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Profits at MassMutual soared 830% year-over-year in 2019, driven by growth in its life insurance, annuities, and customized business services offerings. On top of that, its total assets jumped 10%, to $280 billion, which the insurer credits to its diverse product offerings and investment approach. MassMutual is leveraging its strong financial position to pay the premiums for $3 billion worth of life insurance benefits for health care workers across the U.S. on the front lines of the coronavirus pandemic, effectively insuring them for free.
Lists ranking Massachusetts Mutual Life
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