Skip to Content
  • Previous Rank
    356
  • Revenues ($M)
    $38,243
  • Revenue Percent Change
    13.9%
  • Profits ($M)
    $1,425
  • Profits Percent Change
    7.4%
  • Assets ($M)
    $266,550
  • Employees
    11,593

After growing its financial advisor network to 5,800 last year, MassMutual has continued expanding its workforce. In February, it bought rival MetLife’s network of 4,000 life insurance agents for $300 million. That expansion appears to be paying off. Sales jumped 14% last year, pushing MassMutual up 18 spots on the Fortune 500. Still, low interest rates and market volatility contributed to a slight decline in the insurance company’s assets under management and fee income from overseeing those funds. Overall, though, profits rose 7% for the Springfield, Mass.-based company, not a bad performance in a tough market for insurers.

Company Information

CEO
Roger W. Crandall
Sector
Financials
Industry
Insurance: Life, Health (Mutual)
HQ Location
Springfield, MA
Employees11,593
Websitehttp://www.massmutual.com
Years on Global 500 List20

Massachusetts Mutual Life Insurance Rank History

placeholder

Key Financials (last fiscal year)

($ Millions)% change
Revenues ($M)$38,24313.9%
Profits ($M)$1,4257.4%
Assets ($M)$266,550-
Total Stockholder Equity ($M)$14,983-

Profit Ratios

Profit as % of Revenues3.7%
Profits as % of Assets0.5%
Profits as % of Stockholder Equity9.5%