Supplemental Data Reports
MAGNA INSURANCE COMPANY
2003 Supplemental Data for
Life
Group Credit Life
| Market_Share | Number of Insureds | Direct Premium and Annuities | Dividends Paid | Direct Claims and Benefits Paid | Life Insurance in Force | Benefits Ratio | |
|---|---|---|---|---|---|---|---|
| Company Total | 0.08% | 99 | $25,561 | $0 | $0 | $5,731 | 0.00% |
| Missouri Total | 100.00% | 492,360 | $31,327,282 | $11,355 | $22,656,984 | $3,288,536 | 72.32% |
MAGNA INSURANCE COMPANY
2003 Supplemental Data for
Accident & Health
Group Long Term Credit Disability
| Market_Share | Number of Insureds | Direct Premium Written | Direct Premium Earned | Dividends Paid | Direct Losses Paid | Direct Losses Incurred | Loss Ratio | |
|---|---|---|---|---|---|---|---|---|
| Company Total | 0.43% | 34 | $4,221.00 | $4,118.00 | $0.00 | $3,654.00 | $5,009.00 | 121.64% |
| Missouri Total | 100.00% | 11,127 | $973,610 | $3,459,215 | $0 | $1,124,120 | $1,041,984 | 30.12% |
MAGNA INSURANCE COMPANY
2003 Supplemental Data for
Accident & Health
Group Short Term Credit Disability
| Market_Share | Number of Insureds | Direct Premium Written | Direct Premium Earned | Dividends Paid | Direct Losses Paid | Direct Losses Incurred | Loss Ratio | |
|---|---|---|---|---|---|---|---|---|
| Company Total | -0.06% | 394 | $-17,910.00 | $135,667.00 | $0.00 | $18,919.00 | $23,256.00 | 17.14% |
| Missouri Total | 100.00% | 303,968 | $29,986,007 | $35,416,213 | $0 | $16,617,563 | $14,050,157 | 39.67% |
MAGNA INSURANCE COMPANY
2003 Supplemental Data for
Life
Individual Credit Life
| Market_Share | Number of Insureds | Direct Premium and Annuities | Dividends Paid | Direct Claims and Benefits Paid | Life Insurance in Force | Benefits Ratio | |
|---|---|---|---|---|---|---|---|
| Company Total | 0.31% | 827 | $11,001 | $0 | $129,765 | $5,030 | 1,179.57% |
| Missouri Total | 100.00% | 56,736 | $3,536,919 | $0 | $2,241,861 | $371,158 | 63.38% |
MAGNA INSURANCE COMPANY
2003 Supplemental Data for
Accident & Health
Total Accident & Health
| Market_Share | Number of Insureds | Direct Premium Written | Direct Premium Earned | Dividends Paid | Direct Losses Paid | Direct Losses Incurred | Loss Ratio | |
|---|---|---|---|---|---|---|---|---|
| Company Total | 0.00% | 428 | $-13,689.00 | $139,785.00 | $0.00 | $22,573.00 | $28,265.00 | 20.22% |
| Missouri Total | 100.00% | 10,342,971 | $3,852,900,654 | $3,820,337,190 | $1,631,763 | $2,664,219,455 | $2,730,742,332 | 71.48% |
MAGNA INSURANCE COMPANY
2003 Supplemental Data for
Accident & Health
Total Group Accident & Health
| Market_Share | Number of Insureds | Direct Premium Written | Direct Premium Earned | Dividends Paid | Direct Losses Paid | Direct Losses Incurred | Loss Ratio | |
|---|---|---|---|---|---|---|---|---|
| Company Total | 0.00% | 428 | $-13,689.00 | $139,785.00 | $0.00 | $22,573.00 | $28,265.00 | 20.22% |
| Missouri Total | 100.00% | 8,540,410 | $2,878,594,040 | $2,850,934,447 | $443,521 | $2,086,264,285 | $2,118,878,045 | 74.32% |
MAGNA INSURANCE COMPANY
2003 Supplemental Data for
Life
Total Group Life
| Market_Share | Number of Insureds | Direct Premium and Annuities | Dividends Paid | Direct Claims and Benefits Paid | Life Insurance in Force | Benefits Ratio | |
|---|---|---|---|---|---|---|---|
| Company Total | 0.00% | 99 | $25,561 | $0 | $0 | $5,731 | 0.00% |
| Missouri Total | 100.00% | 4,461,154 | $3,210,980,742 | $9,512,580 | $2,151,672,191 | $158,266,535 | 67.01% |
MAGNA INSURANCE COMPANY
2003 Supplemental Data for
Life
Total Individual Life
| Market_Share | Number of Insureds | Direct Premium and Annuities | Dividends Paid | Direct Claims and Benefits Paid | Life Insurance in Force | Benefits Ratio | |
|---|---|---|---|---|---|---|---|
| Company Total | 0.00% | 827 | $11,001 | $0 | $129,765 | $5,030 | 1,179.57% |
| Missouri Total | 100.00% | 4,330,504 | $4,930,506,696 | $404,183,765 | $3,349,037,869 | $235,658,520 | 67.92% |
MAGNA INSURANCE COMPANY
2003 Supplemental Data for
Life
Total Life
| Market_Share | Number of Insureds | Direct Premium and Annuities | Dividends Paid | Direct Claims and Benefits Paid | Life Insurance in Force | Benefits Ratio | |
|---|---|---|---|---|---|---|---|
| Company Total | 0.00% | 926 | $36,562 | $0 | $129,765 | $10,761 | 354.92% |
| Missouri Total | 100.00% | 8,791,658 | $8,141,487,438 | $413,696,345 | $5,500,710,060 | $393,925,055 | 67.56% |
Additional data is available for this company for the following year(s):
MAGNA INSURANCE COMPANY License Status :
Active
NAIC Number :
61018
Phone Number:
8168227610
Company Address:
895 PARK AVENUE
MANDEVILLE, MS 70448-4920
Description:
Life and Health
License Number:
A421144
Date Admitted:
1999-09-23
| Line | Authorized Date |
|---|---|
| Life, annuities and endowments | 1999-09-23 |
| Accident and Health | 1999-09-23 |