Company Details
License Status:
Active
NAIC Number:
66044
Phone Number:
5152735959
Company Address:
8300 Mills Civic Parkway
WEST DES MOINES, IA 50266
Description:
Life and Health
License Number:
A420700
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 | 0.61% | $82,652,679 | $0 | $63,550,555 | $0 | 76.9% |
| 2023 | Total Individual Life | 0.69% | $69,607,488 | $0 | $53,451,738 | $0 | 76.81% |
| 2023 | Individual Whole Life | 0.05% | $476,044 | $0 | $184,550 | $0 | 41.51% |
| 2023 | Individual Term Life | 0.45% | $2,653,041 | $0 | $1,109,837 | $0 | 41.83% |
| 2023 | Individual Universal Life | 0.59% | $3,370,951 | $0 | $8,520,960 | $0 | 252.78% |
| 2023 | Individual Ordinary Annuities | 0.42% | $11,324,491 | $0 | $22,084,649 | $0 | 195.02% |
| 2023 | Individual Variable Annuities | 0.22% | $3,237,387 | $0 | $6,644,509 | $0 | 205.24% |
| 2023 | Individual Equity Indexed Annuities | 2.1% | $47,058,542 | $0 | $14,724,864 | $0 | 31.29% |
| 2023 | Individual Deposit-Type Funds | 0.11% | $1,487,032 | $0 | $0 | $0 | 0% |
| 2023 | Individual Other Consideration | 0% | $0 | $0 | $182,369 | $0 | 0% |
| 2023 | Total Group Life | 0.37% | $13,045,191 | $0 | $10,098,817 | $0 | 77.41% |
| 2023 | Group Term Life | 0% | $286 | $0 | $0 | $0 | 0% |
| 2023 | Group Universal Life | 0% | $40 | $0 | $134,542 | $0 | 336,355% |
| 2023 | Group Ordinary Annuities | 0% | $20,800 | $0 | $933,380 | $0 | 4,487.4% |
| 2023 | Group Variable Annuities | 0% | $0 | $0 | $186,276 | $0 | 0% |
| 2023 | Group Equity Indexed Annuities | 12.24% | $175,948 | $0 | $6,967,000 | $0 | 3,959.69% |
| 2023 | Group Other Considerations | 1.45% | $12,848,117 | $0 | $1,877,619 | $0 | 14.61% |
| 2022 | Total Life | 0.55% | $79,108,985 | $0 | $45,385,326 | $0 | 57.39% |
| 2022 | Total Individual Life | 0.77% | $75,608,802 | $0 | $38,238,301 | $0 | 50.59% |
| 2022 | Individual Whole Life | 3.27% | $28,331,434 | $0 | $9,083,000 | $0 | 32.11% |
| 2022 | Individual Ordinary Annuities | 0.64% | $15,017,517 | $0 | $9,261,096 | $0 | 61.67% |
| 2022 | Individual Variable Annuities | 0.18% | $3,640,610 | $0 | $2,245,114 | $0 | 61.67% |
| 2022 | Individual Equity Indexed Annuities | 1.48% | $28,619,241 | $0 | $17,649,091 | $0 | 61.67% |
| 2022 | Total Group Life | 0.08% | $3,500,183 | $0 | $7,147,025 | $0 | 204.19% |
| 2022 | Group Whole Life | 0.01% | $3,974 | $0 | $0 | $0 | 0% |
| 2022 | Group Ordinary Annuities | 0.04% | $613,633 | $0 | $1,254,401 | $0 | 204.42% |
| 2022 | Group Variable Annuities | 0.03% | $116,740 | $0 | $238,642 | $0 | 204.42% |
| 2022 | Group Equity Indexed Annuities | 94.99% | $2,765,836 | $0 | $5,653,982 | $0 | 204.42% |
| 2021 | Total Life | 0.8% | $98,498,230 | $0 | $69,150,002 | $0 | 70.22% |
| 2021 | Total Individual Life | 1.19% | $93,402,655 | $0 | $61,082,709 | $0 | 65.41% |
| 2021 | Individual Whole Life | 4.84% | $42,620,428 | $0 | $17,697,200 | $0 | 41.55% |
| 2021 | Individual Ordinary Annuities | 1.04% | $16,192,250 | $0 | $13,861,694 | $0 | 85.61% |
| 2021 | Individual Variable Annuities | 0.18% | $4,038,757 | $0 | $3,457,457 | $0 | 85.61% |
| 2021 | Individual Equity Indexed Annuities | 2.23% | $30,448,875 | $0 | $26,066,358 | $0 | 85.61% |
| 2021 | Individual Deposit-Type Funds | 0.11% | $102,345 | $0 | $0 | $0 | 0% |
| 2021 | Total Group Life | 0.12% | $5,095,575 | $0 | $8,067,293 | $0 | 158.32% |
| 2021 | Group Whole Life | 0.01% | $3,500 | $0 | $0 | $0 | 0% |
| 2021 | Group Ordinary Annuities | 0.05% | $665,441 | $0 | $1,054,249 | $0 | 158.43% |
| 2021 | Group Variable Annuities | 0.03% | $177,727 | $0 | $281,569 | $0 | 158.43% |
| 2021 | Group Equity Indexed Annuities | 95.84% | $4,248,907 | $0 | $6,731,475 | $0 | 158.43% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Life and Annuities | 0.82% | 6 | 98 |
| 2022 | Life and Annuities | 0.77% | 7 | 125 |
| 2021 | Life and Annuities | 0.69% | 9 | 167 |
Company Changes
Effective Date:
Financial Exams
This company does not have any financial exams.
Clarica Life Insurance Co. merged with and into Midland National Life Insurance Co.