disease | 0.06% | $65,263 | $65,263 | $35,084 | $32,545 | 49.87 % |
| 2022 | Individual Accident Only | 0.00% | $0 | $0 | $7,312 | $6,783 | N/A |
| 2022 | Individual Disability Income | -0.63% | $-694,945 | $-694,945 | $150,739 | $139,832 | N/A |
| 2022 | Individual Dental | 0.05% | $22,790 | $22,790 | $4,891 | $4,537 | 19.91 % |
| 2022 | Individual Limited Benefit | 0.15% | $152,720 | $152,720 | $46,685 | $43,307 | 28.36 % |
| 2022 | Total Group Accident & Health | 0.00% | $5,463 | $5,463 | $13,412 | $13,532 | N/A |
| 2022 | Group Medicare Supplement | 0.00% | $5,463 | $5,463 | $13,412 | $13,532 | N/A |
| 2022 | Total Life | 0.13% | $18,924,570 | $0 | $3,600,192 | $0 | N/A |
| 2022 | Total Individual Life | 0.19% | $18,924,570 | $0 | $3,600,192 | $0 | N/A |
| 2022 | Individual Whole Life | 0.06% | $534,121 | $0 | $976,239 | $0 | N/A |
| 2022 | Individual Term Life | 0.02% | $119,534 | $0 | $0 | $0 | N/A |
| 2022 | Individual Universal Life | 0.03% | $203,050 | $0 | $246,499 | $0 | N/A |
| 2022 | Individual Variable Life | 0.00% | $10,000 | $0 | $0 | $0 | N/A |
| 2022 | Individual Ordinary Annuities | 0.00% | $1,770 | $0 | $11,532 | $0 | N/A |
| 2022 | Individual Modified Guaranteed Annuities | 0.94% | $717,887 | $0 | $324,009 | $0 | N/A |
| 2022 | Individual Equity Indexed Annuities | 0.90% | $17,338,208 | $0 | $2,041,913 | $0 | N/A |
| 2021 | Total Accident & Health | 0.00% | $411,948 | $411,948 | $1,661,881 | $940,725 | N/A |
| 2021 | Total Individual Accident & Health | 0.01% | $408,137 | $408,137 | $1,660,167 | $927,944 | N/A |
| 2021 | Individual Medicare Supplement | 0.10% | $573,028 | $573,028 | $443,971 | $248,156 | 43.31 % |
| 2021 | Individual Long Term Care | 0.12% | $248,328 | $248,328 | $891,287 | $498,182 | N/A |
| 2021 | Individual Specified Disease | 0.08% | $80,865 | $80,865 | $70,508 | $39,410 | 48.74 % |
| 2021 | Individual Accident Only | 0.00% | $0 | $0 | $19,981 | $11,168 | N/A |
| 2021 | Individual Disability Income | -0.60% | $-671,216 | $-671,216 | $182,723 | $102,133 | N/A |
| 2021 | Individual Dental | 0.06% | $27,797 | $27,797 | $8,969 | $5,013 | 18.03 % |
| 2021 | Individual Limited Benefit | 0.22% | $149,335 | $149,335 | $42,728 | $23,882 | 15.99 % |
| 2021 | Total Group Accident & Health | 0.00% | $3,811 | $3,811 | $1,714 | $12,781 | N/A |
| 2021 | Group Medicare Supplement | 0.00% | $3,811 | $3,811 | $1,714 | $12,781 | N/A |
| 2021 | Total Life | 0.11% | $14,086,860 | $0 | $1,724,832 | $0 | N/A |
| 2021 | Total Individual Life | 0.18% | $14,086,860 | $0 | $1,724,832 | $0 | N/A |
| 2021 | Individual Whole Life | 0.06% | $548,922 | $0 | $813,134 | $0 | N/A |
| 2021 | Individual Term Life | 0.03% | $175,594 | $0 | $0 | $0 | N/A |
| 2021 | Individual Universal Life | 0.01% | $93,407 | $0 | $597,414 | $0 | N/A |
| 2021 | Individual Variable Life | 0.01% | $12,000 | $0 | $343 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 0.00% | $1,720 | $0 | $1,551 | $0 | N/A |
| 2021 | Individual Modified Guaranteed Annuities | 5.60% | $2,226,230 | $0 | $5,417 | $0 | N/A |
| 2021 | Individual Equity Indexed Annuities | 0.81% | $11,028,987 | $0 | $306,973 | $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 | 0.00% | 0 | 0 |
| 2023 | Life and Annuities | 0.15% | 2 | 176 |
| 2023 | Long-Term Care Insurance | 0.08% | 0 | 0 |
| 2023 | Medicare Supplement Insurance | 0.06% | 0 | 0 |
| 2022 | Health | 0.01% | 0 | 0 |
| 2022 | Life and Annuities | 0.13% | 2 | 211 |
| 2022 | Long-Term Care Insurance | 0.09% | 0 | 0 |
| 2022 | Medicare Supplement Insurance | 0.08% | 0 | 0 |
| 2021 | Health | 0.01% | 0 | 0 |
| 2021 | Life and Annuities | 0.08% | 0 | 0 |
| 2021 | Long-Term Care Insurance | 0.06% | 0 | 0 |
| 2021 | Medicare Supplement Insurance | 0.06% | 0 | 0 |
Company Changes
Effective Date: 10/02/2018
Comments: Effective 10/2/2018 Phoenix Life and Annuity changed its name to Nassau Life and Annuity Company
Effective Date: 12/31/2020
Comments: Effective 12/31/2020, Nassau Life Insurance Company of Texas merged with and into the above company.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.