October 31, 2014 6:50 AM ET


Company Overview of PHL Variable Insurance Co

Company Overview

PHL Variable Insurance Company provides life insurance and annuity products to affluent and middle market consumers in the United States. It offers universal life, variable universal life, and other life insurance products; and deferred, fixed, and variable annuities with various death benefit and guaranteed living benefit options. PHL Variable Insurance Company markets its products through independent agents and financial advisors. The company was incorporated in 1981 and is headquartered in Hartford, Connecticut. PHL Variable Insurance Company is a subsidiary of PM Holdings, Inc.

One American Row

Hartford, CT 06102

United States

Founded in 1981



Key Executives for PHL Variable Insurance Co

Principal Executive Officer
Age: 57
Chief Financial Officer and Executive Vice President
Age: 53
Senior Vice President
Age: 51
Executive Vice President and Assistant Secretary
Age: 62
Chief Accounting Officer and Senior Vice President
Age: 49
Compensation as of Fiscal Year 2014.

PHL Variable Insurance Co Key Developments

PHL Variable Insurance Co announced delayed 10-Q filing

On 08/08/2014, PHL Variable Insurance Co announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

PHL Variable Insurance Co announced delayed 10-Q filing

On 05/12/2014, PHL Variable Insurance Co announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

The Phoenix Companies, Inc. and PHL Variable Insurance Company Announce Settlement with SEC on Delayed Filings

The Phoenix Companies Inc. announced it has entered into a settlement agreement with the U.S. Securities and Exchange Commission regarding delayed filings for both the company and its subsidiary, PHL Variable Insurance Company. The settlement agreement provides that the SEC has instituted and settled administrative proceedings against the company and PHL Variable pursuant to Section 21C of the Securities Exchange Act of 1934, as amended. Phoenix reported on January 23, 2014 that it had been engaged in discussions with the SEC and had preliminarily agreed to an outline of the terms of a proposed settlement. In the administrative order filed on March 21, 2017, the SEC approved settlement terms that include filing timetables for Phoenix and PHL Variable, civil monetary penalties of $375,000 for each entity, and an order that each entity cease and desist from committing or causing any current or future violations of their respective reporting requirements and comply with the filing timetables. For Phoenix, the requirements are under Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13, and for PHL Variable, the requirements are under Section 15(d) of the Exchange Act and Rules 15d-1 and 15d-13.

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