Company Details
License Status:
Active
NAIC Number:
73504
Phone Number:
8777947773
Company Address:
175 KING ST.
ARMONK, NY 10504
Description:
Life and Health
License Number:
A423205
Date Admitted:
Market Share
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Accident & Health | 0.03% | $4,054,588 | $4,060,670 | $3,947,775 | $3,935,932 | 96.93% |
| 2023 | Total Individual Accident & Health | 0.08% | $4,054,588 | $4,060,670 | $3,947,775 | $3,935,932 | 96.93% |
| 2023 | Individual Medicare Supplement | 0.76% | $4,033,903 | $4,039,954 | $3,947,775 | $3,935,932 | 97.43% |
| 2023 | Individual Accident Only | 0.03% | $20,685 | $20,716 | $0 | $0 | 0% |
| 2023 | Total Life | 0.02% | $2,997,110 | $0 | $977,116 | $0 | 32.6% |
| 2023 | Total Individual Life | 0.03% | $2,997,110 | $0 | $977,116 | $0 | 32.6% |
| 2023 | Individual Whole Life | 0.02% | $215,233 | $0 | $91,631 | $0 | 42.57% |
| 2023 | Individual Term Life | 0.18% | $1,055,920 | $0 | $455,000 | $0 | 43.09% |
| 2023 | Individual Other Consideration | 1.92% | $1,725,957 | $0 | $430,485 | $0 | 24.94% |
| 2022 | Total Accident & Health | 0.04% | $5,593,545 | $5,762,751 | $5,243,686 | $5,209,929 | 90.41% |
| 2022 | Total Individual Accident & Health | 0.11% | $5,593,545 | $5,762,751 | $5,243,686 | $5,209,929 | 90.41% |
| 2022 | Individual Medicare Supplement | 1.04% | $5,575,129 | $5,744,047 | $5,143,686 | $5,104,502 | 88.87% |
| 2022 | Individual Accident Only | 0.03% | $18,416 | $18,704 | $100,000 | $105,427 | 563.66% |
| 2022 | Total Life | 0.02% | $3,050,754 | $0 | $1,750,732 | $0 | 57.39% |
| 2022 | Total Individual Life | 0.03% | $3,050,754 | $0 | $1,750,732 | $0 | 57.39% |
| 2022 | Individual Whole Life | 0.23% | $1,951,011 | $0 | $515,732 | $0 | 26.43% |
| 2022 | Individual Term Life | 0.18% | $1,099,743 | $0 | $1,235,000 | $0 | 112.3% |
| 2021 | Total Accident & Health | 0.05% | $6,468,566 | $6,596,011 | $5,265,794 | $5,412,284 | 82.05% |
| 2021 | Total Individual Accident & Health | 0.14% | $6,468,566 | $6,596,011 | $5,265,794 | $5,412,284 | 82.05% |
| 2021 | Individual Medicare Supplement | 1.11% | $6,456,150 | $6,582,806 | $5,265,794 | $5,401,207 | 82.05% |
| 2021 | Individual Accident Only | 0.02% | $12,416 | $13,205 | $0 | $11,077 | 83.88% |
| 2021 | Total Life | 0.02% | $2,806,001 | $0 | $720,684 | $0 | 25.68% |
| 2021 | Total Individual Life | 0.04% | $2,806,001 | $0 | $720,684 | $0 | 25.68% |
| 2021 | Individual Whole Life | 0.2% | $1,778,017 | $0 | $445,684 | $0 | 25.07% |
| 2021 | Individual Term Life | 0.17% | $1,027,984 | $0 | $275,000 | $0 | 26.75% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Health | 0.06% | 1 | 82 |
| 2023 | Life and Annuities | 0.03% | 5 | 2482 |
| 2023 | Medicare Supplement Insurance | 0.67% | 1 | 197 |
| 2022 | Health | 0.07% | 2 | 136 |
| 2022 | Life and Annuities | 0.03% | 5 | 2665 |
| 2022 | Medicare Supplement Insurance | 0.7% | 2 | 384 |
| 2021 | Health | 0.05% | 2 | 163 |
| 2021 | Life and Annuities | 0.02% | 5 | 2967 |
| 2021 | Medicare Supplement Insurance | 0.53% | 2 | 472 |
Company Changes
Effective Date:
Effective Date:
Comments:
Effective 3/23/17 Generation Life Insurance Company changed its name to the above.
Market Regulation Actions
This company does not have any market regulation actions.
Effective 8/2/2012 Congress Life Insurance Company changed its name to Generation Life Insurance Company.