Performance

Delivering Strength and Stability to Those We Serve

What Makes Our Company Remarkable

Our Financial Strength:

  • Nearly doubled our total adjusted capital over the past decade, to more than $33 billion.See footnote 3
  • More than $1 trillionSee footnote 4 of life insurance protection in force and ranked No. 102 on the FORTUNE® 500.See footnote 5
  • Paid an average of $26 million in insurance and annuity benefits each day in 2024.
  • Maintained financial strength ratingsSee footnote 1 that are among the highest in any industry.

Our Legacy of Mutuality:

  • Continued to operate our business with a long-term perspective that has enabled us to serve generations of families.
  • Approved a record estimated dividend payout of more than $2.5 billion to our eligible participating policyowners for 2025, the largest in our history.See footnote 2
  • The MassMutual Foundation partnered with local community members and organizations to help build financial resilience, leading to more opportunities for all.

Our Financial Professionals:

  • Deepened relationships with clients, listening to and meeting their needs while bringing passion and extensive knowledge to support them through every stage of life.
  • Delivered customized financial solutions and provided trusted guidance to help turn financial goals and aspirations into reality.
  • Leveraged research conducted by MassMutual to connect more Americans with the latest tools and solutions that holistically support their total well-being.

Our Approach:

  • Focused on connecting people and institutions with holistic financial solutions.
  • Invested in emerging technology to help our financial professionals build meaningful connections with clients.
  • Delivered on our commitments and generated long-term customer value.
  • Fostered a sustainable, flexible, and inclusive culture.
  • Offered a broad range of protection, retirement, and investment solutions to help clients meet their goals throughout the financial lifecycle, whether for protecting an individual, family, or business.
$2.5B estimated dividend payout to our eligible participating policyowners for 2025

Our Live Mutual Philosophy

Our Live Mutual philosophy — the idea that we can accomplish so much more together by helping and supporting one another — is embedded in everything we do.

This has been a guiding principle throughout our history, since 1851, when our 31 founders came together and pooled their money to start an insurance company that would help people in the region protect their fortunes as breakthroughs in manufacturing lifted more families into the middle class. With the support of our employees and financial professionals, we’ve stood by our clients for more than 170 years, in times of both great hardship and great prosperity.

A lot has changed since then, but the spirit of mutuality lives on and remains at the center of everything we do, guiding us along the way as we:

  1. Prioritize diversification, value, and a long-term approach to achieve strong returns for our clients.
  2. Harness the latest tools to support our financial professionals in delivering products of value to clients.
  3. Support the well-being of our employees and clients, to help them live happy, healthy lives for years to come.
  4. Build a culture that embraces change and takes deep pride in our purpose of helping people secure their future and protect the ones they love.
  5. Advance economic opportunities to help communities build a strong foundation for financial well‑being and resilience.
  1. Financial strength ratings for MassMutual and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company, are as follows: A.M. Best Company, A++ (Superior); Fitch Ratings, AA+ (Very Strong); Moody’s Investors Service, Aa3 (High Quality); and S&P Global Ratings, AA+ (Very Strong). Ratings are current as of March 1, 2025, and are subject to change.
  2. The dividend and dividend interest rate are determined annually, subject to change, and are not guaranteed.
  3. These are consolidated statutory results of Massachusetts Mutual Life Insurance Company and its U.S.-domiciled life insurance subsidiaries: C.M. Life Insurance Company, MML Bay State Life Insurance Company, and MassMutual Ascend as well as key subsidiaries (not included in Total Life Company Assets), as of December 31, 2024. Source: 2024 Consolidated Statutory Financial Statements.
  4. These are consolidated results of Massachusetts Mutual Life Insurance Company and its U.S.-domiciled life insurance subsidiaries: C.M. Life Insurance Company, MML Bay State Life Insurance Company, and MassMutual Ascend, as well as key subsidiaries, as of December 31, 2024.
  5. From FORTUNE. ©2025 FORTUNE Media IP Limited. All rights reserved. FORTUNE 500 (June 2024) is a registered trademark of FORTUNE Media IP Limited and is used under license. FORTUNE and FORTUNE Media IP Limited are not affiliated with, and do not endorse products or services of, MassMutual.
Next Section