Massachussets Mutual Life Insurance Net Revenue
Massmutual Net Revenue 2014-2021
Year | Net 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.