Life's Face Lift.The average policy size continues to grow while the lapse (language) LAPSE - A single assignment language for the Manchester dataflow machine. ["A Single Assignment Language for Data Flow Computing", J.R.W. Glauert, M.Sc Diss, Victoria U Manchester, 1978]. ratio remains flat. The trend toward consumers buying larger policies continued in 1999, with the face amount of the average ordinary life policy issued growing to $111,896, an 8.8% increase over 1998. The industrywide in·dus·try·wide adv. & adj. Throughout an entire industry: sales that have decreased industrywide; industrywide cooperation. published lapse ratio for ordinary life policies remained flat, increasing less than half a percentage point to 8.3. Industry analysts said an increase would be significant only if the lapse ratio continued to worsen wors·en tr. & intr.v. wors·ened, wors·en·ing, wors·ens To make or become worse. worsen Verb to make or become worse worsening adjn over the next few years after steadily declining from a peak of 14.1 in 1984. "Over the last five years, we've we've Contraction of we have. we've have been holding steady," said Paul Paul, 1901–64, king of the Hellenes (1947–64), brother and successor of George II. He married (1938) Princess Frederika of Brunswick. During Paul's reign Greece followed a pro-Western policy, and the Cyprus question was temporarily resolved. Yakoboski, director of policy research at the American Council of Life Insurers The American Council of Life Insurers (ACLI) is a Washington-based lobbying and trade group for the life insurance industry. ACLI represents 373 insurance companies that account for 93 percent of the U.S. life insurance industry's total assets. . "Education is having an impact. People are buying the right product and sticking with it." The lapse ratio, which measures the rate at which customers are surrendering policies or letting them expire expire /ex·pire/ (ek-spi´er) 1. to exhale. 2. to die. ex·pire v. 1. To breathe one's last breath; die. 2. To exhale. or lapse, is an important factor in profitability, because it takes several years before life insurance products break even. Most lapsed LEGACY, LAPSED. A legacy is said to be lapsed or extinguished, when the legatee dies before the testator, or before the condition upon which the legacy is given has been performed, or before the time at which it is directed to vest in interest has arrived. Bac. Ab. Legacy, E; Com. Dig. policies have been in force for fewer than two years. The lapse ratio is based on the face amount of the policies rather than the number of policies. The A.M. Best Co. published lapse ratio takes into account reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. and term policies that are not renewed re·new v. re·newed, re·new·ing, re·news v.tr. 1. To make new or as if new again; restore: renewed the antique chair. 2. , in contrast to the National Association of Insurance Commissioners The National Association of Insurance Commissioners (NAIC) is an Internal Revenue Code Section 501(c)(3) non-profit organization which seeks to organize the regulatory and supervisory efforts of the various state insurance commissioners from around the United States. lapse ratio, which does not. The NAIC NAIC See National Association of Investors Corporation (NAIC). lapse ratio for total U.S. life/health legal reserve companies (which excludes fraternal fraternal /fra·ter·nal/ (frah-ter´n'l) 1. of or pertaining to brothers. 2. of twins; derived from two oocytes. fra·ter·nal adj. 1. Of or relating to brothers. organizations) was 8.2 in 1999, down from 8.3 in 1998. The A.M. Best published lapse ratio for legal reserve companies was 8.4 in 1999, up from 7.9 the prior year. While the number of policies continues to decline, the face value of policies continues to grow. "The conventional wisdom is that individual coverage continues to increase based on increasing responsibilities, and the very reasonable cost of term policies has significantly led to increases in policy size," said Stephanie Guethlein McElroy McElroy is the surname of a number of people:
The increase in average policy size also reflects a move by many companies to market policies to people with a high net worth who are seeking to protect their estates from taxes. (See "Death and Taxes," page 125.) "The slow but steady increase in size of the average policy is continuing," Yakoboski said. "Part of that is continued growth in the economy, continued growth in wages and pretty good economic times." (See Ordinary Life Lapse Ratios and Average Policy Size charts on page 118.)
Top 10 U.S. Life/Health Insurers
By Published Lapse Ratio
1999
Published
Rank Company Lapse Ratio
1 Security Life of Denver Ins Co 0.8
2 USAA Life Ins Co 2.9
3 IDS Life Ins Co 3.0
4 Sun Life Assur fof Canada USB 3.3
5 Pruco Life Ins Co 3.7
6 NYLife Ins Co of Arizona 3.8
7 John Hancock Variable Life 3.9
8 Connecticut General Life Ins 4.0
9 Aid Association for Lutherans 4.3
10 New York Life Ins & Annuity 4.3
Source: A.M. Best Co. data, 150 largest
companies based on ordinary life issued
in 1999.
Ordinary Life Lapse Ratios and Average
Policy Size
Top 150 companies based on ordinary life
insurance issued in 1999.
1999 Amount
Company AMB# Issued ($000)
Aetna Life Ins of America 09327 $11 ,784,505
Aid Association for Lutherans 06008 7,052,896
AIG Life Insurance Company 06809 1,587,555
Alfa Life Ins Corp 06293 2,099,314
All American Life Ins Co 06015 7,244,409
Allmerica Financial Lf Ins & Ann 08491 1,860,850
Allstate Life Ins Co 06027 33,920,261
Allstate Life Ins Co of NY 07291 2,587,970
American Bankers Life Assur Co 06040 1,536,346
American Fam Life of Lf Assur Columbus 06051 13,534,530
American Family Life Ins Co 06052 9,074,949
American Franklin Life Ins 09061 2,257,885
American General Lf & Accident 06788 12,274,758
American General Life Ins Co 06058 3,372,307
American Heritage Life Ins Co 06064 2,463,710
American Income Life Ins Co 06069 4,129,153
American Life Ins Co DE 06081 22,061,036
American Mayflower Life Ins NY 06085 2,653,128
American National Ins Co 06087 5,840,443
American Phoenix Life & Reassur 68152 29,405,400
Ameritas Life Insurance Corp 06152 1,733,982
AmerUs Life Insurance Co 06199 4,745,533
Amica Life Ins Co 07464 1,440,343
Auto Club Life Insurance Co 08525 2,043,461
Auto-Owners Life Ins Co 06140 1,948,467
Bankers Life Ins Co of NY 06467 2,511,132
Banner Life Ins Co 06468 30,892,572
Beneficial Life Ins Co 06162 1,572,790
Berkshire Life Ins Co 06166 1,413,227
Boston Mutual Life Ins Co 06170 1,657,641
Business Men's Assurance Co 06175 24,820,129
C.M. Life Insurance Co 09062 13,330,719
Cincinnati Life Ins Co 06568 5,250,380
Colonial Life & Accident Ins 06238 3,374,352
Connecticut General Life Ins 06266 2,263,148
Conseco Life Insurance Company 06692 7,554,944
Country Life Ins Co 06294 2,179,402
Empire General Life Assur 06795 5,131,577
Equitable Life Assur Society 06341 19,851,524
Equitable of Colorado Inc 09516 4,016,332
Erie Family Life Ins Co 07276 2,275,565
Farm Bureau Life Ins Co 06362 3,067,610
Farmers New World Life Ins Co 06373 15,483,513
Federal Kemper Life Assurance 06376 17,425,884
Federated Life Ins Co 06381 1,910,023
Fidelity & Guaranty Life Ins 06384 3,333,911
Fidelity Life Association 06386 3,448,043
First Colony Life Ins Co 06403 76,085,969
First Penn-Pacific Life Ins Co 06904 21,201,913
Fortis Benefits Ins Co 07232 3,065,751
GE Life &Annuity Assur 06648 1,622,496
General American Life Ins Co 06439 4,916,745
General Electric Capital Assur 07183 2,595,464
Gerber Life Ins Co 07299 3,717,050
Globe Life & Accident Ins Co 06462 5,669,438
Golden Rule Ins Co 06263 2,351,863
Great American Life Ins Co 06474 8,062,472
Great Southern Life Ins Co 06491 1,836,714
Great-West Life & Ann 06981 3,294,764
Guarantee Life Ins Co 06501 1,759,546
Guardian Ins & Annuity Co Inc 08197 2,184,430
Guardian Life Ins Co of Amer 06508 13,826,471
Hartford Life & Annuity Ins 07325 10,754,457
Published Lapse Ratio
Company 1999 1998
Aetna Life Ins of America 5.0 4.9
Aid Association for Lutherans 4.3 5.1
AIG Life Insurance Company 4.5 8.9
Alfa Life Ins Corp 8.5 8.6
All American Life Ins Co 9.7 8.3
Allmerica Financial Lf Ins & Ann 7.2 7.7
Allstate Life Ins Co 12.1 9.0
Allstate Life Ins Co of NY 5.7 9.0
American Bankers Life Assur Co 10.3 9.6
American Fam Life of Lf Assur Columbus 9.0 7.9
American Family Life Ins Co 7.5 7.5
American Franklin Life Ins 4.9 4.4
American General Lf & Accident 12.5 11.8
American General Life Ins Co 7.4 7.2
American Heritage Life Ins Co 15.9 13.3
American Income Life Ins Co 18.3 19.7
American Life Ins Co DE 10.7 8.5
American Mayflower Life Ins NY 6.5 7.1
American National Ins Co 15.4 11.1
American Phoenix Life & Reassur 9.5 6.0
Ameritas Life Insurance Corp 5.1 5.4
AmerUs Life Insurance Co 7.3 7.2
Amica Life Ins Co 8.0 7.8
Auto Club Life Insurance Co 12.4 10.1
Auto-Owners Life Ins Co 8.7 8.6
Bankers Life Ins Co of NY 9.9 7.6
Banner Life Ins Co -7.6 8.8
Beneficial Life Ins Co 6.5 5.5
Berkshire Life Ins Co 9.4 8.5
Boston Mutual Life Ins Co 10.6 13.4
Business Men's Assurance Co 11.6 11.2
C.M. Life Insurance Co 5.2 7.1
Cincinnati Life Ins Co 8.2 8.2
Colonial Life & Accident Ins 16.4 16.6
Connecticut General Life Ins 4.0 3.5
Conseco Life Insurance Company 8.9 9.3
Country Life Ins Co 6.5 6.6
Empire General Life Assur 7.3 7.8
Equitable Life Assur Society 6.7 6.0
Equitable of Colorado Inc 8.0 22.2
Erie Family Life Ins Co 7.2 7.9
Farm Bureau Life Ins Co 6.0 6.0
Farmers New World Life Ins Co 8.5 8.6
Federal Kemper Life Assurance 10.4 9.6
Federated Life Ins Co 7.1 6.7
Fidelity & Guaranty Life Ins 13.9 11.7
Fidelity Life Association 10.5 11.8
First Colony Life Ins Co 8.7 8.5
First Penn-Pacific Life Ins Co 6.8 7.3
Fortis Benefits Ins Co 5.8 4.5
GE Life &Annuity Assur 7.9 7.6
General American Life Ins Co 8.9 6.5
General Electric Capital Assur 8.6 3.8
Gerber Life Ins Co 12.7 13.7
Globe Life & Accident Ins Co 17.8 18.2
Golden Rule Ins Co 14.8 11.3
Great American Life Ins Co 12.1 84.2
Great Southern Life Ins Co 10.2 8.3
Great-West Life & Ann 6.9 -24.1
Guarantee Life Ins Co 10.5 8.1
Guardian Ins & Annuity Co Inc 7.0 8.0
Guardian Life Ins Co of Amer 8.2 21.2
Hartford Life & Annuity Ins 7.0 4.1
Company 1997 1996 1995
Aetna Life Ins of America 5.0 5.6 4.9
Aid Association for Lutherans 4.9 3.9 3.8
AIG Life Insurance Company 14.8 1.2 1.4
Alfa Life Ins Corp 8.1 7.7 7.5
All American Life Ins Co 8.0 8.6 8.5
Allmerica Financial Lf Ins & Ann 8.6 9.3 8.9
Allstate Life Ins Co 9.9 8.6 7.6
Allstate Life Ins Co of NY 8.5 8.1 7.7
American Bankers Life Assur Co 9.9 11.4 14.4
American Fam Life of Lf Assur Columbus 3.5 7.9 10.5
American Family Life Ins Co 7.8 8.0 7.1
American Franklin Life Ins 5.4 5.5 5.3
American General Lf & Accident 11.3 10.2 11.2
American General Life Ins Co 8.2 7.7 8.2
American Heritage Life Ins Co 14.8 15.0 15.1
American Income Life Ins Co 20.6 20.2 19.9
American Life Ins Co DE 6.9 7.9 9.7
American Mayflower Life Ins NY 8.3 8.6 7.9
American National Ins Co 12.2 12.3 12.3
American Phoenix Life & Reassur -99.9 -99.9 -0.9
Ameritas Life Insurance Corp 6.0 5.3 5.0
AmerUs Life Insurance Co 7.2 7.2 7.2
Amica Life Ins Co 6.0 5.2 4.2
Auto Club Life Insurance Co 9.8 11.1 8.7
Auto-Owners Life Ins Co 9.3 9.0 8.5
Bankers Life Ins Co of NY 9.2 6.5 11.1
Banner Life Ins Co 9.3 12.9 11.6
Beneficial Life Ins Co 4.2 5.0 6.5
Berkshire Life Ins Co 12.1 9.4 8.5
Boston Mutual Life Ins Co 13.4 14.1 15.2
Business Men's Assurance Co 11.3 12.8 14.5
C.M. Life Insurance Co 3.4 5.6 6.8
Cincinnati Life Ins Co 7.3 7.8 7.4
Colonial Life & Accident Ins 19.6 18.9 18.2
Connecticut General Life Ins 3.1 9.5 3.6
Conseco Life Insurance Company 9.7 9.8 9.7
Country Life Ins Co 8.3 6.6 6.5
Empire General Life Assur 6.9 7.8 32.9
Equitable Life Assur Society 6.9 5.9 7.9
Equitable of Colorado Inc 2.6 1.3 2.6
Erie Family Life Ins Co 7.9 7.3 7.0
Farm Bureau Life Ins Co 6.4 6.3 6.4
Farmers New World Life Ins Co 8.5 8.1 8.1
Federal Kemper Life Assurance 10.7 11.1 10.4
Federated Life Ins Co 6.0 5.7 5.3
Fidelity & Guaranty Life Ins 9.1 8.1 7.9
Fidelity Life Association 14.7 15.8 14.0
First Colony Life Ins Co 9.1 7.8 7.5
First Penn-Pacific Life Ins Co 5.2 2.1 6.5
Fortis Benefits Ins Co 7.2 8.8 5.8
GE Life &Annuity Assur 7.1 7.6 7.9
General American Life Ins Co 17.9 16.2 10.3
General Electric Capital Assur 6.4 6.8 7.8
Gerber Life Ins Co 15.3 17.2 17.0
Globe Life & Accident Ins Co 17.4 17.0 19.3
Golden Rule Ins Co 6.6 6.2 5.8
Great American Life Ins Co 10.9 9.3 11.2
Great Southern Life Ins Co 11.2 8.0 8.9
Great-West Life & Ann 4.5 4.4 2.4
Guarantee Life Ins Co 7.8 8.8 7.8
Guardian Ins & Annuity Co Inc 6,2 11.0 4.9
Guardian Life Ins Co of Amer 5.4 7.0 7.0
Hartford Life & Annuity Ins 5.6 2.9 2.4
Renewal Premium
Presistency
Company 1999 1998 1997
Aetna Life Ins of America 96.0 79.6 74.3
Aid Association for Lutherans 92.5 90.1 89.8
AIG Life Insurance Company 48.2 40.2 37.0
Alfa Life Ins Corp 91.8 91.4 90.4
All American Life Ins Co 84.2 85.1 79.9
Allmerica Financial Lf Ins & Ann 72.1 72,4 76.7
Allstate Life Ins Co 91.0 88.4 86.7
Allstate Life Ins Co of NY 87.6 88.0 89.5
American Bankers Life Assur Co 73.4 72.9 79.6
American Fam Life of Lf Assur Columbus 107.3 87.3 87.1
American Family Life Ins Co 91.0 91.2 92.3
American Franklin Life Ins 68.3 64.1 62.0
American General Lf & Accident 89.4 87.4 85.5
American General Life Ins Co 72.0 77.8 81.9
American Heritage Life Ins Co 79.7 86.9 86.4
American Income Life Ins Co 87.6 86.3 86.2
American Life Ins Co DE 98.6 80.3 78.5
American Mayflower Life Ins NY 91.9 80.8 86.9
American National Ins Co 89.1 86.3 91.3
American Phoenix Life & Reassur 0.0 0.0 0.0
Ameritas Life Insurance Corp 80.4 71.2 78.4
AmerUs Life Insurance Co 87,0 87.7 87.0
Amica Life Ins Co 94.5 97.1 96.9
Auto Club Life Insurance Co 86.5 86.9 87.8
Auto-Owners Life Ins Co 88.8 86.6 89.7
Bankers Life Ins Co of NY 87.9 97.0 78.8
Banner Life Ins Co 92.0 83.5 82.8
Beneficial Life Ins Co 71.2 77.4 75.2
Berkshire Life Ins Co 95.3 94.7 93.3
Boston Mutual Life Ins Co 88.2 86.4 86.1
Business Men's Assurance Co 85.6 82.4 87.8
C.M. Life Insurance Co 81.5 81.5 83.9
Cincinnati Life Ins Co 86.4 85.5 84.0
Colonial Life & Accident Ins 80.6 123.9 50.1
Connecticut General Life Ins 66.7 75.5 59.9
Conseco Life Insurance Company 80.8 80.6 75.9
Country Life Ins Co 93.6 95.1 93.5
Empire General Life Assur 88.0 96.0 97.0
Equitable Life Assur Society 84.1 85.0 85.4
Equitable of Colorado Inc 95.6 64.1 95.4
Erie Family Life Ins Co 89.3 87.9 88.5
Farm Bureau Life Ins Co 86.5 86.0 86.5
Farmers New World Life Ins Co 89.8 88.9 88.2
Federal Kemper Life Assurance 89.0 86.8 88.0
Federated Life Ins Co 82.8 82.4 83.6
Fidelity & Guaranty Life Ins 87.5 85.8 85.5
Fidelity Life Association 88.6 106.6 85.0
First Colony Life Ins Co 87.1 87.3 102.5
First Penn-Pacific Life Ins Co 49.4 45.6 40.1
Fortis Benefits Ins Co 71.6 68.1 66.5
GE Life &Annuity Assur 85.8 84.4 88.3
General American Life Ins Co 87.2 90.3 87.3
General Electric Capital Assur 134.5 73.6 90.6
Gerber Life Ins Co 87.3 86.6 84.5
Globe Life & Accident Ins Co 92.5 92.0 94.1
Golden Rule Ins Co 83.3 88.8 90.2
Great American Life Ins Co 82.6 100.8 87,2
Great Southern Life Ins Co 78.3 86.6 87.2
Great-West Life & Ann 68.0 72.7 69.6
Guarantee Life Ins Co 94.8 85.8 86.8
Guardian Ins & Annuity Co Inc 88.5 72.9 78.0
Guardian Life Ins Co of Amer 94.3 86.8 93.4
Hartford Life & Annuity Ins 55.2 77.8 74.4
Company 1996 1995
Aetna Life Ins of America 87.8 90.3
Aid Association for Lutherans 89.7 89.4
AIG Life Insurance Company 27.2 102.3
Alfa Life Ins Corp 90.1 89.9
All American Life Ins Co 78.4 78.6
Allmerica Financial Lf Ins & Ann 85.6 76.0
Allstate Life Ins Co 87.8 87.2
Allstate Life Ins Co of NY 88.1 89.1
American Bankers Life Assur Co 83.5 75.5
American Fam Life of Lf Assur Columbus 85.0 91.5
American Family Life Ins Co 92.0 124.7
American Franklin Life Ins 65.1 55.2
American General Lf & Accident 109.5 68.6
American General Life Ins Co 76.0 77.5
American Heritage Life Ins Co 89.9 86.7
American Income Life Ins Co 85.3 87.0
American Life Ins Co DE 73.8 86.4
American Mayflower Life Ins NY 88.4 90.6
American National Ins Co 83.9 86.9
American Phoenix Life & Reassur 0.0 0.0
Ameritas Life Insurance Corp 82.1 79.7
AmerUs Life Insurance Co 85.5 85.9
Amica Life Ins Co 96.7 96.2
Auto Club Life Insurance Co 87.3 89.3
Auto-Owners Life Ins Co 87.3 88.5
Bankers Life Ins Co of NY 70.0 79.0
Banner Life Ins Co 72.3 57.6
Beneficial Life Ins Co 73.6 77.4
Berkshire Life Ins Co 94.2 96.0
Boston Mutual Life Ins Co 87.0 87.6
Business Men's Assurance Co 87.0 82.2
C.M. Life Insurance Co 81.0 91.1
Cincinnati Life Ins Co 84.6 82.5
Colonial Life & Accident Ins 80.9 81.2
Connecticut General Life Ins 60.7 98.4
Conseco Life Insurance Company 74.1 75.0
Country Life Ins Co 93.5 95.2
Empire General Life Assur 118.1 149.0
Equitable Life Assur Society 87.6 86.5
Equitable of Colorado Inc 95.9 137.9
Erie Family Life Ins Co 88.3 87.3
Farm Bureau Life Ins Co 90.0 95.7
Farmers New World Life Ins Co 88.2 88.4
Federal Kemper Life Assurance 88.4 87.1
Federated Life Ins Co 83.1 80.9
Fidelity & Guaranty Life Ins 85.3 86.8
Fidelity Life Association 87.4 88.5
First Colony Life Ins Co 72.2 87.8
First Penn-Pacific Life Ins Co 37.5 39.1
Fortis Benefits Ins Co 72.5 70.2
GE Life &Annuity Assur 79.8 84.7
General American Life Ins Co 81.9 90.1
General Electric Capital Assur 92.6 82.7
Gerber Life Ins Co 85.1 86.3
Globe Life & Accident Ins Co 90.8 94.4
Golden Rule Ins Co 91.0 91.2
Great American Life Ins Co 96.8 90.6
Great Southern Life Ins Co 79.8 79.5
Great-West Life & Ann 85.7 88.1
Guarantee Life Ins Co 87.7 86.6
Guardian Ins & Annuity Co Inc 87.3 90.3
Guardian Life Ins Co of Amer 92.9 93.8
Hartford Life & Annuity Ins 70.7 63.2
Average Policy Issued
Company 1999 1998
Aetna Life Ins of America $25,685 $30,259
Aid Association for Lutherans 103,928 114,735
AIG Life Insurance Company 347,691 379,258
Alfa Life Ins Corp 9,6175 87,622
All American Life Ins Co 258,858 221,928
Allmerica Financial Lf Ins & Ann 312,748 286,311
Allstate Life Ins Co 163,943 102,084
Allstate Life Ins Co of NY 122,351 131,133
American Bankers Life Assur Co 102,601 92,559
American Fam Life of Lf Assur Columbus 87,889 92,557
American Family Life Ins Co 117,131 113,253
American Franklin Life Ins 215,962 194,745
American General Lf & Accident 25,880 22,942
American General Life Ins Co 334,355 427,061
American Heritage Life Ins Co 44,773 45,150
American Income Life Ins Co 25,397 22,690
American Life Ins Co DE 69,877 78,625
American Mayflower Life Ins NY 260,366 213,212
American National Ins Co 43,050 37,446
American Phoenix Life & Reassur 48,973 41,668
Ameritas Life Insurance Corp 387,395 335,598
AmerUs Life Insurance Co 265,202 208,627
Amica Life Ins Co 260,837 242,259
Auto Club Life Insurance Co 143,089 114,899
Auto-Owners Life Ins Co 103,148 98,842
Bankers Life Ins Co of NY 326,333 197,587
Banner Life Ins Co 449,118 495,559
Beneficial Life Ins Co 196,231 174,705
Berkshire Life Ins Co 292,291 273,206
Boston Mutual Life Ins Co 25,299 23,544
Business Men's Assurance Co 29,115 35,602
C.M. Life Insurance Co 401,455 417,516
Cincinnati Life Ins Co 138,976 104,239
Colonial Life & Accident Ins 39,130 37,817
Connecticut General Life Ins 96,124 296,046
Conseco Life Insurance Company 129,536 123,228
Country Life Ins Co 110,126 107,156
Empire General Life Assur 349,396 367,650
Equitable Life Assur Society 401,958 361,698
Equitable of Colorado Inc 375,499 324,835
Erie Family Life Ins Co 90,881 92,234
Farm Bureau Life Ins Co 102,441 95,060
Farmers New World Life Ins Co 122,730 121,806
Federal Kemper Life Assurance 229,533 227,343
Federated Life Ins Co 351,430 273,581
Fidelity & Guaranty Life Ins 115,861 114,432
Fidelity Life Association 455,368 527,016
First Colony Life Ins Co 326,727 307,255
First Penn-Pacific Life Ins Co 351,444 295,721
Fortis Benefits Ins Co 176,294 168,429
GE Life &Annuity Assur 176,559 226,206
General American Life Ins Co 367,882 339,733
General Electric Capital Assur 226,619 224,667
Gerber Life Ins Co 9,295 8,677
Globe Life & Accident Ins Co 7,883 7,462
Golden Rule Ins Co 219,718 197,170
Great American Life Ins Co 189,848 190,289
Great Southern Life Ins Co 91,297 81,552
Great-West Life & Ann 276,036 281,451
Guarantee Life Ins Co 130,404 109,241
Guardian Ins & Annuity Co Inc 312,017 295,648
Guardian Life Ins Co of Amer 360,910 318,756
Hartford Life & Annuity Ins 532,004 397,808
Company 1997 1996 1995
Aetna Life Ins of America $36,067 $41,207 $49,618
Aid Association for Lutherans 106,039 91,080 87,048
AIG Life Insurance Company 429,527 183,126 95,534
Alfa Life Ins Corp 89,496 78,223 76,494
All American Life Ins Co 222,632 194,879 151,320
Allmerica Financial Lf Ins & Ann 277,141 253,838 225,212
Allstate Life Ins Co 109,843 114,174 120,831
Allstate Life Ins Co of NY 129,148 123,433 122,991
American Bankers Life Assur Co 125,682 82,975 67,489
American Fam Life of Lf Assur Columbus 114,819 791,504 158,593
American Family Life Ins Co 101,898 83,535 80,628
American Franklin Life Ins 208,737 202,412 182,895
American General Lf & Accident 18,747 18,502 18,818
American General Life Ins Co 374,849 302,380 198,635
American Heritage Life Ins Co 45,378 47,347 47,401
American Income Life Ins Co 21,103 18,841 18,261
American Life Ins Co DE 28,163 32,529 31,646
American Mayflower Life Ins NY 218,771 235,372 209,285
American National Ins Co 36,046 31,623 29,392
American Phoenix Life & Reassur 48,710 61,343 0
Ameritas Life Insurance Corp 250,330 222,802 181,750
AmerUs Life Insurance Co 190,793 155,627 154,258
Amica Life Ins Co 212,736 226,399 192,128
Auto Club Life Insurance Co 111,175 108,165 103,826
Auto-Owners Life Ins Co 90,712 91,603 91,818
Bankers Life Ins Co of NY 130,166 92,590 118,253
Banner Life Ins Co 352,043 217,802 117,495
Beneficial Life Ins Co 154,130 180,040 130,305
Berkshire Life Ins Co 277,048 217,581 195,160
Boston Mutual Life Ins Co 24,502 24,616 25,712
Business Men's Assurance Co 36,147 33,415 31,631
C.M. Life Insurance Co 399,805 324,912 304,694
Cincinnati Life Ins Co 57,510 61,012 47,813
Colonial Life & Accident Ins 35,842 34,370 35,500
Connecticut General Life Ins 314,150 196,082 89,186
Conseco Life Insurance Company 124,347 118,808 122,968
Country Life Ins Co 95,831 96,666 94,491
Empire General Life Assur 386,195 398,054 348,133
Equitable Life Assur Society 306,833 271,455 247,835
Equitable of Colorado Inc 319,075 270,652 262,086
Erie Family Life Ins Co 78,903 78,919 73,349
Farm Bureau Life Ins Co 89,726 83,874 82,764
Farmers New World Life Ins Co 113,753 108,033 108,340
Federal Kemper Life Assurance 254,652 226,045 226,619
Federated Life Ins Co 249,053 214,541 208,801
Fidelity & Guaranty Life Ins 107,368 107,998 131,507
Fidelity Life Association 470,090 284,822 228,659
First Colony Life Ins Co 320,110 227,600 261,065
First Penn-Pacific Life Ins Co 292,745 288,607 230,406
Fortis Benefits Ins Co 170,524 169,421 161,263
GE Life &Annuity Assur 234,434 226,862 219,423
General American Life Ins Co 319,242 245,853 169,013
General Electric Capital Assur 47,857 46,739 134,086
Gerber Life Ins Co 8,364 8,511 8,334
Globe Life & Accident Ins Co 7,305 7,323 7,675
Golden Rule Ins Co 149,762 304,044 117,843
Great American Life Ins Co 3,478 8,297 71,077
Great Southern Life Ins Co 85,368 82,103 71,947
Great-West Life & Ann 218,015 284,699 227,868
Guarantee Life Ins Co 121,857 114,967 106,006
Guardian Ins & Annuity Co Inc 327,278 372,105 501,866
Guardian Life Ins Co of Amer 287,108 265,938 259,701
Hartford Life & Annuity Ins 248,697 94,606 103,726
Average Policy in Force
Company 1999
Aetna Life Ins of America $36,800
Aid Association for Lutherans 53,579
AIG Life Insurance Company 114,898
Alfa Life Ins Corp 69,330
All American Life Ins Co 98,443
Allmerica Financial Lf Ins & Ann 187,227
Allstate Life Ins Co 96,637
Allstate Life Ins Co of NY 105,889
American Bankers Life Assur Co 72,780
American Fam Life of Lf Assur Columbus 94,202
American Family Life Ins Co 67,220
American Franklin Life Ins 196,877
American General Lf & Accident 10,818
American General Life Ins Co 80,709
American Heritage Life Ins Co 42,743
American Income Life Ins Co 16,468
American Life Ins Co DE 73,202
American Mayflower Life Ins NY 201,442
American National Ins Co 16,708
American Phoenix Life & Reassur 53,536
Ameritas Life Insurance Corp 89,477
AmerUs Life Insurance Co 94,199
Amica Life Ins Co 170,992
Auto Club Life Insurance Co 78,861
Auto-Owners Life Ins Co 80,015
Bankers Life Ins Co of NY 156,084
Banner Life Ins Co 218,753
Beneficial Life Ins Co 57,166
Berkshire Life Ins Co 146,491
Boston Mutual Life Ins Co 19,832
Business Men's Assurance Co 34,358
C.M. Life Insurance Co 313,984
Cincinnati Life Ins Co 68,127
Colonial Life & Accident Ins 31,817
Connecticut General Life Ins 48,624
Conseco Life Insurance Company 91,328
Country Life Ins Co 36,590
Empire General Life Assur 361,323
Equitable Life Assur Society 57,308
Equitable of Colorado Inc 346,641
Erie Family Life Ins Co 68,461
Farm Bureau Life Ins Co 54,428
Farmers New World Life Ins Co 94,558
Federal Kemper Life Assurance 215,682
Federated Life Ins Co 179,383
Fidelity & Guaranty Life Ins 84,550
Fidelity Life Association 243,424
First Colony Life Ins Co 256,068
First Penn-Pacific Life Ins Co 261,967
Fortis Benefits Ins Co 31,687
GE Life &Annuity Assur 80,588
General American Life Ins Co 287,101
General Electric Capital Assur 161,541
Gerber Life Ins Co 9,471
Globe Life & Accident Ins Co 7,053
Golden Rule Ins Co 124,949
Great American Life Ins Co 169,909
Great Southern Life Ins Co 60,841
Great-West Life & Ann 207,743
Guarantee Life Ins Co 74,391
Guardian Ins & Annuity Co Inc 295,217
Guardian Life Ins Co of Amer 41,930
Hartford Life & Annuity Ins 190,845
Company 1998 1997 1996
Aetna Life Ins of America $39,230 $40,983 $50,738
Aid Association for Lutherans 52,006 50,047 48,007
AIG Life Insurance Company 108,797 100,837 94,419
Alfa Life Ins Corp 66,475 64,378 61,065
All American Life Ins Co 92,093 86,552 76,453
Allmerica Financial Lf Ins & Ann 181,795 177,255 172,977
Allstate Life Ins Co 90,175 90,665 90,478
Allstate Life Ins Co of NY 100,101 95,119 89,336
American Bankers Life Assur Co 66,075 58,909 49,670
American Fam Life of Lf Assur Columbus 82,898 68,828 65,070
American Family Life Ins Co 63,003 58,380 54,230
American Franklin Life Ins 189,413 182,885 172,296
American General Lf & Accident 9,667 9,546 9,131
American General Life Ins Co 75,401 69,444 62,186
American Heritage Life Ins Co 42,933 42,776 43,401
American Income Life Ins Co 15,871 15,501 15,123
American Life Ins Co DE 69,323 29,315 31,192
American Mayflower Life Ins NY 190,017 186,601 182,625
American National Ins Co 15,434 14,569 13,798
American Phoenix Life & Reassur 56,815 57,006 81,962
Ameritas Life Insurance Corp 77,476 68,973 64,689
AmerUs Life Insurance Co 86,970 81,338 77,419
Amica Life Ins Co 164,283 157,671 152,435
Auto Club Life Insurance Co 65,059 56,727 50,918
Auto-Owners Life Ins Co 75,853 71,571 68,093
Bankers Life Ins Co of NY 112,128 102,617 85,274
Banner Life Ins Co 96,917 57,686 40,792
Beneficial Life Ins Co 52,447 48,234 44,568
Berkshire Life Ins Co 140,786 132,600 126,527
Boston Mutual Life Ins Co 18,977 18,801 18,614
Business Men's Assurance Co 36,636 36,820 36,559
C.M. Life Insurance Co 295,088 264,311 218,883
Cincinnati Life Ins Co 55,716 47,140 43,835
Colonial Life & Accident Ins 31,223 30,796 29,850
Connecticut General Life Ins 56,221 46,902 75,121
Conseco Life Insurance Company 89,929 91,411 89,809
Country Life Ins Co 34,623 32,905 31,796
Empire General Life Assur 374,347 390,629 402,995
Equitable Life Assur Society 57,395 59,992 59,939
Equitable of Colorado Inc 337,026 267,487 248,889
Erie Family Life Ins Co 65,618 61,487 59,245
Farm Bureau Life Ins Co 51,262 48,278 45,467
Farmers New World Life Ins Co 91,684 88,037 83,507
Federal Kemper Life Assurance 217,177 217,974 215,895
Federated Life Ins Co 156,900 145,466 135,712
Fidelity & Guaranty Life Ins 80,003 78,496 77,629
Fidelity Life Association 226,268 181,607 172,783
First Colony Life Ins Co 240,192 231,744 218,060
First Penn-Pacific Life Ins Co 237,733 204,993 167,264
Fortis Benefits Ins Co 115,644 106,189 98,947
GE Life &Annuity Assur 80,289 77,431 71,177
General American Life Ins Co 279,584 279,344 274,723
General Electric Capital Assur 95,318 80,612 80,027
Gerber Life Ins Co 9,249 9,053 8,924
Globe Life & Accident Ins Co 7,018 7,003 7,061
Golden Rule Ins Co 116,196 106,044 104,106
Great American Life Ins Co 149,561 29,250 39,520
Great Southern Life Ins Co 61,098 60,633 53,735
Great-West Life & Ann 203,727 178,118 177,820
Guarantee Life Ins Co 62,322 60,841 58,573
Guardian Ins & Annuity Co Inc 291,873 299,001 205,285
Guardian Life Ins Co of Amer 25,888 34,855 38,346
Hartford Life & Annuity Ins 144,313 83,766 78,155
Company 1995
Aetna Life Ins of America $51,534
Aid Association for Lutherans 46,221
AIG Life Insurance Company 89,361
Alfa Life Ins Corp 58,951
All American Life Ins Co 65,117
Allmerica Financial Lf Ins & Ann 170,497
Allstate Life Ins Co 88,817
Allstate Life Ins Co of NY 82,970
American Bankers Life Assur Co 42,544
American Fam Life of Lf Assur Columbus 27,013
American Family Life Ins Co 51,545
American Franklin Life Ins 159,549
American General Lf & Accident 9,094
American General Life Ins Co 56,856
American Heritage Life Ins Co 43,304
American Income Life Ins Co 14,935
American Life Ins Co DE 33,574
American Mayflower Life Ins NY 173,861
American National Ins Co 13,238
American Phoenix Life & Reassur 0
Ameritas Life Insurance Corp 59,762
AmerUs Life Insurance Co 79,773
Amica Life Ins Co 145,635
Auto Club Life Insurance Co 46,039
Auto-Owners Life Ins Co 64,038
Bankers Life Ins Co of NY 93,144
Banner Life Ins Co 39,070
Beneficial Life Ins Co 40,213
Berkshire Life Ins Co 122,090
Boston Mutual Life Ins Co 18,257
Business Men's Assurance Co 38,115
C.M. Life Insurance Co 195,169
Cincinnati Life Ins Co 39,385
Colonial Life & Accident Ins 28,971
Connecticut General Life Ins 148,410
Conseco Life Insurance Company 87,539
Country Life Ins Co 29,839
Empire General Life Assur 348,632
Equitable Life Assur Society 58,421
Equitable of Colorado Inc 237,340
Erie Family Life Ins Co 55,918
Farm Bureau Life Ins Co 42,995
Farmers New World Life Ins Co 78,840
Federal Kemper Life Assurance 220,544
Federated Life Ins Co 127,338
Fidelity & Guaranty Life Ins 78,127
Fidelity Life Association 181,990
First Colony Life Ins Co 209,136
First Penn-Pacific Life Ins Co 102,884
Fortis Benefits Ins Co 89,784
GE Life &Annuity Assur 65,714
General American Life Ins Co 291,200
General Electric Capital Assur 79,456
Gerber Life Ins Co 8,731
Globe Life & Accident Ins Co 7,173
Golden Rule Ins Co 100,959
Great American Life Ins Co 41,150
Great Southern Life Ins Co 48,875
Great-West Life & Ann 168,924
Guarantee Life Ins Co 56,679
Guardian Ins & Annuity Co Inc 202,977
Guardian Life Ins Co of Amer 44,750
Hartford Life & Annuity Ins 78,533
Horace Mann Life Ins Co 06535 $1,376,779 9.2 9.2 8.3
IDS Life Ins Co 06592 10,320,196 3.0 3.6 3.6
Indianapolis Life Ins Co 06552 3,488,494 8.7 8.6 7.2
Inter-State Assurance Company 06569 3,005,318 11.8 11.5 10.1
Jackson National Life Ins Co 06596 11,238,517 10.7 8.9 8.4
Jefferson Pilot Finl Ins 07211 8,296,300 7.4 7.6 7.9
Jefferson-Pilot Life Ins Co 06928 3,913,990 7.9 8.8 8.8
John Hancock Life Insurance 06601 8,783,525 7.9 6.9 8.6
John Hancock Variable Life 08958 15,229,330 3.9 4.1 4.2
Kansas City Life Ins Co 06605 1,896,455 7.1 8.0 10.2
Knights of Columbus 06616 4,280,318 4.6 4.8 5.0
Liberty Life Assur of Boston 06627 2,447,553 8.5 15.8 10.7
Liberty Life Ins Co 06628 1,751,193 13.3 13.0 13.6
Liberty National Life Ins Co 06629 5,909,494 11.5 11.4 12.0
Life Investors Ins Co of Amer 06495 1,827,261 6.4 2.6 7.1
Lincoln Benefit Life Co 06657 24,960,056 8.7 7.6 6.4
Lincoln National Life Ins Co 06664 16,491,507 14.6 8.3 8.9
Lutheran Brotherhood 06673 3,519,547 4.8 5.1 4.4
Manufacturers Life Ins (USA) 06681 10,375,037 5.9 5.4 8.2
Manufacturers Life of America 08786 3,309,876 -8.3 2.9 5.4
Massachusetts Mutual Life Ins 06695 13,674,442 6.7 6.5 6.6
Metropolitan Life Ins Co 06704 30,014,306 6.6 6.8 7.4
Midland Life Ins Co 06710 14,148,430 10.0 11.9 9.7
Midland National Life Ins Co 06711 8,629,328 8.0 9.4 13.0
Minnesota Life Ins Company 06724 7,560,796 5.9 7.1 6.8
Modern Woodmen of America 06737 3,602,250 7.8 8.8 8.8
Monumental Life Ins Co 06742 4,913,477 7.8 10.7 9.7
MONY Life Insurance Co of Amer 08091 6,419,028 6.7 7.3 6.7
National Benefit Life Ins Co 06163 4,052,441 12.3 13.7 13.2
National Life Ins Co VT 06790 4,605,191 8.4 8.7 9.6
National Western Life Ins Co 06811 1,647,416 11.1 9.7 10.0
Nationwide Life & Annuity Ins 09070 1,645,414 -2.5 -99.9 7.8
Nationwide Life Ins Co 06812 18,578,307 6.6 6.8 7.5
New England Life Ins Co 09043 15,073,242 5.1 5.7 5.3
New York Life Ins & Annuity 09054 14,627,015 4.3 7.5 4.6
New York Life Ins Co 06820 32,406,712 7.0 7.1 7.1
North American Co for L&H 06827 18,572,376 8.3 8.3 8.4
North American Life & Hlth NY 09044 2,093,981 6.5 7.5 7.6
Northwestern Mutual Life Ins 06845 76,526,863 4.7 4.4 4.9
NYlife Ins Co of Arizona 68015 6,628,476 3.8 0.0 0.0
Ohio National Life Assur Corp 08930 4,893,747 5.3 6.9 6.2
Old Line Life Ins Co of Amer 06859 21,139,856 10.3 10.1 10.4
Old Republic Life Ins Co 06863 2,550,487 6.3 8.6 14.0
Pacific Life Insurance Company 06885 17,924,767 4.4 2.0 1.6
Penn Mutual Life Ins Co 06903 4,388,396 7.4 7.0 8.0
PHL Variable Ins Co 09332 4,176,124 4.4 22.9 0.0
Phoenix Home Life Mutual Ins 06922 7,261,792 12.9 8.4 15.6
Primerica Life Ins Co 06693 47,076,608 9.6 9.3 9.6
Principal Life Insurance Co 06150 8,608,354 6.5 6.7 6.6
Protective Life Ins Co 06962 11,284,627 6.0 9.1 9.1
Provident Life and Accident 06968 4,054,040 8.9 9.4 9.0
Provident Mutual Life Ins Co 06971 4,652,510 5.0 5.6 6.0
Pruco Life Ins Co 08240 8,020,869 3.7 3.9 4.0
Prudential Ins Co of America 06974 30,456,704 6.7 8.0 8.9
ReliaStar Life Ins Co of NY 06157 2,966,865 8.2 9.4 9.3
ReliaStar Life Insurance Co 06846 4,404,767 10.4 9.5 9.7
Safeco Life Ins Co 07017 7,201,721 5.8 8.1 6.5
Savings Bank Life Ins Co of MA 06696 4,702,635 4.3 3.6 4.8
Security First Life Ins Co 06125 2,803,688 7.2 0.0 0.0
Security Life of Denver Ins Co 07029 4,770,514 0.8 1.1 1.7
Security Mutual Life of NY 07034 2,986,411 9.6 9.5 10.5
Security-Connecticut Life Ins 07026 12,185,390 8.9 9.5 9.7
Shelter Life Ins Co 06675 1,749,860 7.9 8.2 8.5
Horace Mann Life Ins Co 9.3 9.4 94.3 91.4 91.6 91.4
IDS Life Ins Co 3.0 3.5 71.4 85.5 84.7 90.1
Indianapolis Life Ins Co 7.2 6.2 86.1 91.6 88.8 88.7
Inter-State Assurance Company 9.6 8.2 74.0 67.0 66.8 68.5
Jackson National Life Ins Co 9.1 8.1 88.7 88.6 88.7 96.0
Jefferson Pilot Finl Ins 7.0 6.7 76.3 75.5 86.9 87.3
Jefferson-Pilot Life Ins Co 10.9 15.2 72.2 65.0 74.3 85.0
John Hancock Life Insurance 7.1 11.0 89.7 94.2 93.8 92.4
John Hancock Variable Life 5.5 3.6 79.5 80.2 57.0 82.9
Kansas City Life Ins Co 8.0 8.5 80.2 83.2 86.5 85.1
Knights of Columbus 5.1 4.9 95.7 96.0 95.6 96.3
Liberty Life Assur of Boston 10.3 10.6 90.0 90.7 94.2 91.3
Liberty Life Ins Co 13.5 12.0 86.2 85.6 85.8 83.3
Liberty National Life Ins Co 11.7 13.0 90.9 90.4 90.1 89.7
Life Investors Ins Co of Amer 7.1 7.5 92.2 90.1 88.0 91.4
Lincoln Benefit Life Co 7.2 5.6 79.4 76.3 71.7 73.9
Lincoln National Life Ins Co 11.0 6.3 80.0 79.3 71.3 70.1
Lutheran Brotherhood 4.8 4.7 89.1 86.3 86.6 88.3
Manufacturers Life Ins (USA) -2.2 7.0 95.8 90.5 340.3 91.4
Manufacturers Life of America 8.1 9.4 80.4 66.9 63.3 91.4
Massachusetts Mutual Life Ins 6.5 6.2 93.4 92.7 92.7 89.8
Metropolitan Life Ins Co 8.1 9.1 88.3 87.6 91.3 85.7
Midland Life Ins Co 8.2 6.6 84.7 94.1 73.3 84.5
Midland National Life Ins Co 12.2 9.7 83.0 85.6 83.6 85.8
Minnesota Life Ins Company 6.7 6.8 90.5 90.5 91.4 88.0
Modern Woodmen of America 8.8 8.6 87.5 87.9 87.2 86.6
Monumental Life Ins Co 10.7 10.8 91.3 89.7 86.6 86.6
MONY Life Insurance Co of Amer 6.2 6.6 80.8 93.5 89.3 84.1
National Benefit Life Ins Co 13.3 13.8 86.3 83.0 84.2 85.2
National Life Ins Co VT 8.1 8.2 88.9 88.2 96.7 87.7
National Western Life Ins Co 10.4 10.7 76.1 77.8 77.6 75.8
Nationwide Life & Annuity Ins 11.6 2.9 52.5 79.7 53.5 67.1
Nationwide Life Ins Co 8.1 8.2 69.7 74.9 77.7 82.5
New England Life Ins Co 5.4 5.7 67.2 70.8 76.1 86.8
New York Life Ins & Annuity 5.9 4.7 27.3 67.2 59.1 52.6
New York Life Ins Co 7.0 7.6 96.2 92.4 92.6 92.8
North American Co for L&H 8.8 9.8 87.8 86.1 85.7 84.9
North American Life & Hlth NY 7.5 7.2 90.1 82.2 80.8 82.5
Northwestern Mutual Life Ins 5.1 4.6 94.8 95.3 94.9 94.4
NYlife Ins Co of Arizona 0.0 0.0 96.7 0.0 0.0 0.0
Ohio National Life Assur Corp 6.8 6.3 83.5 86.9 88.4 88.5
Old Line Life Ins Co of Amer 10.1 10.0 88.4 88.8 87.4 86.9
Old Republic Life Ins Co 15.2 15.8 86.3 83.5 85.6 84.6
Pacific Life Insurance Company 2.4 2.8 73.1 84.4 81.4 83.8
Penn Mutual Life Ins Co 8.7 8.5 74.8 77.0 81.0 82.1
PHL Variable Ins Co 0.0 0.0 73.9 234.9 0.0 0.0
Phoenix Home Life Mutual Ins 11.6 5.5 90.2 104.6 90.8 91.5
Primerica Life Ins Co 9.5 9.7 88.9 88.9 88.2 87.6
Principal Life Insurance Co 5.9 5.6 91.3 90.9 89.8 91.5
Protective Life Ins Co 10.0 9.0 82.8 83.2 82.6 82.2
Provident Life and Accident 8.3 5.9 86.7 89.4 89.3 85.6
Provident Mutual Life Ins Co 7.3 8.5 75.8 90.6 91.0 90.6
Pruco Life Ins Co 3.9 3.6 46.8 85.1 82.4 85.6
Prudential Ins Co of America 8.1 8.1 104.6 71.5 87.7 88.0
ReliaStar Life Ins Co of NY 9.2 9.1 92.9 86.0 85.7 86.9
ReliaStar Life Insurance Co 9.2 9.0 75.0 76.6 75.8 77.0
Safeco Life Ins Co 8.2 8.2 20.5 25.2 13.1 81.8
Savings Bank Life Ins Co of MA 3.9 3.2 99.7 99.7 97.8 99.0
Security First Life Ins Co 1.5 15.1 0.0 0.0 0.0 0.0
Security Life of Denver Ins Co 2.2 3.3 75.1 79.3 84.5 76.5
Security Mutual Life of NY 9.3 9.1 90.3 89.3 90.1 89.7
Security-Connecticut Life Ins 11.0 10.4 82.9 84.2 81.6 82.6
Shelter Life Ins Co 8.2 7.5 85.4 87.7 86.4 85.0
Horace Mann Life Ins Co 90.4 $101,773 $104,932 $101,077
IDS Life Ins Co 76.4 276,725 254,554 242,140
Indianapolis Life Ins Co 89.5 313,291 274,806 226,390
Inter-State Assurance Company 69.6 96,109 93,421 92,102
Jackson National Life Ins Co 83.3 279,162 273,015 237,083
Jefferson Pilot Finl Ins 99.8 407,861 381,673 390,383
Jefferson-Pilot Life Ins Co 113.7 174,576 182,240 201,161
John Hancock Life Insurance 94.2 390,414 365,141 290,224
John Hancock Variable Life 64.2 401,310 326,172 307,390
Kansas City Life Ins Co 82.7 229,068 196,031 146,113
Knights of Columbus 96.5 53,252 47,014 48,234
Liberty Life Assur of Boston 90.0 116,196 113,357 113,321
Liberty Life Ins Co 88.5 27,376 23,044 22,134
Liberty National Life Ins Co 90.0 33,587 33,702 35,005
Life Investors Ins Co of Amer 86.0 149,347 136,680 108,870
Lincoln Benefit Life Co 74.5 390,385 303,536 309,795
Lincoln National Life Ins Co 72.8 630,530 452,495 247,635
Lutheran Brotherhood 88.2 129,148 133,325 113,457
Manufacturers Life Ins (USA) 87.1 1,238,662 1,008,116 935,041
Manufacturers Life of America 84.2 685,558 541,041 506,184
Massachusetts Mutual Life Ins 92.7 371,356 279,169 253,276
Metropolitan Life Ins Co 88.9 162,510 148,122 131,639
Midland Life Ins Co 78.9 445,887 363,805 292,254
Midland National Life Ins Co 90.8 197,902 149,400 115,225
Minnesota Life Ins Company 88.3 421,943 394,030 348,183
Modern Woodmen of America 85.4 58,087 50,731 50,240
Monumental Life Ins Co 89.4 26,405 26,867 26,764
MONY Life Insurance Co of Amer 81.3 276,969 279,734 204,908
National Benefit Life Ins Co 86.0 39,874 43,215 38,708
National Life Ins Co VT 91.7 389,577 333,946 317,435
National Western Life Ins Co 78.1 130,675 126,486 122,827
Nationwide Life & Annuity Ins 64.7 593,156 807,167 64,000
Nationwide Life Ins Co 81.3 252,694 204,905 134,663
New England Life Ins Co 89.7 308,758 301,226 259,100
New York Life Ins & Annuity 40.8 178,854 152,304 101,890
New York Life Ins Co 92.0 181,165 181,133 190,588
North American Co for L&H 81.2 276,354 291,819 341,345
North American Life & Hlth NY 81.3 254,556 247,297 264,591
Northwestern Mutual Life Ins 94.8 287,205 269,359 261,893
NYlife Ins Co of Arizona 0.0 531,298 520,812 0
Ohio National Life Assur Corp 87.7 386,705 359,979 327,210
Old Line Life Ins Co of Amer 87.3 238,311 198,086 177,066
Old Republic Life Ins Co 83.6 475,128 385,386 353,852
Pacific Life Insurance Company 81.5 710,454 606,488 516,200
Penn Mutual Life Ins Co 82.2 363,458 293,910 267,321
PHL Variable Ins Co 0.0 586,040 635,696 677,983
Phoenix Home Life Mutual Ins 91.1 494,875 409,486 368,381
Primerica Life Ins Co 88.9 271,208 260,789 229,412
Principal Life Insurance Co 93.0 305,477 272,375 238,228
Protective Life Ins Co 81.2 186,184 165,819 109,342
Provident Life and Accident 93.4 37,396 39,927 34,920
Provident Mutual Life Ins Co 97.7 436,323 387,120 371,086
Pruco Life Ins Co 80.1 186,614 178,796 92,935
Prudential Ins Co of America 87.9 159,610 150,488 136,593
ReliaStar Life Ins Co of NY 85.9 65,293 65,858 66,447
ReliaStar Life Insurance Co 76.7 241,728 224,681 154,293
Safeco Life Ins Co 34.4 393,924 270,675 214,681
Savings Bank Life Ins Co of MA 97.9 246,974 220,973 222,242
Security First Life Ins Co 0.0 312,180 314,695 0
Security Life of Denver Ins Co 80.9 519,720 556,878 251,703
Security Mutual Life of NY 87.5 73,864 147,937 181,835
Security-Connecticut Life Ins 82.6 355,321 337,729 270,923
Shelter Life Ins Co 86.9 75,448 70,953 65,347
Horace Mann Life Ins Co $101,818 $98,195 $54,045 $52,420
IDS Life Ins Co 231,207 220,277 175,926 164,104
Indianapolis Life Ins Co 181,851 167,938 111,325 98,099
Inter-State Assurance Company 98,676 116,475 98,947 99,490
Jackson National Life Ins Co 227,127 196,668 172,592 169,918
Jefferson Pilot Finl Ins 346,961 313,303 201,269 191,153
Jefferson-Pilot Life Ins Co 146,376 114,712 62,584 59,784
John Hancock Life Insurance 242,366 217,591 29,545 27,185
John Hancock Variable Life 261,268 200,979 181,641 156,732
Kansas City Life Ins Co 108,192 111,940 50,087 46,160
Knights of Columbus 46,072 41,756 26,423 25,238
Liberty Life Assur of Boston 97,600 89,572 63,819 59,574
Liberty Life Ins Co 20,983 17,955 14,190 14,013
Liberty National Life Ins Co 30,114 28,205 21,541 20,719
Life Investors Ins Co of Amer 90,530 89,437 72,578 67,229
Lincoln Benefit Life Co 317,666 238,274 275,971 262,626
Lincoln National Life Ins Co 191,686 121,506 76,978 53,390
Lutheran Brotherhood 105,419 102,238 48,908 46,873
Manufacturers Life Ins (USA) 281,078 181,286 166,486 152,082
Manufacturers Life of America 347,325 133,553 560,428 447,169
Massachusetts Mutual Life Ins 224,644 208,313 95,092 89,825
Metropolitan Life Ins Co 113,003 108,169 42,575 40,625
Midland Life Ins Co 312,394 305,585 264,505 238,531
Midland National Life Ins Co 109,244 108,761 97,607 91,361
Minnesota Life Ins Company 308,224 297,821 180,291 163,587
Modern Woodmen of America 48,394 43,386 33,286 31,404
Monumental Life Ins Co 30,226 28,931 16,319 15,969
MONY Life Insurance Co of Amer 181,681 169,708 219,463 179,744
National Benefit Life Ins Co 34,533 35,966 38,172 37,135
National Life Ins Co VT 283,371 274,375 138,301 130,110
National Western Life Ins Co 102,765 90,794 60,623 57,229
Nationwide Life & Annuity Ins 0 165,000 705,685 789,970
Nationwide Life Ins Co 115,248 98,334 81,126 66,538
New England Life Ins Co 238,298 195,331 244,883 224,525
New York Life Ins & Annuity 140,455 138,711 147,572 139,313
New York Life Ins Co 164,201 159,780 79,562 76,558
North American Co for L&H 331,932 346,024 245,708 243,189
North American Life & Hlth NY 259,192 260,797 217,460 212,364
Northwestern Mutual Life Ins 236,787 188,155 130,732 121,924
NYlife Ins Co of Arizona 0 0 528,034 522,113
Ohio National Life Assur Corp 299,955 294,562 229,799 206,063
Old Line Life Ins Co of Amer 129,426 111,050 125,198 108,072
Old Republic Life Ins Co 186,449 211,709 138,674 120,281
Pacific Life Insurance Company 453,529 438,429 314,308 277,571
Penn Mutual Life Ins Co 229,828 192,949 79,336 72,534
PHL Variable Ins Co 0 0 599,738 636,617
Phoenix Home Life Mutual Ins 326,229 303,653 64,917 70,291
Primerica Life Ins Co 207,668 196,135 181,653 175,485
Principal Life Insurance Co 212,724 208,744 105,488 98,755
Protective Life Ins Co 100,880 84,622 101,917 91,190
Provident Life and Accident 33,479 36,264 41,645 41,364
Provident Mutual Life Ins Co 317,484 259,378 111,293 100,864
Pruco Life Ins Co 45,415 46,089 78,758 69,648
Prudential Ins Co of America 101,977 97,724 32,474 31,104
ReliaStar Life Ins Co of NY 67,431 56,451 58,770 57,938
ReliaStar Life Insurance Co 145,966 132,376 26,990 82,410
Safeco Life Ins Co 308,547 161,466 171,675 131,936
Savings Bank Life Ins Co of MA 175,077 140,612 54,281 46,490
Security First Life Ins Co 0 0 313,074 314,963
Security Life of Denver Ins Co 164,975 220,920 69,506 70,861
Security Mutual Life of NY 179,598 181,510 106,942 120,014
Security-Connecticut Life Ins 255,432 230,070 224,171 204,844
Shelter Life Ins Co 62,949 64,490 50,443 47,776
Horace Mann Life Ins Co $51,087 $48,739 $46,951
IDS Life Ins Co 154,903 144,669 133,373
Indianapolis Life Ins Co 87,286 79,535 73,246
Inter-State Assurance Company 101,813 104,844 106,853
Jackson National Life Ins Co 166,300 163,495 161,542
Jefferson Pilot Finl Ins 198,067 190,362 167,006
Jefferson-Pilot Life Ins Co 57,100 52,137 48,884
John Hancock Life Insurance 24,392 23,155 20,872
John Hancock Variable Life 132,607 116,616 102,075
Kansas City Life Ins Co 42,984 41,254 39,298
Knights of Columbus 24,196 23,098 21,924
Liberty Life Assur of Boston 58,641 52,409 47,281
Liberty Life Ins Co 14,024 14,123 14,297
Liberty National Life Ins Co 19,957 18,946 18,313
Life Investors Ins Co of Amer 59,947 56,448 53,360
Lincoln Benefit Life Co 248,900 227,623 178,684
Lincoln National Life Ins Co 52,719 52,109 47,845
Lutheran Brotherhood 44,475 42,394 40,423
Manufacturers Life Ins (USA) 130,301 226,916 135,511
Manufacturers Life of America 387,607 301,065 219,475
Massachusetts Mutual Life Ins 84,373 79,638 77,575
Metropolitan Life Ins Co 38,381 36,531 34,931
Midland Life Ins Co 216,454 208,249 189,827
Midland National Life Ins Co 94,606 101,363 87,924
Minnesota Life Ins Company 151,701 140,591 130,926
Modern Woodmen of America 30,308 29,114 27,657
Monumental Life Ins Co 15,882 15,654 15,021
MONY Life Insurance Co of Amer 156,483 146,630 137,831
National Benefit Life Ins Co 34,517 31,999 30,243
National Life Ins Co VT 124,911 119,445 114,163
National Western Life Ins Co 51,569 47,757 44,972
Nationwide Life & Annuity Ins 90,542 87,000 85,271
Nationwide Life Ins Co 55,448 49,237 43,458
New England Life Ins Co 195,921 171,617 153,301
New York Life Ins & Annuity 129,543 128,228 124,742
New York Life Ins Co 73,228 68,232 64,020
North American Co for L&H 236,557 228,473 219,048
North American Life & Hlth NY 208,234 198,869 189,936
Northwestern Mutual Life Ins 112,599 102,170 92,694
NYlife Ins Co of Arizona 0 0 0
Ohio National Life Assur Corp 187,999 172,715 160,015
Old Line Life Ins Co of Amer 99,799 94,632 92,322
Old Republic Life Ins Co 93,982 73,044 77,269
Pacific Life Insurance Company 243,027 220,500 199,211
Penn Mutual Life Ins Co 67,261 63,428 60,234
PHL Variable Ins Co 677,983 0 0
Phoenix Home Life Mutual Ins 67,201 71,651 72,291
Primerica Life Ins Co 168,961 164,374 160,959
Principal Life Insurance Co 91,028 85,571 80,426
Protective Life Ins Co 75,354 65,038 57,074
Provident Life and Accident 40,139 40,290 41,681
Provident Mutual Life Ins Co 90,318 80,184 70,602
Pruco Life Ins Co 64,032 62,628 62,798
Prudential Ins Co of America 28,829 27,551 25,986
ReliaStar Life Ins Co of NY 57,896 57,655 57,256
ReliaStar Life Insurance Co 78,245 74,953 71,035
Safeco Life Ins Co 112,575 102,731 80,639
Savings Bank Life Ins Co of MA 39,536 33,182 29,553
Security First Life Ins Co 0 70,805 68,278
Security Life of Denver Ins Co 72,200 75,442 80,572
Security Mutual Life of NY 117,151 110,898 105,963
Security-Connecticut Life Ins 188,620 178,046 169,717
Shelter Life Ins Co 44,752 43,006 41,650
Southern Farm Bureau Life Ins 07053 $7,585,361 10.5 10.5
Southland Life Insurance Co 07060 4,265,968 6.1 7.0
State Farm Life & Acc Assur Co 07079 2,394,558 7.4 7.3
State Farm Life Ins Co 07080 66,461,677 8.2 7.1
Sun Life Assur of Canada USB 09867 4,142,540 3.3 4.1
Surety Life Ins Co 07109 1,779,981 13.5 9.0
Teachers Ins & Annuity Assoc 07112 4,482,497 5.7 5.7
Tennessee Farmers Life Reassur 09588 1,522,598 6.8 7.3
Transamerica Occidental Life 06848 59,812,822 9.4 8.4
Travelers Insurance Co 07330 4,756,616 7.7 8.3
Travelers Life & Annuity 08429 5,931,573 6.3 6.5
U.S. Financial Life Ins Co 08492 4,029,137 8.6 8.7
Union Central Life Ins Co 07150 2,317,191 6.0 6.5
United Investors Life Ins Co 07175 4,587,710 10.7 9.8
United of Omaha Life Ins Co 07164 12,420,814 10.2 9.6
United States Life Ins of NY 07192 3,110,378 9.1 7.4
USAA Life Ins Co 07146 15,355,641 2.9 2.2
Valley Forge Life Ins Co 07207 66,753,383 7.6 7.1
West Coast Life Ins Co 07222 10,612,852 7.1 8.0
Western & Southern Life Ins 07243 2,521,648 6.4 6.3
Western Reserve Assur of OH 07239 16,490,243 6.5 9.4
William Penn Life Ins Co of NY 06734 3,283,545 9.3 11.4
Woodmen of the World Life Soc 07259 3,206,828 7.2 6.8
Zurich Life Ins Co of Amer 07266 15,039,242 6.0 7.1
Total US LH Stook Companies $1,123,736,675 8.7 8.0
Total US LH Mutual Companies $442,535,056 7.6 7.8
Total US LH Legal Reserve Cos $1,565,271,731 8.4 7.9
Total US LH Fraternal Cos $24,869,591 5.6 6.0
Total US LH Industry $1,591,141,322 8.3 7.9
Southern Farm Bureau Life Ins 10.3 9.9 9.1 90.8 90.8 91.6
Southland Life Insurance Co 6.8 6.4 37.4 46.0 57.3 68.1
State Farm Life & Acc Assur Co 8.2 7.3 7.2 92.3 91.4 91.1
State Farm Life Ins Co 7.9 7.2 6.9 91.8 91.3 90.8
Sun Life Assur of Canada USB 3.7 4.4 22.2 92.3 93.3 92.2
Surety Life Ins Co 8.9 8.7 9.0 87.5 87.8 86.7
Teachers Ins & Annuity Assoc 4.3 3.9 3.9 102.7 108.3 101.6
Tennessee Farmers Life Reassur 6.1 7.8 6.7 92.1 90.0 91.8
Transamerica Occidental Life 9.5 9.6 9.5 81.6 83.9 91.7
Travelers Insurance Co 8.5 8.8 8.5 89.8 91.1 89.5
Travelers Life & Annuity 6.4 5.4 7.8 86.5 89.3 80.6
U.S. Financial Life Ins Co 10.6 7.5 8.1 81.7 82.4 72.4
Union Central Life Ins Co 7.4 7.9 8.6 76.5 87.3 86.6
United Investors Life Ins Co 8.4 7.7 8.0 77.6 91.8 91.2
United of Omaha Life Ins Co 11.4 12.0 12.2 87.2 87.8 86.2
United States Life Ins of NY 7.4 6.5 6.8 83.6 83.4 80.5
USAA Life Ins Co 2.1 1.8 1.7 68.9 43.4 95.1
Valley Forge Life Ins Co 2.1 3.8 2.5 82.9 82.5 79.4
West Coast Life Ins Co 10.4 12.3 14.5 41.9 75.0 47.7
Western & Southern Life Ins 6.3 5.3 6.2 90.5 90.1 90.2
Western Reserve Assur of OH 9.2 8.2 8.1 68.5 64.4 61.8
William Penn Life Ins Co of NY 10.4 11.6 12.3 82.8 84.3 79.7
Woodmen of the World Life Soc 6.9 7.0 6.8 78.4 83.3 81.4
Zurich Life Ins Co of Amer 8.8 6.9 7.6 89.0 87.7 87.3
Total US LH Stook Companies 8.3 8.6 9.8 77.4 78.7 77.6
Total US LH Mutual Companies 7.5 7.5 7.3 86.0 86.4 88.6
Total US LH Legal Reserve Cos 8.0 8.2 9.0 80.9 81.9 82.2
Total US LH Fraternal Cos 5.8 5.4 5.3 88.9 88.0 87.9
Total US LH Industry 8.0 8.2 8.9 81.1 82.1 82.3
Southern Farm Bureau Life Ins 89.6 91.6 $74,362 $73,650
Southland Life Insurance Co 66.3 67.7 354,052 337,030
State Farm Life & Acc Assur Co 91.4 89.3 85,450 81,012
State Farm Life Ins Co 91.0 89.0 88,488 87,097
Sun Life Assur of Canada USB 92.4 88.5 1,030,226 821,453
Surety Life Ins Co 85.1 83.9 192,680 103,845
Teachers Ins & Annuity Assoc 107.5 107.1 259,614 242,091
Tennessee Farmers Life Reassur 91.3 91.3 92,881 95,374
Transamerica Occidental Life 76.6 83.2 441,299 319,404
Travelers Insurance Co 86.4 89.7 279,292 174,126
Travelers Life & Annuity 72.6 -1.4 463,694 432,127
U.S. Financial Life Ins Co 78.3 77.9 298,543 166,848
Union Central Life Ins Co 86.6 87.0 354,744 297,829
United Investors Life Ins Co 94.0 94.1 146,446 148,131
United of Omaha Life Ins Co 86.6 86.1 65,166 58,201
United States Life Ins of NY 79.5 80.7 334,665 267,237
USAA Life Ins Co 95.4 94.9 229,957 220,440
Valley Forge Life Ins Co 82.5 83.3 405,067 205,892
West Coast Life Ins Co 53.9 53.6 360,173 346,030
Western & Southern Life Ins 90.2 90.5 32,749 28,940
Western Reserve Assur of OH 68.8 61.0 234,914 222,379
William Penn Life Ins Co of NY 78.6 79.6 433,014 428,892
Woodmen of the World Life Soc 85.5 81.7 53,187 38,913
Zurich Life Ins Co of Amer 80.7 87.5 220,110 229,529
Total US LH Stook Companies 80.3 87.7 $103,377 $93,027
Total US LH Mutual Companies 88.2 88.2 $149,296 $143,909
Total US LH Legal Reserve Cos 83.5 87.9 $113,216 $104,057
Total US LH Fraternal Cos 88.6 85.3 $64,523 $60,699
Total US LH Industry 83.6 87.9 $111,896 $102,812
Southern Farm Bureau Life Ins $67,400 $75,843 $66,908 $51,365
Southland Life Insurance Co 314,765 274,585 244,183 79,909
State Farm Life & Acc Assur Co 80,253 82,902 79,319 64,333
State Farm Life Ins Co 87,608 89,145 85,519 65,023
Sun Life Assur of Canada USB 774,236 560,186 490,973 24,377
Surety Life Ins Co 98,692 88,741 94,735 89,622
Teachers Ins & Annuity Assoc 189,034 195,663 187,902 170,061
Tennessee Farmers Life Reassur 83,155 79,672 70,300 70,393
Transamerica Occidental Life 253,899 291,081 288,849 69,589
Travelers Insurance Co 222,500 229,103 231,821 99,584
Travelers Life & Annuity 333,961 304,651 306,841 399,635
U.S. Financial Life Ins Co 171,546 166,774 167,948 193,199
Union Central Life Ins Co 244,888 193,207 190,038 99,502
United Investors Life Ins Co 129,020 106,025 92,089 113,291
United of Omaha Life Ins Co 48,642 41,069 34,499 36,350
United States Life Ins of NY 263,754 214,459 256,175 177,077
USAA Life Ins Co 215,601 193,049 191,369 171,884
Valley Forge Life Ins Co 303,857 290,079 306,258 193,711
West Coast Life Ins Co 312,378 320,437 270,548 174,697
Western & Southern Life Ins 25,531 23,736 21,194 13,691
Western Reserve Assur of OH 217,460 209,178 202,426 204,636
William Penn Life Ins Co of NY 394,626 378,487 373,312 205,900
Woodmen of the World Life Soc 40,427 41,361 40,423 33,814
Zurich Life Ins Co of Amer 215,815 231,833 241,935 201,895
Total US LH Stook Companies $86,916 $77,262 $71,361 $49,135
Total US LH Mutual Companies $131,921 $121,427 $113,920 $57,006
Total US LH Legal Reserve Cos $97,045 $87,058 $80,686 $51,251
Total US LH Fraternal Cos $58,029 $53,737 $50,689 $31,642
Total US LH Industry $95,905 $85,992 $79,701 $50,673
Southern Farm Bureau Life Ins $50,076 $48,659 $47,368 $44,240
Southland Life Insurance Co 71,623 58,731 50,702 45,597
State Farm Life & Acc Assur Co 61,974 60,213 58,257 55,832
State Farm Life Ins Co 62,866 61,003 58,944 56,883
Sun Life Assur of Canada USB 41,877 45,301 42,984 43,656
Surety Life Ins Co 89,343 88,339 87,440 87,648
Teachers Ins & Annuity Assoc 161,303 152,372 147,356 141,201
Tennessee Farmers Life Reassur 66,492 61,410 56,648 51,530
Transamerica Occidental Life 72,814 72,190 74,553 71,386
Travelers Insurance Co 95,796 94,004 92,491 90,401
Travelers Life & Annuity 367,211 320,408 303,900 283,677
U.S. Financial Life Ins Co 151,871 157,392 147,229 139,018
Union Central Life Ins Co 92,429 86,514 81,619 78,614
United Investors Life Ins Co 107,673 103,190 101,019 100,440
United of Omaha Life Ins Co 32,743 29,052 26,125 23,489
United States Life Ins of NY 172,579 167,150 153,894 143,597
USAA Life Ins Co 163,719 158,169 151,306 146,241
Valley Forge Life Ins Co 197,992 203,782 182,120 158,693
West Coast Life Ins Co 127,506 101,721 82,457 72,624
Western & Southern Life Ins 13,089 13,038 16,569 16,014
Western Reserve Assur of OH 192,884 182,100 167,226 149,565
William Penn Life Ins Co of NY 192,187 185,660 182,829 179,087
Woodmen of the World Life Soc 32,768 32,406 31,992 31,459
Zurich Life Ins Co of Amer 189,992 162,465 149,173 137,172
Total US LH Stook Companies $49,237 $48,231 $47,671 $45,775
Total US LH Mutual Companies $51,829 $50,583 $48,946 $45,862
Total US LH Legal Reserve Cos $50,025 $48,979 $48,090 $45,805
Total US LH Fraternal Cos $30,285 $29,042 $27,739 $26,386
Total US LH Industry $49,387 $48,261 $47,285 $45,010
Source: A.M. Best Co. database
[Graph graph, figure that shows relationships between quantities. The graph of a function y=f (x) is the set of points with coordinates [x, f (x)] in the xy-plane, when x and y are numbers. omitted] |
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