Company Details
License Status:
Active
NAIC Number:
91596
Phone Number:
2125767000
Company Address:
51 MADISON AVENUE
NEW YORK, NY 10010
Description:
Life and Health
License Number:
A417995
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 | 2.07% | $280,427,030 | $0 | $462,412,859 | $0 | 164.9% |
| 2023 | Total Individual Life | 2.79% | $280,397,280 | $0 | $460,435,665 | $0 | 164.21% |
| 2023 | Individual Universal Life | 2.38% | $13,628,257 | $0 | $56,790,112 | $0 | 416.71% |
| 2023 | Individual Variable Life | 0.01% | $11,705 | $0 | $0 | $0 | 0% |
| 2023 | Individual Ordinary Annuities | 8.59% | $229,957,444 | $0 | $321,747,443 | $0 | 139.92% |
| 2023 | Individual Variable Annuities | 1.55% | $23,236,127 | $0 | $81,898,110 | $0 | 352.46% |
| 2023 | Individual Deposit-Type Funds | 1.03% | $13,563,747 | $0 | $0 | $0 | 0% |
| 2023 | Total Group Life | 0% | $29,750 | $0 | $1,977,194 | $0 | 6,646.03% |
| 2023 | Group Universal Life | 0.06% | $29,750 | $0 | $907,822 | $0 | 3,051.5% |
| 2023 | Group Ordinary Annuities | 0% | $0 | $0 | $1,069,372 | $0 | 0% |
| 2022 | Total Life | 3.57% | $512,739,047 | $0 | $304,517,434 | $0 | 59.39% |
| 2022 | Total Individual Life | 5.2% | $512,700,434 | $0 | $303,267,503 | $0 | 59.15% |
| 2022 | Individual Term Life | 0% | $0 | $0 | $0 | $0 | 0% |
| 2022 | Individual Universal Life | 2.7% | $21,115,769 | $0 | $20,119,222 | $0 | 95.28% |
| 2022 | Individual Variable Life | 0.01% | $11,830 | $0 | $6,305,460 | $0 | 53,300.6% |
| 2022 | Individual Ordinary Annuities | 18.26% | $429,461,055 | $0 | $218,561,025 | $0 | 50.89% |
| 2022 | Individual Variable Annuities | 2.79% | $54,975,177 | $0 | $58,281,796 | $0 | 106.01% |
| 2022 | Individual Deposit-Type Funds | 0.71% | $7,136,603 | $0 | $0 | $0 | 0% |
| 2022 | Total Group Life | 0% | $38,613 | $0 | $1,249,931 | $0 | 3,237.07% |
| 2022 | Group Universal Life | 0.03% | $37,613 | $0 | $78,353 | $0 | 208.31% |
| 2022 | Group Ordinary Annuities | 0% | $1,000 | $0 | $1,171,578 | $0 | 117,158% |
| 2021 | Total Life | 3.62% | $443,928,798 | $0 | $306,460,404 | $0 | 69.03% |
| 2021 | Total Individual Life | 5.65% | $443,790,546 | $0 | $304,720,792 | $0 | 68.66% |
| 2021 | Individual Term Life | 0% | $0 | $0 | $0 | $0 | 0% |
| 2021 | Individual Universal Life | 9.53% | $75,839,087 | $0 | $19,227,369 | $0 | 25.35% |
| 2021 | Individual Variable Life | 0.01% | $12,045 | $0 | $3,173,344 | $0 | 26,345.7% |
| 2021 | Individual Ordinary Annuities | 18.62% | $289,861,981 | $0 | $214,793,811 | $0 | 74.1% |
| 2021 | Individual Variable Annuities | 3.24% | $73,264,036 | $0 | $67,526,268 | $0 | 92.17% |
| 2021 | Individual Deposit-Type Funds | 5.25% | $4,813,397 | $0 | $0 | $0 | 0% |
| 2021 | Total Group Life | 0% | $138,252 | $0 | $1,739,612 | $0 | 1,258.29% |
| 2021 | Group Universal Life | 0.27% | $98,052 | $0 | $227,023 | $0 | 231.53% |
| 2021 | Group Ordinary Annuities | 0% | $40,200 | $0 | $1,512,589 | $0 | 3,762.66% |
| 2021 | Group Other Considerations | 0% | $0 | $0 | $0 | $0 | 0% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Life and Annuities | 4.37% | 2 | 6 |
| 2022 | Life and Annuities | 4.13% | 2 | 7 |
| 2021 | Life and Annuities | 3.38% | 3 | 11 |
Company Changes
Effective Date:
Market Regulation Actions
This company does not have any market regulation actions.
Financial Exams
This company does not have any financial exams.
Effective 03/06/2023 the above company was issued a new Certificate of Authority adding A2 –Accident and Health lines of business in addition to their previous A1 – Life, Annuities and Endowments and A3 – Variable Contracts authorities.