October 26, 2014 5:46 AM ET

Insurance

Company Overview of Phoenix Life Insurance Company

Company Overview

Phoenix Life Insurance Company offers life insurance and annuity products through affiliated and non affiliated distributors in the United States. The company’s life insurance products include variable universal life, universal life, term life, and other insurance products. Its annuity products comprise variable and deferred annuities that are offered to the affluent and high-net-worth market. The company was formerly known as Phoenix Home Life Mutual Insurance Co. and changed its name to Phoenix Life Insurance Company in June 2001. The company was incorporated in 1851 and is based in Hartford, Connecticut. Phoenix Life Insurance Company operates as a subsidiary of The Phoenix Companies Inc....

One American Row

Hartford, CT 06102-5056

United States

Founded in 1851

Phone:

860-403-5000

Fax:

860-403-5344

Key Executives for Phoenix Life Insurance Company

Chief Financial Officer and Executive Vice President
Age: 53
Executive Vice President of Product and Operations
Age: 37
Senior Vice President of New Business
President of PXP Institutional Markets Group Ltd
Senior Vice President of Retirement Security and President of Private Client Group of Phoenix Investment Partners Ltd
Age: 62
Compensation as of Fiscal Year 2014.

Phoenix Life Insurance Company Key Developments

Phoenix Life Insurance Company Reports Un-Audited Statutory Earnings Results for the Second Quarter Ended June 30, 2014

Phoenix Life Insurance Company reported un-audited statutory earnings results for the second quarter ended June 30, 2014. For the quarter, the company reported a statutory net loss from operations of $4.6 million and a statutory net loss of $4.1 million for the quarter ended June 30, 2014, compared with a statutory net gain from operations of $43.8 million and statutory net income of $47.6 million for the quarter ended March 31, 2014. The change was driven by less favorable mortality, higher expenses and lower net investment income. Year-to-date through June 30, 2014, PLIC had a statutory net gain from operations of $39.2 million and statutory net income of $43.5 million.

Phoenix Life Insurance Company Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2014

Phoenix Life Insurance Company reported unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported a statutory net gain from operations of $43.8 million and statutory net income of $47.6 million for the quarter ended March 31, 2014.

Phoenix Life Insurance Company (PLIC) Announces Unaudited Statutory Earnings Results for the Year Ended December 31, 2013

Phoenix Life Insurance Company (PLIC) announced unaudited statutory earnings results for the year ended December 31, 2013. PLIC reported a statutory net gain from operations of $79.8 million and a statutory net loss of $21.0 million for the year ended December 31, 2013. PLIC reported net investment income of $643.3 million for the year ended December 31, 2013. PLIC's statutory surplus and asset valuation reserve was $735.2 million at December 31, 2013.

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September 30, 2014
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