Company Details
License Status:
Active
NAIC Number:
63274
Phone Number:
5152598273
Company Address:
801 Grand Avenue
Suite 2600
Des Moines, IA 50309
Description:
Life and Health
License Number:
A424122
Date Admitted:
Market Share
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Life | 2.1% | $284,467,152 | $0 | $103,689,966 | $0 | 36.45% |
| 2023 | Total Individual Life | 1.23% | $122,991,809 | $0 | $96,575,080 | $0 | 78.52% |
| 2023 | Individual Whole Life | 0% | $18,418 | $0 | $156,627 | $0 | 864.82% |
| 2023 | Individual Term Life | 0.26% | $1,563,647 | $0 | $3,140,667 | $0 | 200.86% |
| 2023 | Individual Universal Life | 0.06% | $363,880 | $0 | $554,355 | $0 | 152.35% |
| 2023 | Individual Graded Death Benefits | 0% | $0 | $0 | $0 | $0 | 0% |
| 2023 | Individual Ordinary Annuities | 1.59% | $42,444,182 | $0 | $34,373,956 | $0 | 80.99% |
| 2023 | Individual Equity Indexed Annuities | 3.3% | $73,997,590 | $0 | $54,412,905 | $0 | 73.53% |
| 2023 | Individual Deposit-Type Funds | 0% | $0 | $0 | $0 | $0 | 0% |
| 2023 | Individual Other Consideration | 5.12% | $4,604,092 | $0 | $3,936,570 | $0 | 85.5% |
| 2023 | Total Group Life | 4.59% | $161,475,343 | $0 | $7,114,886 | $0 | 4.41% |
| 2023 | Group Ordinary Annuities | 13.01% | $161,307,302 | $0 | $7,114,886 | $0 | 4.41% |
| 2023 | Group Deposit-Type Funds | 0.14% | $168,041 | $0 | $0 | $0 | 0% |
| 2022 | Total Life | 0.92% | $131,767,424 | $0 | $78,310,234 | $0 | 59.43% |
| 2022 | Total Individual Life | 1.2% | $118,582,157 | $0 | $78,259,981 | $0 | 66% |
| 2022 | Individual Whole Life | 0% | $21,022 | $0 | $47,910 | $0 | 244.49% |
| 2022 | Individual Term Life | 0.28% | $1,766,471 | $0 | $3,202,079 | $0 | 181.27% |
| 2022 | Individual Universal Life | 0.45% | $3,537,157 | $0 | $2,628,223 | $0 | 74.3% |
| 2022 | Individual Graded Death Benefits | 0% | $0 | $0 | $0 | $0 | 0% |
| 2022 | Individual Ordinary Annuities | 0% | $0 | $0 | $3,402,524 | $0 | 0% |
| 2022 | Individual Equity Indexed Annuities | 5.86% | $113,257,507 | $0 | $68,979,245 | $0 | 60.9% |
| 2022 | Individual Deposit-Type Funds | 0% | $0 | $0 | $0 | $0 | 0% |
| 2022 | Total Group Life | 0.29% | $13,185,267 | $0 | $50,253 | $0 | 0.38% |
| 2022 | Group Ordinary Annuities | 0.82% | $13,172,246 | $0 | $50,253 | $0 | 0.38% |
| 2022 | Group Deposit-Type Funds | 0% | $13,021 | $0 | $0 | $0 | 0% |
| 2021 | Total Life | 1.09% | $134,223,417 | $0 | $61,265,183 | $0 | 45.65% |
| 2021 | Total Individual Life | 1.34% | $105,461,782 | $0 | $61,189,956 | $0 | 58.02% |
| 2021 | Individual Whole Life | 0% | $22,669 | $0 | $25,811 | $0 | 130.32% |
| 2021 | Individual Term Life | 0.32% | $1,971,554 | $0 | $4,294,840 | $0 | 217.84% |
| 2021 | Individual Universal Life | 0.29% | $2,324,426 | $0 | $1,999,236 | $0 | 86.01% |
| 2021 | Individual Graded Death Benefits | 0% | $0 | $0 | $0 | $0 | 0% |
| 2021 | Individual Ordinary Annuities | 0% | $0 | $0 | $1,004,053 | $0 | 0% |
| 2021 | Individual Equity Indexed Annuities | 7.42% | $101,143,133 | $0 | $53,866,016 | $0 | 53.26% |
| 2021 | Individual Deposit-Type Funds | 0% | $0 | $0 | $0 | $0 | 0% |
| 2021 | Total Group Life | 0.65% | $28,761,635 | $0 | $75,227 | $0 | 0.26% |
| 2021 | Group Ordinary Annuities | 2.14% | $28,754,294 | $0 | $54,853 | $0 | 0.19% |
| 2021 | Group Equity Indexed Annuities | 0% | $0 | $0 | $20,374 | $0 | 0% |
| 2021 | Group Deposit-Type Funds | 0% | $7,341 | $0 | $0 | $0 | 0% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Life and Annuities | 1.23% | 7 | 77 |
| 2022 | Life and Annuities | 1.15% | 5 | 60 |
| 2021 | Life and Annuities | 1.03% | 3 | 37 |
Company Changes
Effective Date:
Effective Date:
Comments:
Americom Life & Annuity Insurance Company merged with and into OM Financial Life Insurance Company.
Effective Date:
Comments:
Effective 6/16/2011 OM Financial Life Insurance Company changed its name to the above
Effective Date:
Comments:
Effective 04/25/14 Fidelity & Guaranty Life Insurance Company redomesticated to Iowa.
Financial Exams
This company does not have any financial exams.
Fidelity and Guaranty Life Insurance Company changed its name to OM Financial Life Insurance Company.