Company Overview of Pacific Life Insurance Company
Pacific Life Insurance Company, together with its subsidiaries, provides various life insurance products, mutual funds, and investment advisory services in the United States. The company operates in three segments: Life Insurance, Retirement Solutions, and Aircraft Leasing. The Life Insurance segment provides various life insurance products, including universal life, variable universal life, survivor life, interest sensitive whole life, and corporate-owned life insurance, as well as traditional products, such as whole life and term life to the upper income and corporate markets. This segment distributes its products through regional life offices, marketing organizations, broker-dealer firms,...
700 Newport Center Drive
Newport Beach, CA 92660-6397
Founded in 1868
Key Executives for Pacific Life Insurance Company
Chairman and Chief Executive Officer
Chief Financial Officer and Executive Vice President
Senior Vice President of Operations
Compensation as of Fiscal Year 2014.
Pacific Life Insurance Company Key Developments
PACIFIC LIFE Presents at The 6th Annual FundForum USA, Oct-28-2014 03:30 PM
Oct 24 14
PACIFIC LIFE Presents at The 6th Annual FundForum USA, Oct-28-2014 03:30 PM. Venue: Mandarin Oriental Boston, Boston, United States. Speakers: Chris van Mierlo.
Pacific Life Insurance Adds Pacific Secure Income to Suite of Fixed Annuity Products
Sep 19 14
Pacific Life Insurance Company has announced the addition of Pacific Secure Income, a deferred income annuity, to its suite of fixed annuity products. Pacific Secure Income can provide clients a pension-like stream of guaranteed income that begins at a future date by using a portion of their assets now to guarantee income later in retirement. The longer clients delay taking income, the higher their future annuity income payments will be. Clients can choose to purchase with a single purchase payment, or build income at a pace that is comfortable for them through multiple purchase payments. Either way, they lock in a predictable, steady income stream at a future date for one life, two lives if they are spouses, or for a specified time period. Because life can be unpredictable, Pacific Secure Income provides flexibility by offering features that allow clients to take income sooner than originally planned, or defer and receive income later. Also, there may be two ways to access a larger portion of guaranteed income payments after income payments begin-either through accelerating monthly income payments or by making a lump-sum withdrawal. For clients concerned about the possibility of losing money in an income annuity when they die, Pacific Secure Income has several annuity income options that offer a 100% return of purchase payment(s) death benefit to loved ones if the client should pass away before income begins. It also makes available many options that offer a return of remaining purchase payment(s) or remaining guaranteed income payments if death occurs after income payments begin.
Pacific Life Insurance Announces New Office Building in Omaha, Nebraska
May 15 14
Pacific Life Insurance Company and Magnum Development Corp. have announced the development and construction of a new office building and parking structure in the greater Omaha, Nebraska area, in the US. The five-story, 125,000 square foot building will be located in Aksarben Village, a mixed-use development in midtown Omaha. The building will have 19,000 square feet of retail space on the ground floor to accommodate shops and restaurants with the remaining four floors available for office space. The building will be completed in Fall 2015 and will be supported by a new 880 stall parking structure that will be developed in conjunction with the project. The Omaha office serves as a regional business center supporting Pacific Life's Retirement Solutions Division and Life Insurance Division.
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