Our Financial Strength & Documents

    At MassMutual, we’ve followed a prudent investment strategy for over 160 years. This approach has given our policyowners confidence that we’ll deliver on our long-term commitments to them. And, this strategy has enabled us to consistently earn some of the highest financial strength ratings of any company in the industry.

    View our most recent Annual and Corporate Responsibility Report (PDF)

    Our Mutual Structure

    Through the most prosperous and turbulent of financial times, our mutual ownership structure has been the foundation of our business strategy. As a mutual company, MassMutual doesn’t have shareholders. We do business with the long-term interests of our customers and policyowners in mind, and we work every day to make decisions in order to meet their needs in the future.

    Because we’re a mutual company, our eligible participating policyowners have the opportunity to share in any dividends we declare. Although dividends are not guaranteed, we’ve paid dividends to our eligible participating policyowners consistently since the 1860s.


    Our Long-Term Investment Philosophy

    Being able to honor our commitments to our customers and policyowners is important to us. That’s why we’re proud our investment strategy helps position us to do so both now, and in the future. 

    Our investment strategy is built on diversification, prudent security selection and value. Because of it, we’ve been able to achieve solid long-term investment returns — even in unpredictable markets and challenging economic times.


    Identifying & Managing Risk

    Smart investors balance the risks they are taking against the possible rewards. At MassMutual, our Enterprise Risk Management team identifies and manages financial and non-financial risk. Everything from business trends to the capabilities of key competitors are evaluated as we gauge potential risk. We take a broad, comprehensive approach to help ensure we meet our customers’ needs.

    Our Financial Strength Ratings

    Financial strength ratings are a key indicator of a company’s ability to meet its financial obligations. We’re proud to have financial strength ratings among the highest of any company in any industry. Our strength and stability helps demonstrate that we’re helping people achieve their goals and protect the people who matter most. 

    •  A.M. Best Company: A++ (Superior; top category of 15)
    •  Fitch Ratings: AA+ (Very Strong; second category of 21)
    •  Moody's Investors Service: Aa2 (Excellent; third category of 21)
    •  Standard & Poor's: AA+ (Very Strong, second category of 21)

    Ratings apply to Massachusetts Mutual Life Insurance Company and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company. Ratings are as of 6/1/2015 and are subject to change.


    Financial Documents

    Statutory quarterly and annual statements (PDF)
    Massachusetts Mutual Life Insurance Company
         2015 Q1
         2014 Q1 Q2 Q3 Year End
         2013 Q1 Q2 Q3 Year End
         2012 Q1 Q2 Q3 Year End

    C.M. Life Insurance Company
         2015 Q1
         2014 Q1 Q2 Q3 Year End
         2013 Q1 Q2 Q3 Year End
         2012 Q1 Q2 Q3 Year End

    MML Bay State Life Insurance Company
         2015 Q1
         2014 Q1 Q2 Q3 Year End
         2013 Q1 Q2 Q3 Year End
         2012 Q1 Q2 Q3 Year End

    Separate account statements (PDF)
    Massachusetts Mutual Life Insurance Company
         2014 2013 2012 

    C.M. Life Insurance Company
         2014 2013 2012

    MML Bay State Life Insurance Company
         2014 2013 2012

    Statutory financial statements (PDF)
    Massachusetts Mutual Life Insurance Company
    and Subsidiaries
         2015 Q1
         2014 Q1 Q2 Q3 Year End
         2013 Q1 Q2 Q3 Year End
         2012 Q1 Q2 Q3 Year End

    Financial Summary to Consolidated Results (PDF)
         2014 Q1 Q2 Q3 Year End
         2013 Q1 Q2 Q3 Year End
         2012 Q1 Q2 Q3 Year End

    Internal Control Certification (PDF)
         2014  2013 2012

    Annual and Corporate Responsibility Reports (PDF)
         2014  2013  2012

    From the beginning, we’ve had a single purpose: to help people secure their future and protect the ones they love.

    Our History and Purpose
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