Pacific Life Insurance is a financial services company helping individuals and families with their financial needs through a range of life insurance products, annuities, and mutual funds. It also offers a variety of pension plans and investment products and services to individuals and businesses.

Employee Rating

3.8More
TypeSubsidiary
Parent CompanyPacific Mutual
HQNewport Beach, CA, US
Founded1868
Websitepacificlife.com
Cybersecurity ratingBMore
Pacific Life was founded in 1868 and is headquartered in Newport Beach, CA, US
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Key People/Management at Pacific Life

Darryl Button

Darryl Button

President and CEO
Carol Sudbeck

Carol Sudbeck

Executive Vice President and Chief Administrative Officer
Adrian Griggs

Adrian Griggs

Executive Vice President and Chief Operating Officer
Kim Cunningham

Kim Cunningham

Senior Vice President and Chief Human Resources Officer
Tom Gibbons

Tom Gibbons

Senior Vice President, Corporate Strategy, Development, and Treasury
Howard Hirakawa

Howard Hirakawa

Senior Vice President, Investment Advisor Operations
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Pacific Life Office Locations

Pacific Life has offices in Newport Beach, Aliso Viejo, Lincoln, Omaha and in 1 other location
Newport Beach, CA, US (HQ)
700 Newport Center Dr
Aliso Viejo, CA, US
45 Enterprise
Lincoln, NE, US
777 Research Dr #219
Omaha, NE, US
6750 Mercy Rd 5th Floor
Westborough, MA, US
4400 Computer Dr
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Pacific Life Financials and Metrics

Summary Metrics

Founding Date

1868
Pacific Life is a subsidiary of Pacific Mutual

Pacific Life Revenue

Annual
USDFY, 2020FY, 2021

Net Income

(98.7m)861.0m
Quarterly
USDQ1, 2021Q1, 2022

Net Income

210.2m598.5m
Annual
USDFY, 2020FY, 2021

Cash

2.0b992.9m

PP&E

108.2m135.9m

Total Assets

159.3b178.1b

Total Liabilities

147.9b166.7b
Quarterly
USDQ1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

1.2b1.8b1.6b577.9m

PP&E

110.3m98.2m116.2m140.6m

Total Assets

162.1b168.5b170.3b177.6b

Total Liabilities

150.7b156.9b158.6b166.2b
Annual
USDFY, 2020FY, 2021

Cash From Operating Activities

3.5b3.8b

Cash From Investing Activities

(8.1b)(9.3b)

Cash From Financing Activities

3.0b4.4b

Net Change in Cash

(1.7b)(1.0b)
Quarterly
USDQ1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash From Operating Activities

180.3m655.9m1.3b116.7m

Cash From Investing Activities

(1.5b)(3.1b)(5.1b)(4.5b)

Cash From Financing Activities

445.9m2.3b3.5b4.0b

Net Change in Cash

(839.7m)(229.1m)(368.6m)(415.0m)
USDFY, 2020

Financial Leverage

14 x
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Pacific Life Operating Metrics

Jun, 2021May, 2022

Patent Applications (US)

11

Trademarks (US)

107109
Show all operating metrics

Pacific Life Acquisitions / Subsidiaries

Company NameDateDeal Size
Genworth Financial - Term Life New BusinesJune 24, 2016
Cadence Capital ManagementApril 25, 2016
Pacific Asset Holding LLC
Pacific Global Advisors LLC
Pacific Life & Annuity Company
Pacific Life Fund Advisors LLC
Pacific Life Global Funding
Pacific Select Distributors Inc

Pacific Life Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Pacific Life Online and Social Media Presence

Embed Graph

Pacific Life Company Culture

  • Overall Culture

    B+

    74/100

  • CEO Rating

    C+

    68/100

  • Compensation

    B+

    79/100

  • Diversity

    B

    77/100

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Pacific Life News and Updates

Pacific Life Announces Plans to Enter Workforce Benefits Market

Pacific Life today announced its intent to enter the workforce benefits marketplace. “Building a meaningful position in the workforce benefits market aligns well with our purpose to help consumers meet their future financial protection needs,” said Pacific Life Executive Vice President and Chief Ope…

Pacific Life’s Deferred Annuity Offering Enhances Retirement Income Program for Wespath

Pacific Life today announced a new collaboration with Wespath Benefits and Investments and WTW (formerly Willis Towers Watson) to provide the qualifying longevity annuity contract (QLAC) option in Wespath’s enhanced LifeStage Retirement Income program

Pacific Life Wins 2022 Gold Stevie® Award for Sales & Customer Service

Pacific Life’s Retirement Solutions Division (RSD)’s New Business Status Tracker tool was honored with a gold Stevie® Award at the 16th annual Stevie Awards for Sales & Customer Service in the new IVR or Web Service Solution category

Pacific Life’s Institutional Business Celebrates Second Anniversary

Formed in early 2020 to bring Pacific Life’s collection of products to the institutional space, including defined contribution lifetime income, stable value wrap, pension risk-transfer, and funding agreements, the institutional business recently celebrated its second anniversary. Posting more than $…

Pacific Life to Discontinue New Sales of Pacific PremierCare Choice and Pacific PremierCare Advantage Life Insurance Products

Effective May 2, 2022, Pacific Life’s Pacific PremierCare suite of products will no longer be available for new sales. This includes Pacific PremierCare® Choice one-year, five-year, 10-year, and lifetime premium whole life insurance products with long-term care (LTC) benefits1 and Pacific PremierCar…

Sustainalytics Releases 2021 Annual Review of Pacific Life’s Sustainable Bond Framework

Sustainalytics, which provides high-quality, analytical environmental, social and governance (ESG) research, ratings and data to institutional investors and companies, has released its first annual review of Pacific Life’s Sustainable Bond Framework and $800 million ESG bond issuance from April 2021…
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Pacific Life Frequently Asked Questions

  • When was Pacific Life founded?

    Pacific Life was founded in 1868.

  • Who are Pacific Life key executives?

    Pacific Life's key executives are Darryl Button, Carol Sudbeck and Adrian Griggs.

  • How many employees does Pacific Life have?

    Pacific Life has 3,419 employees.

  • Who are Pacific Life competitors?

    Competitors of Pacific Life include Securian Financial, John Hancock and Ladenburg Thalmann Financial Services.

  • Where is Pacific Life headquarters?

    Pacific Life headquarters is located at 700 Newport Center Dr, Newport Beach.

  • Where are Pacific Life offices?

    Pacific Life has offices in Newport Beach, Aliso Viejo, Lincoln, Omaha and in 1 other location.

  • How many offices does Pacific Life have?

    Pacific Life has 5 offices.