Pacific Life Releases 2023 Annual Company Publications

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- About Us Whether you’re protecting your loved ones or growing your assets, you’re highly invested in your financial future. And so are we. When you purchase life and retirement insurance, you’re buying a promise. A promise that today, tomorrow or ten years from now, we’ll be there. For nearly 160 years, we’ve fulfilled that promise. Our clients trust Pacific Life to protect what matters most to them—their families, their businesses, their futures.

Media Contact:
Jesse Page
(949) 219-4575
jpage@pacificlife.com

Pacific Life Releases 2023 Annual Company Publications

NEWPORT BEACH, Calif. – April 5, 2024 – Pacific Life announced today the release of its annual company publications, including its 2023 Annual Report and Report to Members.

Key business highlights in the 2023 Annual Report include:

Crossed the 1 million in-force member milestone;
$217 billion in company assets and $1.3 trillion in life insurance in force;
$495 million in recurring premium life insurance sales and $15.1 billion in annuity and mutual fund sales;
$12.3 billion in total assets under management from funding agreements and $2.4 billion in pension risk-transfer sales;
$18 billion in benefits payouts; and
$8.4 million in charitable contributions

To view the Annual Report, please visit https://paclife.co/AR23. The Report to Members can be found at www.PacificMutual.com.

About Pacific Life
Pacific Life provides a variety of products and services designed to help individuals and businesses in the retail, institutional, workforce benefits, and reinsurance markets achieve financial security. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative life insurance and annuity solutions, as well as mutual funds, that provide value and financial security for current and future generations. Supporting our policyholders for more than 150 years, Pacific Life is a Fortune 500 company headquartered in Newport Beach, California. For additional company information, including current financial strength ratings, visit www.PacificLife.com.

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