Pacific Life Releases 2020 Annual Report

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Jesse Page
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Pacific Life Releases 2020 Annual Report

NEWPORT BEACH, Calif. – April 12, 2021 – Pacific Life announced today the release of its annual company publications, including its 2020 Annual Report. The company publications are comprised of the Annual Report, Report to Members, Corporate Responsibility Report, Introduction to Pacific Life, Pacific Life Profile, and Investment Quality Review.

Key business highlights in the 2020 Annual Report include:

$191 billion in company assets and $1.2 trillion in life insurance in force
1^st in indexed universal life and universal life insurance sales
4^th in total life insurance sales
$9.3 billion in retirement solutions sales and $2.3 billion in pension risk-transfer sales
$3 billion in insurance and annuity benefits paid in 2020
$8.25 million in company and Pacific Life Foundation charitable contributions

To view the Annual Report, please visit paclife.co/AR20. The Corporate Responsibility Report, Introduction to Pacific Life, Pacific Life Profile, and Investment Quality Review, are available at www.PacificLife.com and the Report to Members can be found at www.PacificMutual.com.

About Pacific Life
For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2021 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial strength ratings, visit www.PacificLife.com.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2020 is compiled by Pacific Life using the 2020 FORTUNE 500^® list.

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