SILAC INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
62952
Phone Number:
3172082200
Company Address:

10201 N. Illinois Street
Suite 280
Carmel, IN 46290

Description:
Life and Health
License Number:
A423269
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 0.04% $5,195,277 $5,438,998 $7,564,760 $7,543,250 138.69%
2023 Total Individual Accident & Health 0.1% $5,195,277 $5,438,998 $7,564,760 $7,543,250 138.69%
2023 Individual Medicare Supplement 0.17% $903,373 $970,968 $794,698 $794,417 81.82%
2023 Individual Long Term Care 1.93% $3,799,546 $3,959,763 $6,583,441 $6,578,354 166.13%
2023 Individual Specified Disease 0.04% $39,635 $43,028 $12,788 $12,935 30.06%
2023 Individual Limited Benefit 0.4% $452,723 $465,239 $173,833 $157,544 33.86%
2023 Total Life 0.23% $31,291,629 $0 $12,203,459 $0 39%
2023 Total Individual Life 0.31% $31,291,629 $0 $12,203,459 $0 39%
2023 Individual Whole Life 0.05% $410,480 $0 $522,169 $0 127.21%
2023 Individual Ordinary Annuities 0.01% $339,810 $0 $2,315,400 $0 681.38%
2023 Individual Equity Indexed Annuities 0.91% $20,288,097 $0 $9,365,890 $0 46.16%
2023 Individual Deposit-Type Funds 0.78% $10,253,242 $0 $0 $0 0%
2022 Total Accident & Health 0.05% $6,068,397 $6,223,327 $7,828,399 $7,934,891 127.5%
2022 Total Individual Accident & Health 0.12% $6,068,397 $6,223,327 $7,828,399 $7,934,891 127.5%
2022 Individual Medicare Supplement 0.2% $1,089,895 $1,126,148 $804,893 $772,416 68.59%
2022 Individual Long Term Care 2.21% $4,405,265 $4,515,589 $6,692,833 $6,828,640 151.22%
2022 Individual Specified Disease 0.04% $48,562 $49,514 $10,814 $11,115 22.45%
2022 Individual Limited Benefit 0.52% $524,675 $532,076 $319,859 $322,720 60.65%
2022 Total Life 0.26% $36,822,136 $0 $6,786,051 $0 18.43%
2022 Total Individual Life 0.37% $36,822,136 $0 $6,786,051 $0 18.43%
2022 Individual Whole Life 0.05% $468,894 $0 $3,268,252 $0 697.01%
2022 Individual Ordinary Annuities 1.47% $34,651,312 $0 $3,517,799 $0 10.15%
2022 Individual Deposit-Type Funds 0.17% $1,701,930 $0 $0 $0 0%
2021 Total Accident & Health 0.06% $6,895,221 $7,119,455 $8,215,223 $8,085,077 113.56%
2021 Total Individual Accident & Health 0.15% $6,895,221 $7,119,455 $8,215,223 $8,085,077 113.56%
2021 Individual Medicare Supplement 0.24% $1,370,769 $1,396,519 $860,452 $814,107 58.3%
2021 Individual Long Term Care 2.35% $4,871,946 $5,057,019 $7,148,706 $7,067,937 139.76%
2021 Individual Specified Disease 0.05% $55,609 $56,116 $6,335 $3,893 6.94%
2021 Individual Limited Benefit 0.88% $596,897 $609,801 $199,730 $199,140 32.66%
2021 Total Life 0.46% $56,565,904 $0 $4,598,778 $0 8.13%
2021 Total Individual Life 0.72% $56,565,904 $0 $4,598,778 $0 8.13%
2021 Individual Whole Life 0.06% $527,239 $0 $1,599,816 $0 303.43%
2021 Individual Ordinary Annuities 3.21% $49,930,446 $0 $2,998,962 $0 6.01%
2021 Individual Deposit-Type Funds 6.67% $6,108,219 $0 $0 $0 0%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2025 Life and Annuities 0% 1 0
2025 Long-Term Care Insurance 0% 6 0
2025 Health 0.05% 8 603
2024 Life and Annuities 0.31% 1 48
2024 Long-Term Care Insurance 0% 7 0
2024 Health 0.05% 9 869
2023 Health 0.06% 13 997
2023 Long-Term Care Insurance 1.8% 10 341
2023 Life and Annuities 0.4% 1 34
2023 Medicare Supplement Insurance 0.14% 0 0
2022 Health 0.08% 10 552
2022 Long-Term Care Insurance 2% 8 261
2022 Life and Annuities 0.39% 1 35
2022 Medicare Supplement Insurance 0.19% 0 0
2021 Long-Term Care Insurance 2.26% 7 183
2021 Life and Annuities 0.37% 2 70
2021 Medicare Supplement Insurance 0.23% 0 0
2021 Health 0.09% 9 386

Company Changes

This company does not have any company changes.

Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.