Company Details
Company Name:
WILLIAM PENN LIFE INSURANCE COMPANY OF NEW YORKLicense Status:
ActiveNAIC Number:
66230Company Address:
3275 Bennett Creek Avenue Frederick, MD 21704
Phone Number:
3018104800Mailing Address:
3275 Bennett Creek Avenue Frederick, MD 21704
Description:
Life and Health (Ch 376 & 377, RSMo)License Number:
A432471Date Admitted:
2021-12-21Market Share
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Dividends Paid | Direct Losses Paid | Direct Losses Incurred | In Force | Loss Ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | Total Life & Annuities | 0% | $68,972 | $0 | $0 | $373,627 | $0 | $36 | 0% |
| 2025 | Total Individual Life | 0% | $68,972 | $0 | $0 | $361,741 | $0 | $36 | 0% |
| 2025 | Individual Term Life | 0.01% | $50,914 | $0 | $0 | $0 | $0 | $35 | 0% |
| 2025 | Individual Universal Life | 0% | $296 | $0 | $0 | $361,741 | $0 | $1 | 0% |
| 2025 | Individual Universal Life With Secondary Guarantees | 0.01% | $17,762 | $0 | $0 | $0 | $0 | $0 | 0% |
| 2025 | Total Individual Life & Annuities | 0% | $68,972 | $0 | $0 | $361,741 | $0 | $36 | 0% |
| 2025 | Total Group Annuities | 0% | $0 | $0 | $0 | $11,886 | $0 | $0 | 0% |
| 2025 | Group Fixed Annuities | 0% | $0 | $0 | $0 | $1,743 | $0 | $0 | 0% |
| 2025 | Group Life Contingencies | 0% | $0 | $0 | $0 | $10,143 | $0 | $0 | 0% |
| 2025 | Total Group Life & Annuities | 0% | $0 | $0 | $0 | $11,886 | $0 | $0 | 0% |
| 2024 | Total Accident & Health | 0% | $1,753 | $1,753 | $0 | $0 | $0 | $0 | 0% |
| 2024 | Total Individual Accident & Health | 0% | $1,753 | $1,753 | $0 | $0 | $0 | $0 | 0% |
| 2024 | Individual Accident Only | 0% | $1,753 | $1,753 | $0 | $0 | $0 | $0 | 0% |
| 2024 | Total Life & Annuities | 0% | $76,887 | $0 | $0 | $8,821 | $0 | $40,587 | 0% |
| 2024 | Total Individual Life | 0% | $76,887 | $0 | $0 | $8,821 | $0 | $40,587 | 0% |
| 2024 | Individual Term Life | 0.01% | $54,818 | $0 | $0 | $0 | $0 | $38,725 | 0% |
| 2024 | Individual Universal Life | 0.01% | $22,069 | $0 | $0 | $0 | $0 | $1,862 | 0% |
| 2024 | Other Individual Life | 0% | $0 | $0 | $0 | $8,821 | $0 | $0 | 0% |
| 2024 | Total Individual Life & Annuities | 0% | $76,887 | $0 | $0 | $8,821 | $0 | $40,587 | 0% |
| 2023 | Total Life | 0% | $82,031 | $0 | $0 | $123,947 | $0 | $40,188 | 0% |
| 2023 | Total Individual Life | 0% | $82,031 | $0 | $0 | $123,947 | $0 | $40,188 | 0% |
| 2023 | Individual Term Life | 0.01% | $57,396 | $0 | $0 | $0 | $0 | $38,325 | 0% |
| 2023 | Individual Universal Life | 0% | $24,635 | $0 | $0 | $100,000 | $0 | $1,863 | 0% |
| 2023 | Individual Ordinary Annuities | 0% | $0 | $0 | $0 | $23,947 | $0 | $0 | 0% |
| 2022 | Total Life | 0% | $79,111 | $0 | $0 | $176,414 | $0 | $46,114 | 0% |
| 2022 | Total Individual Life | 0% | $79,111 | $0 | $0 | $176,414 | $0 | $46,114 | 0% |
| 2022 | Individual Term Life | 0.01% | $54,523 | $0 | $0 | $0 | $0 | $44,150 | 0% |
| 2022 | Individual Universal Life | 0% | $24,588 | $0 | $0 | $0 | $0 | $1,964 | 0% |
| 2022 | Individual Variable Life | 0% | $0 | $0 | $0 | $176,414 | $0 | $0 | 0% |
| 2022 | Individual Ordinary Annuities | 0% | $0 | $0 | $0 | $0 | $0 | $0 | 0% |
| 2021 | Total Life | 0% | $74,994 | $0 | $0 | $132,144 | $0 | $43,965 | 0% |
| 2021 | Total Individual Life | 0% | $74,994 | $0 | $0 | $132,144 | $0 | $43,965 | 0% |
| 2021 | Individual Term Life | 0.01% | $53,227 | $0 | $0 | $0 | $0 | $42,000 | 0% |
| 2021 | Individual Universal Life | 0% | $21,767 | $0 | $0 | $120,000 | $0 | $1,965 | 0% |
| 2021 | Individual Variable Life | 0% | $0 | $0 | $0 | $12,144 | $0 | $0 | 0% |
| 2021 | Individual Ordinary Annuities | 0% | $0 | $0 | $0 | $0 | $0 | $0 | 0% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2024 | Life and Annuities | 0% | 0 | 0 |
| 2023 | Life and Annuities | 0% | 0 | 0 |
| 2022 | Life and Annuities | 0% | 0 | 0 |
| 2021 | Life and Annuities | 0% | 0 | 0 |
Company Changes
Date:
2021-12-21Comments:
Effective 12/21/2021 the above company was admitted as a Life and Health insurer.Market Regulation Actions
Date:
2024-08-20Financial Exams
This company does not have any financial exams.