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Company Details
S USA LIFE INSURANCE COMPANY INC License Status :
Active
NAIC Number :
60183
Phone Number:
8777254375
Company Address:
P.O. BOX 1050
NEWARK, NJ 07101-1050
Description:
Life and Health
License Number:
A420018
Date Admitted:
1997-09-26
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% | $725,284 | $686,423 | $388,539 | $248,894 | 36.26 % |
| 2023 | Total Individual Accident & Health | 0.00% | $138,143 | $135,500 | $109,156 | $109,046 | 80.48 % |
| 2023 | Individual Medicare Supplement | 0.03% | $138,143 | $135,500 | $109,156 | $109,046 | 80.48 % |
| 2023 | Total Group Accident & Health | 0.01% | $587,141 | $550,923 | $279,383 | $139,848 | 25.38 % |
| 2023 | Group Accident Only | 0.43% | $587,141 | $550,923 | $279,383 | $139,848 | 25.38 % |
| 2023 | Total Life | 0.15% | $20,242,779 | $0 | $2,594,837 | $0 | N/A |
| 2023 | Total Individual Life | 0.20% | $20,241,915 | $0 | $2,594,837 | $0 | N/A |
| 2023 | Individual Whole Life | 0.14% | $1,211,963 | $0 | $199,502 | $0 | N/A |
| 2023 | Individual Term Life | 0.07% | $407,959 | $0 | $33,582 | $0 | N/A |
| 2023 | Individual Ordinary Annuities | 0.70% | $18,621,993 | $0 | $2,361,753 | $0 | N/A |
| 2023 | Total Group Life | 0.00% | $864 | $0 | $0 | $0 | N/A |
| 2023 | Group Term Life | 0.00% | $864 | $0 | $0 | $0 | N/A |
| 2022 | Total Accident & Health | 0.00% | $549,445 | $574,256 | $216,700 | $286,628 | 49.91 % |
| 2022 | Total Individual Accident & Health | 0.00% | $227,150 | $227,629 | $152,499 | $152,400 | 66.95 % |
| 2022 | Individual Medicare Supplement | 0.05% | $227,150 | $227,629 | $152,499 | $152,400 | 66.95 % |
| 2022 | Total Group Accident & Health | 0.00% | $322,295 | $346,627 | $64,201 | $134,228 | 38.72 % |
| 2022 | Group Accident Only | 0.24% | $322,295 | $346,627 | $64,201 | $134,228 | 38.72 % |
| 2022 | Total Life | 0.09% | $13,263,469 | $0 | $341,063 | $0 | N/A |
| 2022 | Total Individual Life | 0.13% | $13,262,879 | $0 | $341,063 | $0 | N/A |
| 2022 | Individual Whole Life | 0.11% | $980,023 | $0 | $30,797 | $0 | N/A |
| 2022 | Individual Term Life | 0.02% | $110,233 | $0 | $107,678 | $0 | N/A |
| 2022 | Individual Ordinary Annuities | 0.52% | $12,172,623 | $0 | $202,588 | $0 | N/A |
| 2022 | Total Group Life | 0.00% | $590 | $0 | $0 | $0 | N/A |
| 2022 | Group Term Life | 0.00% | $590 | $0 | $0 | $0 | N/A |
| 2021 | Total Accident & Health | 0.00% | $329,863 | $343,576 | $255,138 | $264,818 | 77.08 % |
| 2021 | Total Individual Accident & Health | 0.01% | $264,746 | $264,230 | $245,338 | $245,993 | 93.10 % |
| 2021 | Individual Medicare Supplement | 0.05% | $264,746 | $264,230 | $245,338 | $245,993 | 93.10 % |
| 2021 | Total Group Accident & Health | 0.00% | $65,117 | $79,346 | $9,800 | $18,825 | 23.73 % |
| 2021 | Group Accident Only | 0.05% | $65,117 | $79,346 | $9,800 | $18,825 | 23.73 % |
| 2021 | Total Life | 0.06% | $7,055,257 | $0 | $142,347 | $0 | N/A |
| 2021 | Total Individual Life | 0.09% | $7,054,608 | $0 | $142,347 | $0 | N/A |
| 2021 | Individual Whole Life | 0.08% | $710,498 | $0 | $113,709 | $0 | N/A |
| 2021 | Individual Term Life | 0.01% | $70,923 | $0 | $400 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 0.40% | $6,273,187 | $0 | $28,238 | $0 | N/A |
| 2021 | Total Group Life | 0.00% | $649 | $0 | $0 | $0 | N/A |
| 2021 | Group Term Life | 0.00% | $649 | $0 | $0 | $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 | 0.09% | 2 | 286 |
| 2023 | Medicare Supplement Insurance | 0.03% | 0 | 0 |
| 2022 | Health | 0.00% | 0 | 0 |
| 2022 | Life and Annuities | 0.07% | 2 | 369 |
| 2022 | Medicare Supplement Insurance | 0.03% | 0 | 0 |
| 2021 | Health | 0.00% | 0 | 0 |
| 2021 | Life and Annuities | 0.04% | 0 | 0 |
| 2021 | Medicare Supplement Insurance | 0.03% | 0 | 0 |
Company Changes
Effective Date: 12/01/2002
Comments: SBLI USA Financial Services changed its name to S. USA Life Insurance Co. Inc.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.