Development
MASSACHUSETTS MUTUAL LIFE INS CO
Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10). Good quality investment portfolio (6.0) despite mixed results such as: large holdings of BBB rated bonds but moderate junk bond exposure. Good Liquidity (6.5) with sufficient resources to handle a spike in claims as well as a significant increase in policy surrenders.
Other Rating Factors:
Weak profitability (2.0) with operating losses during the first three months of 2024. Strong capitalization (7.1) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors:
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (28.8%), group annuities (26.2%), ind health (2.8%), group life (0.4%), other (41.7%)
Licensed in:
All states, the District of Columbia and Puerto Rico
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Massachusetts Mutual Group
Investment Rating
--
Company Address
1295 STATE STREET
SPRINGFIELD, MA 01111
SPRINGFIELD, MA 01111
Phone Number
(413) 788-8411
NAIC Number
65935
Website
Largest Affiliates