Company Details

  MINNESOTA LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

66168


Phone Number:

6516655678


Company Address:

400 ROBERT STREET NORTH Attn: Law Department
ST. PAUL, MN  55101-2098

Description:

Life and Health


License Number:

A418229


Date Admitted:

1901-12-23


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
2022 Total Accident & Health 0.01% $9,798,858 $9,722,218 $3,294,091 $2,684,388 27.61 %
2022 Total Individual Accident & Health 0.00% $420,555 $436,637 $333,591 $-276,717 -63.37 %
2022 Individual Long Term Care 0.02% $79,425 $80,159 $0 $0 0.00 %
2022 Individual Accident Only 0.00% $4,277 $4,277 $0 $0 0.00 %
2022 Individual Disability Income 0.15% $336,853 $352,201 $333,591 $-276,717 -78.57 %
2022 Total Group Accident & Health 0.02% $9,378,303 $9,285,581 $2,960,500 $2,961,105 31.89 %
2022 Group Accident Only 1.76% $7,353,462 $7,317,984 $2,746,475 $2,681,497 36.64 %
2022 Group Disability Income 0.00% $1,222 $1,111 $49,887 $37,628 N/A
2022 Group Short Term Credit Disability 14.49% $2,023,619 $1,966,486 $164,138 $241,980 12.31 %
2022 Total Life 0.41% $163,963,997 $0 $127,579,653 $0 N/A
2022 Total Individual Life 0.27% $67,900,414 $0 $58,705,362 $0 N/A
2022 Individual Whole Life 0.08% $1,154,348 $0 $1,297,128 $0 N/A
2022 Individual Term Life 0.40% $5,957,217 $0 $2,950,141 $0 N/A
2022 Individual Universal Life 0.91% $16,486,990 $0 $8,591,127 $0 N/A
2022 Individual Variable Life 6.73% $32,575,963 $0 $12,317,991 $0 N/A
2022 Individual Ordinary Annuities 0.08% $3,283,975 $0 $2,895,305 $0 N/A
2022 Individual Variable Annuities 0.05% $4,115,419 $0 $29,650,400 $0 N/A
2022 Individual Modified Guaranteed Annuities 0.00% $0 $0 $633,406 $0 N/A
2022 Individual Equity Indexed Annuities 0.05% $3,204,232 $0 $369,864 $0 N/A
2022 Individual Deposit-Type Funds 0.11% $1,122,270 $0 $0 $0 N/A
2022 Total Group Life 0.67% $96,063,583 $0 $68,874,291 $0 N/A
2022 Group Term Life 1.25% $18,777,843 $0 $18,832,648 $0 N/A
2022 Group Universal Life 0.22% $1,028,670 $0 $3,527,707 $0 N/A
2022 Group Credit Life 22.09% $3,887,154 $0 $1,054,943 $0 N/A
2022 Group Variable Life 0.03% $81,118 $0 $84,185 $0 N/A
2022 Group Ordinary Annuities 0.10% $3,821,577 $0 $7,764,372 $0 N/A
2022 Group Variable Annuities 0.00% $0 $0 $37,610,436 $0 N/A
2022 Group Deposit-Type Funds 0.06% $532,337 $0 $0 $0 N/A
2022 Group Other Considerations 1.10% $67,934,884 $0 $0 $0 N/A
2021 Total Accident & Health 0.01% $10,738,552 $10,849,599 $3,083,232 $4,150,478 38.25 %
2021 Total Individual Accident & Health 0.00% $465,143 $480,915 $420,919 $816,000 N/A
2021 Individual Long Term Care 0.01% $75,593 $75,926 $0 $0 0.00 %
2021 Individual Accident Only 0.00% $5,019 $5,019 $25,000 $24,994 N/A
2021 Individual Disability Income 0.16% $384,531 $399,970 $395,919 $791,006 N/A
2021 Total Group Accident & Health 0.02% $10,273,409 $10,368,684 $2,662,313 $3,334,478 32.16 %
2021 Group Accident Only 2.30% $8,346,343 $8,451,381 $2,416,518 $3,018,048 35.71 %
2021 Group Disability Income 0.00% $339 $334 $52,610 $95,056 N/A
2021 Group Short Term Credit Disability 11.13% $1,926,727 $1,916,969 $193,185 $221,374 11.55 %
2021 Total Life 0.46% $163,150,474 $0 $124,904,399 $0 N/A
2021 Total Individual Life 0.31% $69,237,549 $0 $45,114,460 $0 N/A
2021 Individual Whole Life 0.04% $733,747 $0 $1,076,535 $0 N/A
2021 Individual Term Life 0.42% $5,679,148 $0 $4,636,239 $0 N/A
2021 Individual Universal Life 1.03% $18,756,579 $0 $2,746,334 $0 N/A
2021 Individual Variable Life 5.98% $30,712,569 $0 $4,962,536 $0 N/A
2021 Individual Ordinary Annuities 0.06% $1,879,059 $0 $3,507,314 $0 N/A
2021 Individual Variable Annuities 0.06% $5,584,488 $0 $27,665,187 $0 N/A
2021 Individual Modified Guaranteed Annuities 0.00% $0 $0 $218,718 $0 N/A
2021 Individual Equity Indexed Annuities 0.05% $2,405,682 $0 $301,597 $0 N/A
2021 Individual Deposit-Type Funds 2.33% $3,486,277 $0 $0 $0 N/A
2021 Total Group Life 0.73% $93,912,925 $0 $79,789,939 $0 N/A
2021 Group Term Life 1.11% $18,308,756 $0 $18,273,838 $0 N/A
2021 Group Universal Life 0.80% $1,102,069 $0 $1,562,429 $0 N/A
2021 Group Credit Life 16.13% $3,410,963 $0 $1,051,615 $0 N/A
2021 Group Variable Life 0.23% $135,226 $0 $57,539 $0 N/A
2021 Group Ordinary Annuities 0.04% $1,174,846 $0 $8,150,249 $0 N/A
2021 Group Variable Annuities 0.00% $0 $0 $50,694,269 $0 N/A
2021 Group Deposit-Type Funds 0.04% $344,015 $0 $0 $0 N/A
2021 Group Other Considerations 1.21% $69,437,050 $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
2022 Health 0.11% 0 0
2022 Life and Annuities 0.92% 1 15
2022 Long-Term Care Insurance 0.03% 0 0
2021 Health 0.12% 0 0
2021 Life and Annuities 1.12% 2 23
2021 Long-Term Care Insurance 0.03% 0 0


Company Changes


Market Conduct

Date: 10/11/2022

MLIC1022.pdf


Financial Exams

This company does not have any financial exams.