Company Details
License Status:
Active
NAIC Number:
56014
Phone Number:
9206283315
Company Address:
600 Portland Avenue S
Minneapolis, MN 55415-4402
Description:
Fraternal Benefit
License Number:
M424165
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 | 0.07% | $10,201,374 | $10,338,144 | $11,280,234 | $13,519,516 | 130.77% |
| 2023 | Total Individual Accident & Health | 0.2% | $10,201,374 | $10,338,144 | $11,280,234 | $13,519,516 | 130.77% |
| 2023 | Individual Medicare Supplement | 0.46% | $2,438,854 | $2,538,638 | $417,824 | $2,117,798 | 83.42% |
| 2023 | Individual Long Term Care | 3.59% | $7,078,715 | $7,121,484 | $10,440,641 | $11,405,770 | 160.16% |
| 2023 | Individual Disability Income | 0.6% | $681,253 | $672,297 | $421,469 | $-5,542 | -0.82% |
| 2023 | Individual Limited Benefit | 0% | $2,552 | $5,725 | $300 | $1,490 | 26.03% |
| 2023 | Total Life | 1.22% | $165,286,085 | $0 | $185,529,135 | $0 | 117.74% |
| 2023 | Total Individual Life | 1.65% | $165,286,085 | $0 | $185,529,135 | $0 | 117.74% |
| 2023 | Individual Whole Life | 1.61% | $14,095,325 | $0 | $16,284,906 | $0 | 164.99% |
| 2023 | Individual Term Life | 1.03% | $6,081,745 | $0 | $3,229,471 | $0 | 53.72% |
| 2023 | Individual Universal Life | 4.83% | $27,584,537 | $0 | $33,986,374 | $0 | 130.19% |
| 2023 | Individual Variable Life | 1.13% | $1,156,941 | $0 | $1,689,266 | $0 | 157.33% |
| 2023 | Individual Ordinary Annuities | 2.51% | $67,252,483 | $0 | $33,305,379 | $0 | 49.54% |
| 2023 | Individual Variable Annuities | 3.24% | $48,417,396 | $0 | $97,033,739 | $0 | 200.41% |
| 2023 | Individual Deposit-Type Funds | 0.05% | $697,658 | $0 | $0 | $0 | 0% |
| 2022 | Total Accident & Health | 0.08% | $10,413,126 | $10,478,539 | $12,444,227 | $13,400,832 | 127.89% |
| 2022 | Total Individual Accident & Health | 0.21% | $10,413,126 | $10,478,539 | $12,444,227 | $13,400,832 | 127.89% |
| 2022 | Individual Comprehensive Medical Expense | 0% | $10,172 | $11,206 | $0 | $-30,525 | -272.4% |
| 2022 | Individual Medicare Supplement | 0.48% | $2,573,919 | $2,682,937 | $1,896,813 | $1,883,761 | 70.21% |
| 2022 | Individual Long Term Care | 3.58% | $7,147,537 | $7,090,148 | $10,129,947 | $11,464,301 | 161.69% |
| 2022 | Individual Disability Income | 0.61% | $675,877 | $688,396 | $415,889 | $81,717 | 11.87% |
| 2022 | Individual Limited Benefit | 0.01% | $5,621 | $5,852 | $1,578 | $1,578 | 26.97% |
| 2022 | Total Life | 1.01% | $144,742,432 | $0 | $169,646,065 | $0 | 121.07% |
| 2022 | Total Individual Life | 1.47% | $144,742,432 | $0 | $169,646,065 | $0 | 121.07% |
| 2022 | Individual Whole Life | 1.51% | $13,090,033 | $0 | $18,295,813 | $0 | 182.09% |
| 2022 | Individual Term Life | 0.93% | $5,790,530 | $0 | $3,473,035 | $0 | 60.62% |
| 2022 | Individual Universal Life | 2.78% | $21,740,168 | $0 | $29,328,393 | $0 | 134.9% |
| 2022 | Individual Variable Life | 3.62% | $7,949,615 | $0 | $1,891,186 | $0 | 23.79% |
| 2022 | Individual Ordinary Annuities | 1.4% | $32,836,793 | $0 | $33,695,153 | $0 | 102.67% |
| 2022 | Individual Variable Annuities | 3.21% | $63,205,293 | $0 | $82,962,485 | $0 | 131.26% |
| 2022 | Individual Deposit-Type Funds | 0.01% | $130,000 | $0 | $0 | $0 | 0% |
| 2021 | Total Accident & Health | 0.09% | $10,628,008 | $10,628,666 | $12,441,572 | $6,805,959 | 64.03% |
| 2021 | Total Individual Accident & Health | 0.24% | $10,628,008 | $10,628,666 | $12,441,572 | $6,805,959 | 64.03% |
| 2021 | Individual Comprehensive Medical Expense | 0% | $11,972 | $11,952 | $14,593 | $-223,944 | -1,873.69% |
| 2021 | Individual Medicare Supplement | 0.48% | $2,793,385 | $2,795,869 | $2,055,537 | $2,065,671 | 73.88% |
| 2021 | Individual Long Term Care | 3.42% | $7,100,001 | $7,097,643 | $9,874,432 | $4,487,945 | 63.23% |
| 2021 | Individual Disability Income | 0.64% | $716,053 | $716,537 | $493,553 | $472,830 | 65.99% |
| 2021 | Individual Limited Benefit | 0.01% | $6,597 | $6,665 | $3,457 | $3,457 | 51.87% |
| 2021 | Total Life | 1.15% | $141,178,948 | $0 | $182,962,096 | $0 | 133.47% |
| 2021 | Total Individual Life | 1.8% | $141,178,948 | $0 | $182,962,096 | $0 | 133.47% |
| 2021 | Individual Whole Life | 1.8% | $15,864,052 | $0 | $17,701,376 | $0 | 145.67% |
| 2021 | Individual Term Life | 0.92% | $5,574,220 | $0 | $4,211,227 | $0 | 76.29% |
| 2021 | Individual Universal Life | 3.11% | $24,791,016 | $0 | $34,773,606 | $0 | 140.27% |
| 2021 | Individual Variable Life | 2.69% | $6,366,439 | $0 | $1,806,143 | $0 | 28.37% |
| 2021 | Individual Ordinary Annuities | 0.35% | $5,417,296 | $0 | $28,471,353 | $0 | 526.02% |
| 2021 | Individual Variable Annuities | 3.68% | $83,106,925 | $0 | $95,998,391 | $0 | 115.51% |
| 2021 | Individual Deposit-Type Funds | 0.06% | $59,000 | $0 | $0 | $0 | 0% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Health | 0.1% | 3 | 142 |
| 2023 | Long-Term Care Insurance | 2.94% | 3 | 63 |
| 2023 | Medicare Supplement Insurance | 0.32% | 0 | 0 |
| 2022 | Health | 0.13% | 2 | 72 |
| 2022 | Long-Term Care Insurance | 2.95% | 2 | 44 |
| 2022 | Life and Annuities | 0.39% | 1 | 35 |
| 2022 | Medicare Supplement Insurance | 0.35% | 0 | 0 |
| 2021 | Health | 0.13% | 2 | 62 |
| 2021 | Long-Term Care Insurance | 2.94% | 2 | 40 |
| 2021 | Life and Annuities | 0.86% | 2 | 30 |
| 2021 | Medicare Supplement Insurance | 0.37% | 0 | 0 |
Company Changes
Effective Date:
Effective Date:
Comments:
Aid Association for Lutherans changed its name to Thrivent Financial for Lutherans.
Market Regulation Actions
This company does not have any market regulation actions.
Financial Exams
This company does not have any financial exams.
Lutheran Brotherhood, Appleton, WI, merged with Aid Association for Lutherans.