| Mutual Company
Massachusetts Mutual Life Insurance Company (“MassMutual”) was founded in 1851 in Springfield, Massachusetts, USA.
As the name implies, Massachusetts Mutual Life Insurance Company is a mutual company and thus not publicly traded. This corporate structure helps to insulate member companies from some of the volatility of short-term stock price pressures, facilitating long-term planning and enabling them to better serve the interests of their business partners and customers.
For over 155 years, MassMutual’s business has been conducted on the basis of the highest ethical standards. With financial strength ratings among the highest of any company in the sector, MassMutual has shown itself to be a valuable business partner, for the present as well as for the future.
Financial Strength
MassMutual has a long history of pre-eminent financial stability. This reputation is confirmed by financial strength ratings among the best in this industry.
Financial Strength Ratings
|
|
A.M. Best Company |
A++ (Superior) |
|
|
Fitch Ratings | AAA (Exceptionally Strong) |
|
|
Moody's Investors Service | Aa1 (Excellent) |
|
|
Standard & Poor's | AA+ (Very Strong) |
Ratings are subject to change. This information is current as of April 2008. The ratings given above are only for Massachusetts Mutual Life Insurance Company, MML Bay State Life Insurance Company and C.M. Life Insurance Company, all of which are licensed to conduct insurance business in the U.S. The above-mentioned ratings are not for any other company in the MassMutual Financial Group. The above-mentioned ratings are not for MassMutual Europe S.A.
Member companies of the MassMutual Financial Group include:
MassMutual Financial Group
Performance Indicators
(as of 31st December 2007)
Results of the MassMutual Financial Group
(in millions US$)
| |
|
2007 |
2006 |
2005 |
2004 |
|
|
|
|
|
|
| |
Assets under management |
505,445 |
456,000 |
396,000 |
326,000 |
| |
Income before taxes (and before reserves) |
201 |
810 |
753 |
651 |
Assets under management
(in billions)
A solid reputation over its 155-plus years and a dedication to serving the needs of its customers has helped Massachusetts Mutual Life Insurance Company establish and maintain long-standing relationships – at the end of 2007, more than 1.8 million policies had been in force with MassMutual for more than 50 years.
|