MassMutual Ascend Life Insurance Company

Company Details

License Status:
Active
NAIC Number:
63312
Phone Number:
5133612977
Company Address:

PO Box 5420
Cincinnati, OH 45201

Description:
Life and Health
License Number:
A424127
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% $166,178 $179,747 $97,067 $87,314 48.58%
2023 Total Individual Accident & Health 0% $166,178 $179,747 $97,067 $87,314 48.58%
2023 Individual Medicare Supplement 0.01% $63,085 $62,439 $31,872 $29,817 47.75%
2023 Individual Long Term Care 0.05% $103,052 $117,267 $65,195 $57,504 49.04%
2023 Individual Limited Benefit 0% $41 $41 $0 $-7 -17.07%
2023 Total Life 3.53% $478,020,727 $0 $343,175,234 $0 71.79%
2023 Total Individual Life 4.76% $478,018,927 $0 $341,889,228 $0 71.52%
2023 Individual Whole Life 0.01% $48,823 $0 $10,000 $0 20.48%
2023 Individual Term Life 0.03% $187,495 $0 $447,300 $0 238.57%
2023 Individual Universal Life 0.01% $49,894 $0 $15,024 $0 30.11%
2023 Individual Ordinary Annuities 10.2% $272,949,735 $0 $45,323,235 $0 16.6%
2023 Individual Equity Indexed Annuities 9.13% $204,449,091 $0 $293,812,898 $0 143.71%
2023 Individual Deposit-Type Funds 0.03% $333,889 $0 $2,280,771 $0 683.09%
2023 Total Group Life 0% $1,800 $0 $1,286,006 $0 71,444.8%
2023 Group Whole Life 0% $0 $0 $863 $0 0%
2023 Group Ordinary Annuities 0% $1,800 $0 $1,285,143 $0 71,396.8%
2023 Group Deposit-Type Funds 0% $0 $0 $0 $0 0%
2022 Total Accident & Health 0% $176,184 $168,636 $122,293 $266,962 158.31%
2022 Total Individual Accident & Health 0% $174,864 $167,316 $122,293 $266,813 159.47%
2022 Individual Medicare Supplement 0.01% $64,023 $64,158 $41,909 $41,399 64.53%
2022 Individual Long Term Care 0.06% $110,800 $103,117 $80,384 $225,413 218.6%
2022 Individual Limited Benefit 0% $41 $41 $0 $1 2.44%
2022 Total Group Accident & Health 0% $1,320 $1,320 $0 $149 11.29%
2022 Group Long Term Care 0% $0 $0 $0 $0 0%
2022 Group Specified Disease 0% $1,320 $1,320 $0 $149 11.29%
2022 Total Life 2.1% $300,714,437 $0 $262,387,287 $0 87.25%
2022 Total Individual Life 3.05% $300,720,407 $0 $260,958,725 $0 86.78%
2022 Individual Whole Life 0% $42,231 $0 $10,621 $0 25.15%
2022 Individual Term Life 0.03% $216,023 $0 $428,400 $0 198.31%
2022 Individual Universal Life 0.01% $53,617 $0 $108,631 $0 202.61%
2022 Individual Ordinary Annuities 2.84% $66,670,988 $0 $21,363,318 $0 32.04%
2022 Individual Equity Indexed Annuities 12.08% $233,737,548 $0 $237,245,482 $0 101.5%
2022 Individual Deposit-Type Funds 0% $0 $0 $1,802,273 $0 0%
2022 Total Group Life 0% $-5,970 $0 $1,428,562 $0 -23,929%
2022 Group Whole Life 0% $0 $0 $6,318 $0 0%
2022 Group Ordinary Annuities 0% $-5,970 $0 $1,422,244 $0 -23,823.2%
2021 Total Accident & Health 0% $170,782 $168,986 $132,298 $75,607 44.74%
2021 Total Individual Accident & Health 0% $169,462 $167,666 $132,298 $75,687 45.14%
2021 Individual Medicare Supplement 0.01% $76,644 $77,302 $50,608 $49,685 64.27%
2021 Individual Long Term Care 0.04% $92,777 $90,323 $81,690 $26,001 28.79%
2021 Individual Limited Benefit 0% $41 $41 $0 $1 2.44%
2021 Total Group Accident & Health 0% $1,320 $1,320 $0 $-80 -6.06%
2021 Group Long Term Care 0% $1,320 $1,320 $0 $-80 -6.06%
2021 Total Life 2.22% $272,580,834 $0 $177,747,393 $0 65.21%
2021 Total Individual Life 3.45% $271,178,126 $0 $176,615,164 $0 65.13%
2021 Individual Whole Life 0% $42,319 $0 $36,119 $0 85.35%
2021 Individual Term Life 0.04% $263,924 $0 $1,618,860 $0 613.38%
2021 Individual Universal Life 0.01% $60,036 $0 $189,487 $0 315.62%
2021 Individual Ordinary Annuities 7.89% $122,794,516 $0 $12,877,187 $0 10.49%
2021 Individual Equity Indexed Annuities 10.85% $147,947,948 $0 $160,354,587 $0 108.39%
2021 Individual Deposit-Type Funds 0.08% $69,383 $0 $1,538,924 $0 2,218.01%
2021 Total Group Life 0.03% $1,402,708 $0 $1,132,229 $0 80.72%
2021 Group Whole Life 0% $0 $0 $14,863 $0 0%
2021 Group Ordinary Annuities 0.1% $1,402,708 $0 $1,117,366 $0 79.66%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2023 Health 0% 1 2865
2023 Long-Term Care Insurance 0.04% 1 1446
2023 Life and Annuities 2.65% 0 0
2023 Medicare Supplement Insurance 0.01% 0 0
2022 Health 0% 1 2119
2022 Long-Term Care Insurance 0.04% 1 1596
2022 Life and Annuities 2.56% 0 0
2022 Medicare Supplement Insurance 0.01% 0 0
2021 Health 0% 1 1766
2021 Long-Term Care Insurance 0.04% 1 1539
2021 Life and Annuities 2.51% 0 0
2021 Medicare Supplement Insurance 0.01% 0 0

Company Changes

Effective Date:
Comments:

Effective 09/06/16 this company added A3 authority.

Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.