Founded in 1868 in Sacramento as Pacific Life Mutual Insurance Company, Pacific Life initially focused on life insurance. As it grew it moved to San Francisco, but the company's headquarters were destroyed in the earthquake of 1906. Today, the company offers a diverse portfolio of financial and insurance services. It had $239 billion in assets under management in 2024 across consumer markets, institutional investors, workforce benefits, reinsurance, and retail investments. PIMCO, the global investment management firm founded by Pacific Life in 1971, became a subsidiary of Allianz in 2000. Pacific Life’s logo is a humpback whale leaping above the surface of the sea. The company’s foundation supports marine conservation.
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