Company Details

  MINNESOTA LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

66168


Phone Number:

651-665-3500


Company Address:

400 ROBERT STREET NORTH 
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
2020 Total Accident & Health 0.02% $11,725,281 $11,737,633 $5,210,538 $1,368,881 11.66 %
2020 Total Individual Accident & Health 0.00% $498,260 $510,733 $405,818 $-2,562,659 -501.76 %
2020 Individual Long Term Care 0.02% $79,622 $79,752 $0 $0 0.00 %
2020 Individual Accident Only 0.00% $4,883 $4,883 $0 $0 0.00 %
2020 Individual Disability Income 0.18% $413,755 $426,098 $405,818 $-2,562,659 -601.42 %
2020 Total Group Accident & Health 0.03% $11,227,021 $11,226,900 $4,804,720 $3,931,540 35.02 %
2020 Group Accident Only 2.68% $9,068,221 $9,119,683 $4,548,435 $3,810,203 41.78 %
2020 Group Disability Income 0.00% $17,507 $17,466 $54,219 $-35,534 -203.45 %
2020 Group Short Term Credit Disability 14.74% $2,141,293 $2,089,751 $202,066 $156,871 7.51 %
2020 Total Life 0.36% $145,254,068 $0 $97,763,296 $0 N/A
2020 Total Individual Life 0.34% $67,005,348 $0 $37,507,672 $0 N/A
2020 Individual Whole Life 0.08% $1,110,855 $0 $1,977,664 $0 N/A
2020 Individual Term Life 0.43% $5,336,490 $0 $1,879,621 $0 N/A
2020 Individual Universal Life 0.99% $16,556,683 $0 $584,158 $0 N/A
2020 Individual Variable Life 4.35% $19,777,163 $0 $8,389,215 $0 N/A
2020 Individual Ordinary Annuities 0.03% $620,537 $0 $2,515,277 $0 N/A
2020 Individual Variable Annuities 0.19% $16,556,279 $0 $20,207,842 $0 N/A
2020 Individual Modified Guaranteed Annuities 0.00% $0 $0 $1,381,149 $0 N/A
2020 Individual Equity Indexed Annuities 0.15% $5,619,933 $0 $572,746 $0 N/A
2020 Individual Deposit-Type Funds 1.01% $1,427,408 $0 $0 $0 N/A
2020 Total Group Life 0.37% $78,248,720 $0 $60,255,624 $0 N/A
2020 Group Term Life 1.81% $24,792,823 $0 $20,947,200 $0 N/A
2020 Group Universal Life 3.06% $2,761,045 $0 $2,521,641 $0 N/A
2020 Group Credit Life 18.78% $3,454,445 $0 $1,272,324 $0 N/A
2020 Group Variable Life 0.23% $157,906 $0 $64,891 $0 N/A
2020 Group Ordinary Annuities 0.10% $2,426,452 $0 $8,360,835 $0 N/A
2020 Group Variable Annuities 0.00% $0 $0 $27,088,733 $0 N/A
2020 Group Deposit-Type Funds 0.11% $914,577 $0 $0 $0 N/A
2020 Group Other Considerations 0.29% $43,741,472 $0 $0 $0 N/A
2019 Total Accident & Health 0.02% $12,403,641 $11,937,695 $4,255,898 $8,518,121 71.35 %
2019 Total Individual Accident & Health 0.00% $539,093 $569,171 $491,503 $3,860,477 N/A
2019 Individual Long Term Care 0.02% $86,378 $85,761 $0 $0 0.00 %
2019 Individual Disability Income 0.18% $452,715 $483,410 $491,503 $3,860,477 N/A
2019 Total Group Accident & Health 0.03% $11,864,548 $11,368,524 $3,764,395 $4,657,644 40.97 %
2019 Group Accident Only 2.67% $9,812,529 $9,784,026 $3,484,898 $4,285,517 43.80 %
2019 Group Disability Income 0.00% $17,158 $16,820 $58,061 $64,412 N/A
2019 Group Short Term Credit Disability 9.99% $2,034,861 $1,567,678 $221,436 $307,715 19.63 %
2018 Total Accident & Health 0.02% $10,924,672 $10,380,417 $3,951,607 $4,632,435 44.63 %
2018 Total Individual Accident & Health 0.00% $611,737 $629,779 $454,902 $146,464 23.26 %
2018 Individual Long Term Care 0.02% $88,255 $86,651 $0 $0 0.00 %
2018 Individual Disability Income 0.23% $523,482 $543,128 $454,902 $146,464 26.97 %
2018 Total Group Accident & Health 0.02% $10,312,935 $9,750,638 $3,496,705 $4,485,971 46.01 %
2018 Group Accident Only 2.43% $8,510,328 $8,387,221 $3,240,104 $4,074,597 48.58 %
2018 Group Disability Income 0.00% $17,420 $19,403 $55,712 $48,563 N/A
2018 Group Short Term Credit Disability 9.08% $1,785,187 $1,344,014 $200,889 $362,811 26.99 %

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
2020 Long-Term Care Insurance 0.03% 0 0
2020 Health 0.13% 0 0
2020 Life and Annuities 1.26% 5 49
2019 Health 0.12% 0 0
2019 Life and Annuities 1.34% 5 38
2019 Long-Term Care Insurance 0.04% 0 0
2018 Health 0.12% 0 0
2018 Life and Annuities 1.40% 8 53
2018 Long-Term Care Insurance 0.04% 0 0


Company Changes


Market Conduct

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


Financial Exams

This company does not have any financial exams.