BANKERS LIFE AND CASUALTY COMPANY

Company Details

License Status:
Active
NAIC Number:
61263
Phone Number:
3178176485
Company Address:

303 E. Wacker Drive, 5th Floor
CHICAGO, IL 60601

Description:
Life and Health
License Number:
A420662
Date Admitted:

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 0.13% $19,267,622 $20,872,309 $22,676,291 $23,909,736 114.55%
2023 Total Individual Accident & Health 0.35% $18,246,620 $19,825,945 $21,775,195 $22,985,445 115.94%
2023 Individual Medicare Supplement 0.3% $1,593,567 $1,715,354 $1,757,545 $1,720,934 100.33%
2023 Individual Long Term Care 7.72% $15,221,595 $16,747,431 $19,526,028 $20,908,670 124.85%
2023 Individual Specified Disease 1.18% $1,238,443 $1,166,434 $406,268 $481,297 41.26%
2023 Individual Accident Only 0% $2,721 $2,845 $25 $-49 -1.72%
2023 Individual Disability Income 0.03% $35,963 $39,475 $48,254 $-136,123 -344.83%
2023 Individual Limited Benefit 0.14% $154,331 $154,406 $37,075 $10,716 6.94%
2023 Total Group Accident & Health 0.01% $1,021,002 $1,046,364 $901,096 $924,291 88.33%
2023 Group Medicare Supplement 0.38% $1,021,002 $1,046,364 $901,096 $924,291 88.33%
2023 Total Life 0.4% $54,329,469 $0 $37,995,656 $0 69.97%
2023 Total Individual Life 0.54% $54,329,469 $0 $37,971,528 $0 69.92%
2023 Individual Whole Life 0.97% $8,488,222 $0 $6,568,678 $0 77.58%
2023 Individual Term Life 0.07% $412,183 $0 $57,962 $0 14.06%
2023 Individual Universal Life 0.88% $5,007,841 $0 $2,252,890 $0 44.99%
2023 Individual Ordinary Annuities 0.19% $5,051,458 $0 $8,326,917 $0 164.84%
2023 Individual Equity Indexed Annuities 1.58% $35,335,567 $0 $20,765,081 $0 58.77%
2023 Individual Deposit-Type Funds 0% $34,198 $0 $0 $0 0%
2023 Total Group Life 0% $0 $0 $24,128 $0 0%
2023 Group Ordinary Annuities 0% $0 $0 $24,128 $0 0%
2022 Total Accident & Health 0.15% $20,258,509 $21,776,981 $20,980,612 $24,282,135 111.5%
2022 Total Individual Accident & Health 0.39% $19,040,001 $20,493,163 $19,759,513 $23,157,713 113%
2022 Individual Medicare Supplement 0.36% $1,912,747 $1,946,460 $1,685,535 $1,616,411 83.04%
2022 Individual Long Term Care 7.94% $15,847,135 $17,265,754 $17,631,402 $21,174,803 122.64%
2022 Individual Specified Disease 0.92% $1,077,214 $1,069,482 $373,076 $402,541 37.64%
2022 Individual Accident Only 0.01% $3,191 $3,212 $0 $66 2.05%
2022 Individual Disability Income 0.03% $37,183 $41,668 $54,210 $-58,376 -140.1%
2022 Individual Limited Benefit 0.16% $162,531 $166,587 $15,290 $22,268 13.37%
2022 Total Group Accident & Health 0.01% $1,218,508 $1,283,818 $1,221,099 $1,124,422 87.58%
2022 Group Medicare Supplement 0.48% $1,218,499 $1,283,809 $1,221,099 $1,124,433 87.59%
2022 Group Disability Income 0% $9 $9 $0 $-11 -122.22%
2022 Total Life 0.41% $59,105,378 $0 $32,583,296 $0 55.16%
2022 Total Individual Life 0.6% $59,105,378 $0 $32,559,457 $0 55.12%
2022 Individual Whole Life 0.99% $8,530,657 $0 $7,041,567 $0 82.77%
2022 Individual Term Life 0.07% $409,980 $0 $250,000 $0 60.98%
2022 Individual Universal Life 0.65% $5,064,708 $0 $3,071,943 $0 60.65%
2022 Individual Ordinary Annuities 0.11% $2,513,692 $0 $10,156,653 $0 404.05%
2022 Individual Equity Indexed Annuities 2.2% $42,531,341 $0 $0 $0 0%
2022 Individual Deposit-Type Funds 0.01% $55,000 $0 $12,039,294 $0 21,889.6%
2022 Total Group Life 0% $0 $0 $23,839 $0 0%
2022 Group Ordinary Annuities 0% $0 $0 $23,839 $0 0%
2021 Total Accident & Health 0.17% $21,202,749 $22,581,221 $20,753,463 $19,561,289 86.63%
2021 Total Individual Accident & Health 0.44% $19,683,266 $21,017,652 $19,277,601 $18,078,858 86.02%
2021 Individual Medicare Supplement 0.37% $2,169,824 $2,209,553 $1,936,445 $1,904,977 86.22%
2021 Individual Long Term Care 7.88% $16,362,699 $17,665,723 $16,949,196 $15,838,985 89.66%
2021 Individual Specified Disease 0.92% $948,658 $937,744 $270,000 $315,086 33.6%
2021 Individual Accident Only 0.01% $3,187 $3,549 $10,300 $10,174 286.67%
2021 Individual Disability Income 0.04% $42,081 $45,690 $96,996 $-33,714 -73.79%
2021 Individual Limited Benefit 0.23% $156,817 $155,393 $14,664 $43,350 27.9%
2021 Total Group Accident & Health 0.02% $1,519,483 $1,563,569 $1,475,862 $1,482,431 94.81%
2021 Group Medicare Supplement 0.66% $1,519,421 $1,563,484 $1,475,862 $1,482,432 94.82%
2021 Group Accident Only 0% $62 $85 $0 $-1 -1.18%
2021 Total Life 0.39% $48,233,320 $0 $30,684,655 $0 63.65%
2021 Total Individual Life 0.61% $48,233,320 $0 $30,663,052 $0 63.61%
2021 Individual Whole Life 1.03% $9,036,051 $0 $5,885,338 $0 65.32%
2021 Individual Term Life 0.07% $415,706 $0 $244,353 $0 58.78%
2021 Individual Universal Life 0.58% $4,592,804 $0 $3,175,649 $0 69.14%
2021 Individual Ordinary Annuities 0.04% $648,250 $0 $8,374,845 $0 1,291.92%
2021 Individual Equity Indexed Annuities 2.46% $33,508,509 $0 $12,982,867 $0 38.74%
2021 Individual Deposit-Type Funds 0.03% $32,000 $0 $0 $0 0%
2021 Total Group Life 0% $0 $0 $21,603 $0 0%
2021 Group Ordinary Annuities 0% $0 $0 $21,603 $0 0%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2023 Health 0.19% 25 599
2023 Long-Term Care Insurance 6.53% 19 178
2023 Life and Annuities 0.5% 15 407
2023 Medicare Supplement Insurance 0.39% 0 0
2022 Health 0.25% 25 455
2022 Long-Term Care Insurance 6.67% 21 206
2022 Life and Annuities 0.48% 15 431
2022 Medicare Supplement Insurance 0.46% 0 0
2021 Health 0.26% 22 339
2021 Long-Term Care Insurance 6.76% 18 157
2021 Life and Annuities 0.44% 13 379
2021 Medicare Supplement Insurance 0.55% 0 0

Company Changes

Effective Date:
Comments:

Certified Life Insurance Co. merged with and into Bankers Life and Casualty Co.

Market Regulation Actions

Date:
Date:
Date:

Financial Exams

This company does not have any financial exams.