Pacific Life Insurance Co - Company Profile
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Pacific Life Insurance Co (Pacific Life), a subsidiary of the Pacific LifeCorp, is a provider of life insurance products, mutual funds and annuities. It offers term life insurance, universal life insurance, variable universal life insurance, indexed universal life insurance and universal life insurance with long-term care benefits. The company also offers fixed annuities, variable annuities, structured settlement annuities, pension risk transfer services, and investment products and services. The company, through these products and services, serves individuals, pension plans, small businesses and corporations. Pacific Life, through its subsidiaries, provides asset management, risk management, pension advisory, and reinsurance services. It operates in the US. Pacific Life is headquartered in Newport Beach, California, the US.
Headquarters
United States of America
Address
700 Newport Center Drive, Newport Beach, California, 92660
Website
www.pacificlife.com
Telephone
1 949 2193011
No of Employees
3,760
Industry
Financial Services
Revenue (2022)
$18.7B
Pacific Life Insurance Co premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Retirement Savings | Risk Management | Pacific Life |
| Life Insurance | Pension Risk Transfer Solutions | PGA Tour |
| Mutual Funds | Commercial Real Estate Finance | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In April, the company’s subsidiary Pacific Asset Management has been acquired by Aristotle Capital Management, LLC. |
| 2023 | New Products/Services | In April, the company introduced new Variable Universal Life Insurance (VUL) product. |
| 2023 | Contracts/Agreements | In March, the company and Franklin Templeton signed an agreement to jointly offer Lifetime Income Solutions. |
Competitor Comparison
| Key Parameters | Pacific Life Insurance Co | Massachusetts Mutual Life Insurance Company | New York Life Insurance Co | The Guardian Life Insurance Company of America | Pan-American Life Insurance Co Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Newport Beach | Springfield | New York City | New York City | New Orleans |
| State/Province | California | Massachusetts | New York | New York | Louisiana |
| No. of Employees | 3,760 | - | 11,388 | 9,000 | 2,100 |
| Entity Type | Private | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Darryl D. Button | Chief Executive Officer; President; Director | Executive Board | 2022 | - |
| Vibhu Sharma | Executive Vice President; Chief Financial Officer; Director | Executive Board | 2022 | - |
| Adrian S. Griggs | Chief Operating Officer; Director; Executive Vice President | Executive Board | 2017 | - |
| Bram Spector | Vice President; Chief Financial Officer | Senior Management | 2023 | - |
| Alessandro Papa | Executive Vice President; Chief Risk Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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