About Pacific Life

Financials & Investments

  

Pacific Mutual Holding Company 2012 Financial Summary1
Dollars in Millions 2012 2011 2010
Company Assets2 $123,697 $115,780 $115,141
Policyholder and Other Liabilities2 $114,198 $107,495 $108,158
Equity2,3 $7,412 $6,952 $6,403
Operating Revenues4 $7,250 $6,660 $5,785
Operating Income2,5 $722 $780 $576

Pacific Life Annual Reports Pacific Mutual Holding Company
Report To Members
2012 2012
2012 Annual Report 2012 Report to Members
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Interactive Version


Statutory Financial Information
   Pacific Life Insurance Company6        Pacific Life & Annuity Company7  
 
    

1 Based on accounting principles generally accepted in the United States of America (GAAP).
2 2011 and 2010 amounts were adjusted for the retrospective application of FASB Accounting Standards Update No. 2010-26, which amended accounting guidance applicable to costs associated with acquiring or renewing insurance contracts, and was adopted effective January 1, 2012. For additional information, see the 2012 Pacific Mutual Holding Company GAAP Consolidated Financial Statements available at www.PacificLife.com/financials.
3 Excludes accumulated other comprehensive income/loss and noncontrolling interest..
4 Excludes net realized investment gains/losses and other temporary impairments.
5 Excludes net realized investment gains/losses, other than temporary impairments, and discontinued operations, net of taxes, and excludes the impact of the 2011 change in accounting method for deferred policy acquisition costs, net of taxes.
6 Statutory financial information of Pacific Life Insurance Company is presented in conformity with statutory accounting practices (SAP), which are accounting practices prescribed or permitted by the Insurance Department of the State of Nebraska.  Pacific Life Insurance Company is domiciled in Nebraska.  SAP is a comprehensive basis of accounting that differs in certain significant respects from GAAP.
7 Statutory financial information of Pacific Life & Annuity Company is presented in conformity with statutory accounting practices (SAP), which are accounting practices prescribed or permitted by the Insurance Department of the State of Arizona. Pacific Life & Annuity Company is domiciled in Arizona. SAP is a comprehensive basis of accounting that differs in certain significant respects from GAAP.

The results for past accounting periods are not necessarily indicative of results to be expected for any future accounting period.