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AM Best Assigns Issue Credit Rating to Massachusetts Mutual Life Insurance Company's New Surplus Notes
Massachusetts Mutual Life Insurance Company (Mass Mutual). The outlook assigned to this Credit Rating (ratings) is stable. The proceeds from this debt issuance are expected to be ...
Source: BestWire   Date: June 16, 2026
Wellington to Acquire Hartford Investment Solutions Unit for $1.9 Billion
Going forward, the business will operate under the Wellington brand. The net present value of the transaction is estimated at $1.9 billion the companies said. Under the agreement, ...
Source: BestWire   Date: June 3, 2026
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MassMutual to Reinsure $16 Billion in Fixed Universal Life Policies With Nationwide
Massachusetts Mutual Life Insurance Co. will reinsure a block of fixed universal life policies that have a combined face value of $16 billion with Nationwide Mutual Insurance Co. ...
Source: BestWire   Date: May 29, 2026
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MS&AD Completes $1.44 Billion Stake Acquisition in Barings
Mitsui Sumitomo Insurance Co. Ltd. has completed its acquisition of an 18% equity interest in global asset manager Barings LLC. The investment was made through the acquisition of ...
Source: BestWire   Date: May 14, 2026
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MassMutual Sales Top $43 Billion in 2025; Life Protection Reaches Almost $1.1 Trillion
Massachusetts Life Insurance Co. said sales from domestic insurance operations topped $43 billion in 2025 and client assets in its wealth management solutions business grew to a ...
Source: BestWire   Date: March 2, 2026
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Pinion Insurance Launches With $180 Million Barings Commitment, Will Provide MGA Capacity
United Kingdom and Europe. Barings is a subsidiary of Massachusetts Mutual Life Insurance Co. In the United States, Pinion said it will secure nationwide excess and surplus license ...
Source: BestWire   Date: February 18, 2026
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International Growth, Lower Cat Losses Boost MS&AD Third-Quarter Profit
Insurance Group Holdings Inc. to post higher profit for the quarter ended Dec. 31. Fiscal third-quarter net income rose to ¥657.1 billion ($4.28 billion) from ¥626.0 billion a ...
Source: BestWire   Date: February 13, 2026
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MS&AD Changes Date for Launch of $1.44 Billion US Asset Management Arm
Insurance Group Holdings Inc. changed the date for the formation of a U.S. asset management subsidiary of its Mitsui Sumitomo Insurance affiliate to Dec. 23 from Nov. 19 as part of ...
Source: BestWire   Date: December 24, 2025
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Mitsui Sumitomo Takes $1.44 Billion Stake in MassMutual Asset Manager Barings
Mitsui Sumitomo Insurance Co. Ltd., MassMutual said in a statement. MassMutual said it will gain a strategic partner that shares its commitment. It will remain Barings' majority ...
Source: BestWire   Date: November 17, 2025
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AM Best Affirms Credit Ratings of Massachusetts Mutual Life Insurance Company and Its Subsidiaries
...Mutual Global Funding II. The outlook of these Credit Ratings (rating) is stable. (See below for a detailed listing of the Long-Term IRs and Short-Term Issue Credit Rating ...
Source: BestWire   Date: October 23, 2025
MassMutual Had $41 Billion in Sales From Domestic Insurance Operations in 2024
The Massachusetts Mutual Life Insurance Co. said life insurance protection in force surpassed $1 trillion in 2024 and it paid out an all-time high of $9.4 billion in insurance and ...
Source: BestWire   Date: March 4, 2025
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MassMutual Names Head of Financial Professionals Network
Massachusetts Mutual Life Insurance Co. named Joe Mallee to serve as head of MassMutual Financial Advisors, succeeding John Vaccaro, who will retire after nearly two decades with ...
Source: BestWire   Date: February 28, 2025
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New York Life, Other Mutual Life Insurers See Value in Boosting 2025 Dividends
Life long-term care policies. "A rising tide lifts all boats in that regard," said Erik Anderson, senior vice president and chief actuary with New York Life. "Companies have been ...
Source: BestWire   Date: February 14, 2025
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Successor Named as MassMutual CFO Retires
Massachusetts Mutual Life Insurance Co. said Chief Financial Officer Betsy Ward will retire after three decades with the carrier, and former Thrivent Financial executive Mary Jane ...
Source: BestWire   Date: November 12, 2024
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MassMutual Labor Filing Warns of Haven Technologies Closure
Underwriting entities of Massachusetts Mutual Life Insurance Co. have current Best's Financial Strength Ratings ranging from B++ (Good) to A++ (Superior). (By Terrence Dopp, senior ...
Source: BestWire   Date: October 25, 2024
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AM Best Affirms Credit Ratings of Massachusetts Mutual Life Insurance Company and Its Subsidiaries
...Mutual Global Funding II. The outlook of these Credit Ratings (rating) is stable. (See below for a detailed listing of the Long-Term IRs and Short-Term Issue Credit Rating ...
Source: BestWire   Date: September 20, 2024
MassMutual Names Former American Express VP to Cybersecurity Role
...Mutual has named Eric Boateng as its head of enterprise cybersecurity. Boateng will lead the company's cybersecurity risk and cyberrisk management strategies, the company said in a ...
Source: BestWire   Date: May 23, 2024
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MassMutual Expands Use of Genetic Testing by Policyowners in Order to Abate Risk
Massachusetts Mutual Life Insurance Co. said it will expand genetic testing for policyowners. MassMutual will expand a partnership with United Kingdom-based health care and ...
Source: BestWire   Date: April 9, 2024
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MassMutual Reports a $2 Million Net Loss in Full-Year 2023 in Financial Report
Massachusetts Mutual Life Insurance Co. posted a net loss of $2 million in 2023, from the $698 million profit it reported for the prior year, according to a statutory statement of ...
Source: BestWire   Date: March 4, 2024
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MassMutual to Wind Down In-House Startup Haven Life Due to ‘Lack of Adoption’
Massachusetts Mutual Life Insurance Co. said it will wind down its Haven Life subsidiary, which focuses on direct-to-consumer term life policies written digitally without health ...
Source: BestWire   Date: November 9, 2023
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