Company Details

  VENERABLE INSURANCE AND ANNUITY COMPANY License Status :
Active

NAIC Number :

80942


Phone Number:

610-425-4310


Company Address:

1475 DUNWOODY DRIVE 
WEST CHESTER, PA  19380

Description:

Life and Health


License Number:

A420871


Date Admitted:

1976-10-27


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
2019 Total Accident & Health 0.00% $7,114 $7,189 $0 $0 0.00 %
2019 Total Individual Accident & Health 0.00% $7,114 $7,189 $0 $0 0.00 %
2019 Individual Specified Disease 0.00% $7,114 $7,189 $0 $0 0.00 %
2019 Total Life 0.00% $652,432 $0 $113,956,426 $0 N/A
2019 Total Individual Life 0.00% $448,800 $0 $58,416,906 $0 N/A
2019 Individual Whole Life 0.01% $112,475 $0 $635,601 $0 N/A
2019 Individual Term Life 0.00% $20,253 $0 $-3,914 $0 N/A
2019 Individual Universal Life 0.01% $122,478 $0 $618,540 $0 N/A
2019 Individual Ordinary Annuities 0.00% $29,716 $0 $5,334,741 $0 N/A
2019 Individual Variable Annuities 0.00% $118,336 $0 $4,813,917 $0 N/A
2019 Individual Modified Guaranteed Annuities 0.04% $8,155 $0 $1,464,044 $0 N/A
2019 Individual Equity Indexed Annuities 0.00% $37,387 $0 $45,553,977 $0 N/A
2019 Individual Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2019 Total Group Life 0.00% $203,632 $0 $55,539,520 $0 N/A
2019 Group Variable Life 0.00% $0 $0 $253,321 $0 N/A
2019 Group Variable Annuities 0.02% $199,966 $0 $52,448,507 $0 N/A
2019 Group Modified Guaranteed Annuities 20.00% $122 $0 $0 $0 N/A
2019 Group Equity Indexed Annuities 0.26% $3,544 $0 $2,837,692 $0 N/A
2018 Total Accident & Health 0.00% $7,472 $7,541 $0 $0 0.00 %
2018 Total Individual Accident & Health 0.00% $7,472 $7,541 $0 $0 0.00 %
2018 Individual Specified Disease 0.00% $7,472 $7,541 $0 $0 0.00 %
2018 Total Life 0.01% $4,490,999 $0 $114,938,570 $0 N/A
2018 Total Individual Life 0.03% $3,782,601 $0 $52,718,953 $0 N/A
2018 Individual Whole Life 0.01% $119,542 $0 $589,607 $0 N/A
2018 Individual Term Life 0.00% $19,833 $0 $10,092 $0 N/A
2018 Individual Universal Life 0.01% $125,841 $0 $501,377 $0 N/A
2018 Individual Ordinary Annuities 0.01% $232,551 $0 $5,584,527 $0 N/A
2018 Individual Variable Annuities 0.04% $1,334,537 $0 $4,651,209 $0 N/A
2018 Individual Modified Guaranteed Annuities 0.38% $104,118 $0 $2,500,306 $0 N/A
2018 Individual Equity Indexed Annuities 0.04% $1,846,179 $0 $38,881,835 $0 N/A
2018 Individual Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2018 Total Group Life 0.00% $708,398 $0 $62,219,617 $0 N/A
2018 Group Variable Life 0.00% $0 $0 $483,110 $0 N/A
2018 Group Variable Annuities 0.06% $689,447 $0 $61,268,777 $0 N/A
2018 Group Modified Guaranteed Annuities 20.00% $379 $0 $0 $0 N/A
2018 Group Equity Indexed Annuities 1.24% $18,572 $0 $467,730 $0 N/A
2017 Total Accident & Health 0.00% $7,819 $7,853 $600 $600 7.64 %
2017 Total Individual Accident & Health 0.00% $7,819 $7,853 $600 $600 7.64 %
2017 Individual Specified Disease 0.00% $7,819 $7,853 $600 $600 7.64 %
2017 Total Life 0.09% $20,642,701 $0 $168,751,373 $0 N/A
2017 Total Individual Life 0.15% $20,188,147 $0 $65,500,984 $0 N/A
2017 Individual Whole Life 0.01% $121,838 $0 $390,599 $0 N/A
2017 Individual Term Life 0.00% $16,498 $0 $-5,247 $0 N/A
2017 Individual Universal Life 0.01% $107,237 $0 $654,914 $0 N/A
2017 Individual Ordinary Annuities 0.01% $86,327 $0 $3,593,616 $0 N/A
2017 Individual Variable Annuities 0.04% $1,349,304 $0 $15,996,740 $0 N/A
2017 Individual Modified Guaranteed Annuities 0.17% $38,773 $0 $1,614,046 $0 N/A
2017 Individual Equity Indexed Annuities 0.48% $18,468,170 $0 $43,256,316 $0 N/A
2017 Individual Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2017 Total Group Life 0.01% $454,554 $0 $103,250,389 $0 N/A
2017 Group Variable Life 0.00% $0 $0 $29,876 $0 N/A
2017 Group Variable Annuities 0.04% $441,916 $0 $102,806,559 $0 N/A
2017 Group Modified Guaranteed Annuities 0.01% $212 $0 $0 $0 N/A
2017 Group Equity Indexed Annuities 1.10% $12,426 $0 $413,954 $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
2019 Health 0.00% 0 0
2019 Life and Annuities 0.09% 0 0
2018 Health 0.00% 0 0
2018 Life and Annuities 0.18% 1 52
2017 Life and Annuities 0.26% 1 34
2017 Health 0.00% 0 0


Company Changes

Effective Date: 01/01/2004

Comments: USG Annuity & Life Co., Equitable Life Insurance Co. of Iowa and United Life & Annuity Insurance Co. merged with and into ING USA Annuity and Life Insurance.

Effective Date: 01/01/2004

Comments: Golden American Life Insurance Co. changed its name to ING USA Annuity and Life Insurance Co.

Effective Date: 09/01/2014

Comments: Effective 09/01/14 ING USA and Life Insurance Company changed its name to Voya Insurance and Annuity Company.

Effective Date: 05/13/2020

Comments: Effective 5/13/2020 Voya Life and Annuity Company changed its name to the above.


Market Conduct

Date: 08/13/2013

MultiStateING.pdf


Financial Exams

This company does not have any financial exams.