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MassMutual Financial Group

Corporate
Massachusetts Mutual Life Insurance Company's fleet name is MassMutual Financial Group. The company is popularly known as MassMutual. It is a leading financial services provider, mainly focused on insurance with headquarters in Springfield, Massachusetts, in the United States. MassMutual was established in 1851.

MassMutual along with its subsidiaries has a customer base of nearly 13 million, globally.
Activities
MassMutual focuses mainly on providing insurance related services such as:
  • Life Insurance
  • Disability Income Insurance that helps:
    • Replace a portion of lost earnings
    • Provide return-to-work benefits
    • Protect the ability of employees to make retirement contributions


  • Long Term Healthcare
  • Annuities, both fixed and variable
  • Private Client Group comprising affluent customers who require specialized or customized services
  • Trust Services that allow implementation of wealth transfer plans
Performance
Overall, the company's 2005 results were good, which, according to MassMutual, is because it stuck to its fundamental strengths. Throughout the year, MassMutual's financial performance had a remarkable effect on its credit rating.
  • Standard & Poor- AAA (Extremely Strong)
  • Fitch Ratings - AAA (Exceptionally Strong)
  • AM best - A++ (Superior)
  • Moody's Investor Service -Aa1 (Excellent)
In 2005 fiscal year the assets under MassMutual's management were worth over $395 billion.


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