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Company Details
MAGNA INSURANCE COMPANY License Status :
Active
NAIC Number :
61018
Phone Number:
8168227610
Company Address:
895 PARK AVENUE
MANDEVILLE, LA 70448-4920
Description:
Life and Health
License Number:
A421144
Date Admitted:
1999-09-23
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 | 0.00% | $87,475 | $87,475 | $35,079 | $63,925 | 73.08 % |
| 2022 | Total Individual Accident & Health | 0.00% | $87,475 | $87,475 | $35,079 | $63,925 | 73.08 % |
| 2022 | Individual Limited Benefit | 0.01% | $87,475 | $87,475 | $35,079 | $63,925 | 73.08 % |
| 2021 | Total Accident & Health | 0.00% | $141,108 | $141,108 | $78,575 | $85,149 | 60.34 % |
| 2021 | Total Group Accident & Health | 0.00% | $141,108 | $141,108 | $78,575 | $85,149 | 60.34 % |
| 2021 | Group Limited Benefit | 0.02% | $141,108 | $141,108 | $78,575 | $85,149 | 60.34 % |
| 2020 | Total Accident & Health | 0.00% | $47,805 | $47,805 | $16,333 | $16,592 | 34.71 % |
| 2020 | Total Group Accident & Health | 0.00% | $47,805 | $47,805 | $16,333 | $16,592 | 34.71 % |
| 2020 | Group Limited Benefit | 0.01% | $47,805 | $47,805 | $16,333 | $16,592 | 34.71 % |
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 |
|---|---|---|---|---|
| 2022 | Health | 0.00% | 0 | 0 |
| 2021 | Health | 0.00% | 0 | 0 |
| 2020 | Health | 0.00% | 0 | 0 |
Company Changes
No recent changes
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.