February 01, 2015 7:05 AM ET

Insurance

Company Overview of Pacific Life Insurance Company

Company Overview

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

United States

Founded in 1868

2,837 Employees

Phone:

949-219-3011

Fax:

949-219-7614

Key Executives for Pacific Life Insurance Company

Chairman and Chief Executive Officer
Age: 54
President and Director
Age: 57
Managing Director
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

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

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

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.

Similar Private Companies By Industry

Company Name Region
Cortlandt Insurance Company United States
Merrill Lynch Life Agency Inc. (Montana) United States
Turrit Insurance, Inc. United States
American Annuity Group Capital Trust I United States
Midwestern Insurance Alliance, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Private Placement
April 8, 2014
Sovran Self Storage Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Pacific Life Insurance Company, please visit www.pacificlife.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.