MassMutual Delivers Excellent 2025 Financial Results
SPRINGFIELD, Mass.--( BUSINESS WIRE)-- MassMutual today reported excellent financial results 1 for 2025, driven by strong sales, record operating earnings, and growth of its wealth management business. The company also maintained its position as a top provider of whole life insurance and continued to deliver exceptional policyowner value by approving its highest-ever policyowner dividend, while also making meaningful progress on its long-term strategy.
Financial performance highlights for the year ended December 31, 2025 include:
“In an economic landscape that brought both ongoing uncertainty and surprising resilience, MassMutual delivered another exceptional year in 2025,” said Roger Crandall, Chairman, President and CEO, MassMutual. “Rooted in mutuality and our long-term approach and led by our talented, passionate, and dedicated employees and financial professionals, we reached more people, achieved new records, and delivered strength, stability and solutions to the more than four million policyowners and customers who place their trust in us.”
Strategic Progress Highlights
In 2025, MassMutual continued to make significant progress on its long-term strategy and invest in its future growth. Key highlights included:
“With MassMutual celebrating its 175 th anniversary in 2026, we are not only honoring our legacy; we are strengthening it,” added Crandall. “From the moment we issued our first policy in 1851, MassMutual has stood behind people as they’ve faced challenges and pursued possibilities. We remain incredibly proud and humbled by the enormous responsibility people place in us, and we look forward to honoring their trust by building a company that will grow, endure, and help future generations secure their future and protect the ones they love.”
Capping MassMutual's successful financial results in 2025, the company continues to be recognized for its strong reputation and purpose-driven culture. The company reached No. 102 on the FORTUNE ® 500 in 2025 and most recently, was named a FORTUNE Most Admired company for the 25 th time. 6 Additionally, the Boston Globe named MassMutual a Top Place to Work in Massachusetts for the seventh straight year.
1 These are consolidated statutory results of Massachusetts Mutual Life Insurance Company and its U.S.-domiciled life insurance subsidiaries: C.M. Life Insurance Company, MML Bay State Life Insurance Company and MassMutual Ascend Life Insurance Company.
2 Includes total client assets for MML Investors Services, LLC and MassMutual Private Wealth & Trust as of 12/31/25.
3 Represents statutory net gain from operations before dividends and taxes, excluding realized gains and losses, as of 12/31/25.
4 Financial strength ratings for MassMutual and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company, are as follows: A.M. Best Company, A++ (Superior); Fitch Ratings, AA+ (Very Strong); Moody's Investors Service, Aa3 (High Quality); and S&P Global Ratings, AA+ (Very Strong). Ratings are current as of 3/1/26 and are subject to change.
5 The dividend and dividend interest rate are determined annually, subject to change and are not guaranteed.
6 From FORTUNE ©. FORTUNE Media IP Limited. All rights reserved. FORTUNE 500 (June 2025) and FORTUNE World’s Most Admired Company (February 2026) are registered trademarks of FORTUNE Media IP Limited and is used under license. FORTUNE is not affiliated with and does not endorse products or services of MassMutual.
About MassMutual (Massachusetts Mutual Life Insurance Company)
MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. Founded in 1851, the company has been continually guided by one purpose: we help people secure their future and protect the ones they love. With a focus on delivering long-term value, MassMutual offers a wide range of protection, accumulation, wealth management, and retirement products and services. For more information, visit www.massmutual.com.
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