Last $23.06 USD
Change Today +0.11 / 0.48%
Volume 573.0K
SYA On Other Exchanges
Symbol
Exchange
Berlin
New York
As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

777 108th Avenue NE

Suite 1200

Bellevue, WA 98004

United States

Phone: 425-256-8000

Fax:

ich are long-term in nature, are typically purchased for the benefit of an injured claimant to guarantee a fixed benefit stream and generally do not permit surrender or borrowing against the amounts outstanding under the contract. The company offers funding services to existing payees whose financial circumstances may have changed from the time they originally received a structured settlement. Distribution: The company distributes its SPIAs primarily through financial institutions and broker-dealers, with sales and marketing support provided by its wholesalers. Individual Life Division The company’s Individual Life Division sells life insurance products that focus on the creation and protection of its clients' wealth by providing products that protect against financial hardship or preserve wealth as part of an estate plan. The company offers universal life (UL) insurance products that may be designed to provide protection for the insured, and may include a buildup of cash value that can be used to meet the policyholder’s financial needs during lifetime. The company’s individual term life products provide life insurance coverage with guaranteed level premiums for a specified period of time, with little or no buildup of cash value payable upon lapse of the coverage. The company also offers institutional life insurance products to banks and other corporate institutions to insure the lives of their employees, usually officers and other highly compensated employees. Products UL Insurance: The company offers UL insurance products with a range of product features, which provide policyholders with death benefit coverage. The company’s Classic UL product offers the ability to accumulate assets on a flexible, tax-deferred basis with the option to access the cash value of the policy through a policy loan, partial withdrawal or full surrender. The company offers a lapse protection benefit rider for Classic UL, which offers guaranteed premiums while maintaining some cash accumulation value. Most of its UL products allow policyholders to adjust the timing and amount of premium payments. The company credit interest on policyholder account balances at a rate determined by it, subject to a contractually guaranteed minimum rate. The company’s UL products have provisions that allow crediting rates to be reset at contractually-defined intervals, subject to minimum crediting rate guarantees. Term Life Insurance: The company offers term life products that provide a guaranteed benefit upon the death of the insured while the coverage is in force. The company’s primary term life insurance products have guaranteed level premiums for initial terms ranging from 10 to 30 years. Institutional Products: The company’s institutional products include its fixed rate bank-owned life insurance (BOLI) and its variable corporate-owned life Insurance (COLI) products, which are commonly used by banks and other corporations as a tax-advantaged asset to fund employee benefit plans. The company’s BOLI product offers customers a highly stable, low-risk investment with an attractive annual after-tax equivalent return. The company’s variable COLI product allows customers to allocate premium into either a separate account or a fixed account. The separate account is divided into subaccounts that each invest in shares of a designated underlying mutual fund, and customers elect their investment allocations within these subaccounts. Distribution: The company offers its life insurance products primarily through retail channels, including brokerage general agents, financial institutions, independent agents, and financial advisers. The company also utilizes specialty agents to distribute its BOLI and variable COLI products. Regulation Variable annuity contracts and variable life insurance contracts (variable contracts) issued by the company’s insurance company subsidiaries are securities and unless offered pursuant to an exemption, are registered as such under the Securities Act of 1933 (the 1933 Act). As a result, the Securities and Exchange Commission (SEC) regulates their offer and sale. In addition, most such variable contracts ar

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SYA:US $23.06 USD +0.11

SYA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
American Equity Investment Life Holding Co $28.35 USD -0.54
American National Insurance Co $115.00 USD -0.12
Kemper Corp $35.09 USD +0.30
Primerica Inc $54.24 USD -0.28
StanCorp Financial Group Inc $69.51 USD +0.83
View Industry Companies
 

Industry Analysis

SYA

Industry Average

Valuation SYA Industry Range
Price/Earnings 10.7x
Price/Sales 1.2x
Price/Book 0.8x
Price/Cash Flow 10.6x
TEV/Sales 0.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SYMETRA FINANCIAL CORP, please visit www.symetra.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.