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Pan-American Life Insurance Group Reports Record 2025 Results; Premiums Reached $1.86 Billion and Net Income Totaled $110 Million as Company Enters Its 115th Year

Business Wire

NEW ORLEANS--(BUSINESS WIRE)--
Pan-American Life Insurance Group (PALIG), a leading provider of life, accident, and health insurance throughout the Americas, today announced record financial results for the full year ended December 31, 2025*, marking the strongest performance in the company’s 115-year history.

For the year, total premiums reached a record $1.86 billion, up 8.0% year-over-year, reflecting strong momentum across core business lines. Pre-tax operating income (PTOI) increased to almost $115 million, while net income totaled $110 million, driven by sustained premium growth, favorable experience gains, and strong investment income. Total assets grew to $7.5 billion, and total GAAP equity increased 15% to $1.4 billion. GAAP equity, excluding accumulated other comprehensive income (AOCI), reached $1.5 billion, reinforcing PALIG’s capital position and financial flexibility.

PALIG’s growth trajectory continues to accelerate. After surpassing $1 billion in premiums in its first 105 years, PALIG nearly doubled that level within the subsequent decade — a pace that reflects both the strength of its platform and expanding market opportunities across its footprint.

“These results reflect our continued financial strength and disciplined execution,” said José S. Suquet, Chairman of the Board and Chief Executive Officer of Pan-American Life Insurance Group. “The Group remains well positioned, with one of the strongest management teams in the industry, a growing presence across the Americas, and a clear strategic path forward. Our mission has always been to be there when people need us the most, and these results demonstrate our ability to deliver on that commitment while continuing to build for the future.”

*Unaudited GAAP figures

ABOUT PAN‑AMERICAN LIFE INSURANCE GROUP (PALIG)

Founded in 1911 and headquartered in New Orleans, Pan‑American Life Insurance Group (PALIG) provides life, accident, and health insurance to more than 7.1 million customers across the United States, Latin America, and the Caribbean. Operating in 22 countries with more than 2,200 employees, PALIG holds a Financial Strength Rating of A (Strong) from Fitch Ratings and A (Excellent) from AM Best, PALIG delivers trusted financial protection and lifelong well-being. Learn more about how they are people you can trust for life at palig.com.