Company Details
License Status:
Active
NAIC Number:
79227
Phone Number:
8773011212
Company Address:
751 Broad Street
6th Floor
NEWARK, NJ 07102
Description:
Life and Health
License Number:
A422429
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 | 1.16% | $157,568,638 | $0 | $813,157,180 | $0 | 516.07% |
| 2023 | Total Individual Life | 1.57% | $157,568,638 | $0 | $813,157,180 | $0 | 516.07% |
| 2023 | Individual Whole Life | 0% | $34,441 | $0 | $57,080 | $0 | 165.73% |
| 2023 | Individual Term Life | 5.02% | $29,648,204 | $0 | $23,121,971 | $0 | 77.99% |
| 2023 | Individual Universal Life | 3.7% | $21,130,525 | $0 | $8,346,191 | $0 | 39.5% |
| 2023 | Individual Variable Life | 0.98% | $1,009,753 | $0 | $12,038,763 | $0 | 1,192.25% |
| 2023 | Individual Ordinary Annuities | 1.05% | $28,033,239 | $0 | $1,644,250 | $0 | 5.87% |
| 2023 | Individual Variable Annuities | 2.98% | $44,577,057 | $0 | $766,139,272 | $0 | 1,718.69% |
| 2023 | Individual Equity Indexed Annuities | 1.43% | $32,089,667 | $0 | $1,207,501 | $0 | 3.76% |
| 2023 | Individual Deposit-Type Funds | 0.08% | $1,045,752 | $0 | $602,152 | $0 | 57.58% |
| 2022 | Total Life | 1.47% | $210,399,937 | $0 | $735,848,888 | $0 | 349.74% |
| 2022 | Total Individual Life | 2.13% | $210,399,937 | $0 | $735,848,888 | $0 | 349.74% |
| 2022 | Individual Whole Life | 0% | $7,367 | $0 | $0 | $0 | 0% |
| 2022 | Individual Term Life | 4.86% | $30,226,363 | $0 | $27,994,747 | $0 | 92.62% |
| 2022 | Individual Universal Life | 2.7% | $21,061,353 | $0 | $6,951,645 | $0 | 33.01% |
| 2022 | Individual Variable Life | 19.24% | $42,285,030 | $0 | $15,464,300 | $0 | 36.57% |
| 2022 | Individual Ordinary Annuities | 0.61% | $14,236,293 | $0 | $398,330 | $0 | 2.8% |
| 2022 | Individual Variable Annuities | 5.16% | $101,794,819 | $0 | $684,414,659 | $0 | 672.35% |
| 2022 | Individual Deposit-Type Funds | 0.08% | $788,712 | $0 | $625,207 | $0 | 79.27% |
| 2021 | Total Life | 1.03% | $125,772,027 | $0 | $890,086,879 | $0 | 707.7% |
| 2021 | Total Individual Life | 1.6% | $125,772,027 | $0 | $890,086,879 | $0 | 707.7% |
| 2021 | Individual Term Life | 5.03% | $30,643,267 | $0 | $20,866,675 | $0 | 68.1% |
| 2021 | Individual Universal Life | 2.79% | $22,180,063 | $0 | $14,434,719 | $0 | 65.08% |
| 2021 | Individual Variable Life | 18.75% | $44,297,408 | $0 | $19,226,886 | $0 | 43.4% |
| 2021 | Individual Ordinary Annuities | 0.01% | $133,564 | $0 | $668,492 | $0 | 500.5% |
| 2021 | Individual Variable Annuities | 1.22% | $27,532,444 | $0 | $834,206,593 | $0 | 3,029.9% |
| 2021 | Individual Deposit-Type Funds | 1.08% | $985,281 | $0 | $683,514 | $0 | 69.37% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Life and Annuities | 1.55% | 2 | 17 |
| 2022 | Life and Annuities | 1.65% | 4 | 33 |
| 2021 | Life and Annuities | 1.85% | 4 | 28 |
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.