CARRIER MESSAGE
Message from Pacific Life
Chairman, President and CEO
Jim Morris
MARCH 17, 2020
The financial markets have recently undergone tremendous shifts due
to the uncertainties we are facing regarding the COVID-19 (Coronavirus)
pandemic and we realize that as a policyholder, you may have some concerns
about the security of your policy and of Pacific Life’s overall financial stability.
First, I want to reassure you that Pacific Life is well capitalized and continues to be financially strong in this
market environment. We have one of the highest risk-based capital (RBC) ratios in the industry, along with a
significant amount of capital and liquidity that will see us through even the most severe scenarios.
Pacific Life’s unique structure as a mutual holding company enables us to take a long-term view and make
investment decisions that benefit our policyholders, clients, and the long-term strength of the company.
Our financial stability continues to be monitored by independent rating agencies and we have consistently
achieved excellent ratings from these firms. Our current ratings are:
FINANCIAL STRENGTH RATINGS
Financial strength is an important consideration in choosing an insurance company
and is monitored by independent rating agencies.
We understand this is a challenging time. Please be assured that as events around the coronavirus situation
unfold, we are standing by to support you as we always have and are making all possible efforts to maintain
the service levels you have come to expect from Pacific Life. This includes keeping our team healthy and safe
via enhanced cleaning procedures throughout our facilities and activating business continuity plans to allow
our employees to work from home.
Thank you for your continued trust in Pacific Life. I’m confident in the strength of our company and our
efforts to prepare for the future.
Regards,
Jim Morris
More information about Pacific Life’s financial strength can be found on www.PacificLife.com.
www.nailba.org
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