Pan-American Life Insurance Group and Mutual Trust Financial Group have announced an agreement to combine their mutual insurance holding companies, which is intended to strengthen the combined company’s position as a life, accident and health insurer.

The combined company will continue to operate as a mutual insurance holding company with $1 billion in revenues, $5.5 billion in total assets, 1.5 million covered lives and 1,650 employees; it also will have $1 billion in total capital, enhancing its financial strength, the companies said.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access