Massachussets Mutual Life Insurance Net Revenue

Massmutual Net Revenue 2014-2021

YearNet revenue (millions)
2021$30,459
2020$23,259  
2019$32,603
2018$32,484

In 2021, the net revenues of Massachussets Mutual Life Insurance increased to $30,459 million compared to $23,259 million in 2020. The company generated positive net income in 2021 compared to a net loss in the previous year. In 2021, it incurred a net loss of $310 million compared to a net income of $128 million in 2020. In 2021, its total sales in US amounted to $31 billion, the same as the previous year. Its US sales in 2019 remained $29 billion. The company paid $7 billion in insurance and annuity benefits in 2021. 

The following table shows the net revenues of Massachussetts Mutual Life Insurance from 2014 to 2018. Amounts are in $ billions.

Year Net revenues ($ billions)
2018$32.5 
2017$26.1 
2016$29.6 
2015$29.5 
2014$26.4 

Net revenue of Massmutual grew to $32.5 billion in 2018 from $26.1 billion in 2017.