Financial Strength

Strength and Stability

Keeping our promises since 1851

Headquartered in Hartford, Connecticut, Nassau has several insurance company subsidiaries including its flagship, Nassau Life and Annuity Company. These insurance companies became part of Nassau in 2016 and since then have improved in financial strength and liquidity.

  • $26.9 B Combined Assets
  • $1.1 B Total Adjusted Capital
  • 562,000 Policies and Contracts
  • 12,250 Licensed Agents
ASSETS, CAPITAL, AND POLICIES AND CONTRACTS AS OF 9/30/20.
Trading Floor

Ratings

AM Best Fitch
Rating B+ BB+
Most Recent Action November 7, 2019 April 22, 2020
Ranking 6th of 13 ratings levels 11th of 19 ratings levels

AM Best ratings apply to: Nassau Life Insurance Company, Nassau Life and Annuity Company, Nassau Life Insurance Company of Texas and Nassau Life Insurance Company of Kansas. Fitch ratings apply to Nassau Life and Annuity Company and Nassau Life Insurance Company. Ratings are current as of April 22, 2020. Ratings are a third-party measure of an insurer’s claims-paying ability. Ratings refer only to the financial overview of the company and are not a recommendation of specific policy provisions, rates, or practices of the insurance company. They do not indicate or guarantee any variable annuity or variable universal portfolio’s credit rating or performance. Rating agencies review rankings periodically and there is no guarantee that current rankings will be maintained in the future. For complete rating information, please contact us.

Statutory Statements

Nassau Life Insurance Company

  NNY Q3 2020

  NNY 2019

  NNY 2018

  PLIC 2017

PHL Variable Insurance Company

  PHL Q3 2020

  PHL 2019

  PHL 2018

  PHL 2017

Nassau Life and Annuity Company

  NLA Q3 2020

  NLA 2019

  NLA 2018

  PLAC 2017

Nassau Life Insurance Company of Texas

  NTX Q3 2020

  NTX 2019

  CLIC 2018

  CLIC 2017

Nassau Life Insurance Company of Kansas

  NKS Q3 2020

  NKS 2019

  PYR 2018

  PYR 2017

Note: Nassau Life and Annuity Company was formerly named Phoenix Life and Annuity Company.
Nassau Life Insurance Company was formerly named Phoenix Life Insurance Company.
Nassau Life Insurance Company of Texas was formerly named Constitution Life Insurance Company.
Nassau Life Insurance Company of Kansas was formerly named The Pyramid Life Insurance Company.