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333 Guadalupe St. P.O. Box 149104 Austin, TX 78714-9104

MINNESOTA LIFE INSURANCE COMPANY

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Table of Contents
General Info | Contact Info | Types of Insurance | Use of Credit | Attorney for Service | Ratings | Financial Info | Premiums | Complaint Ratios | Company History | Company Officers

General Information:

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Type of Entity:  Authorized Company (AUTH)
Status of TX License:  Active
Company Status:  Normal Operations
License Number:  55650
License Type:  Life (LI)
NAIC Number:  66168
TDI Company Number:  55650
FEIN:  410417830
Home City/State:  MN
Origin:  Foreign
Date Incorporated/Organized:  08/06/1880
Date Licensed/Eligible/Registered in Texas:  05/22/1920
Date Cancelled/Ineligible/Inactive:  

Contact Information:

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Mailing Address:  400 Robert Street North
 Saint Paul MN 55101-2098
Office Number:  (651)665-3500
Toll Free Number:  
Fax Number:  (651)665-7938


Types of Insurance Licensed to Write:

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Use of Credit:

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To determine if a company uses credit information for private passenger automobile or homeowners insurance.


Attorney for Service:

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Rating By Financial Organization:

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The following organizations rate insurance companies on their financial strength and stability. Some of these companies charge for their services.



Financial Information:

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As of: Dec. 31, 2011 Dec. 31, 2012 Dec. 31, 2013
Total Assets   $25,661,555,429     $28,414,957,859     $33,154,406,628  
Total Liabilities   $23,624,421,637     $26,233,128,662     $30,824,726,627  
Asset to Liability Ratio   1.0     1.0     1.0  
Capital   $5,000,000     $5,000,000     $5,000,000  
Net Surplus   $2,032,133,792     $2,176,829,196     $2,324,680,000  
Total Life Ins   $759,863,045,000     $838,804,301,000     $952,508,501,000  


Premiums:

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As of: Dec. 31, 2011 Dec. 31, 2012 Dec. 31, 2013
Life and Annuities   $164,581,090     $253,590,011     $331,341,851  
Accident and Health   $15,246,087     $24,605,235     $27,035,310  
Property and Casualty   N/A     N/A     N/A  
Total Texas Premium   $179,827,177     $278,195,246     $358,377,161  
National Premium   $4,527,722,942     $5,054,634,595     $5,857,668,991  


Complaint Information:

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When considering the company's complaint index and ratio, be sure to review the company history information displayed below for recent acquisitions, mergers, or other events that may affect the figures displayed for this company.


  Dec 31, 2012 Dec 31, 2013 Apr 18, 2014
Confirmed Complaints:      
Life and Annuity 0 1 0
Accident and Health 0 0 0
Homeowner 0 0 0
Automobile 0 0 0
Workers' Compensation 0 0 0
Complaint Ratio/Index Ratio Index Ratio Index  
Life and Annuities .0000 .0000 .0001 .1879 N/A
Accident and Health .0000 .0000 .0000 .0000 N/A
Homeowner N/A N/A N/A N/A N/A
Automobile N/A N/A N/A N/A N/A
Workers' Compensation N/A N/A N/A N/A N/A

Confirmed Complaints: the number of confirmed complaints closed against the company for the line of insurance and year indicated. A complaint is confirmed if the department receives information indicating that a company committed any violation of an applicable state insurance law or regulation, a federal requirement the department has authority to enforce or the term or condition of an insurance policy or certificate. A complaint is also confirmed if the complaint and company's response, considered together, suggest that the company was in error or that the complainant had a valid reason for the complaint.

Complaint Ratios: the ratio, expressed as a percentage, is the number of closed confirmed complaints divided by the number of policies the company had in force for the line of insurance and year indicated.

Complaint Index: indicates how a company's ratio of the number of complaints to the number of policyholders compares to the average for all insurers. The index is calculated by dividing the company's percentage of complaints for a specific line of insurance by the company's percentage of the policies in force for the same line of insurance. The average index is 1.00. A number less than 1 indicates fewer complaints than average; a number greater than 1 indicates more complaints than average. For the most recent completed year, a given insurer's index may change over time, as policy count data is received by TDI. This will affect each insurer's percentage of the total.

Complaints against an insurance company are not part of the complaint tally above if the insurance company served only as a Third Party Administrator (TPA), a company hired simply to administer the paperwork of a health plan. Instead, they are included in the complaint record of the insurance company or HMO that hired the TPA. If a bonafide self-insured benefit plan hired the TPA, no complaint numbers are recorded as a part of the company/TPA's profile. Neither are profiles available for self-insured plans, as such plans are regulated under federal law.


Company History:

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Date Event
02-19-2013 PENALTY OF $5,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN ILLINOIS.
02-03-2004 EFFECTIVE 01/30/2004 REINSURED CERTAIN GROUP ANNUITY CONTRACTS OF PAN-AMERICAN LIFE INSURANCE COMPANY (64650) NEW ORLEANS, LOUISIANA
10-08-2001 EFFECTIVE 07/02/2001 REINSURED CERTAIN GROUP VARIABLE ANNUITY CONTRACTS OF FIRST ALLMERICA FINANCIAL LIFE INSURANCE COMPANY (79350) WORCESTER, MASSACHUSETTS
04-13-2000 PENALTY OF $18,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN ARIZONA.
11-04-1998 FORMERLY: MINNESOTA MUTUAL LIFE INSURANCE COMPANY, THE CONVERTED FROM A MUTUAL LIFE INSURANCE COMPANY TO A STOCK LIFE INSURANCE COMPANY.
03-31-1998 PENALTY OF $7,500 FOR VIOLATIONS FOUND DURING AN INVESTIGATION IN SOUTH DAKOTA.
01-06-1997 PENALTY OF $5,000 FOR SOLICITING THROUGH AN UNLICENSED AGENCY IN ALASKA.
04-08-1994 PENALTY OF $7,200 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN MARYLAND.
09-22-1993 EFFECTIVE 07/01/1993 REINSURED MINISTERS LIFE - A MUTUAL LIFE INSURANCE COMPANY (55500) MINNEAPOLIS, MINNESOTA
05-22-1920 GRANDFATHERED FOR CAPITAL AND SURPLUS REQUIREMENTS


Company Officers:

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Title Name
President ROBERT L SENKLER
Secretary DENNIS E PROHOFSKY
Treasurer DAVID J LEPLAVY