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fixed annuities

Insurance Company Details

MassMutual Ascend Life Insurance Company

Company Profile

Company Information

Great American Life was acquired by MassMutual on May 28, 2021 and rebranded to MassMutual Ascend Life Insurance Company on October 3, 2022. They continue to operate as an independent subsidiary of MassMutual, which allows them to stay focused on serving the unique needs of their customers, while leveraging the investment capabilities and financial strength of MassMutual. Prior to being acquired by MassMutual, Great American Life Insurance Company was wholly or majority owned by American Financial Group since 1973. The company is licensed in 49 states and the District of Columbia. It primarily writes both qualified and non-qualified fixed annuity products. In 2006, Great American introduced fixed-indexed annuities and has ranked as a top provider of these retirement products ever since.

Assets and Liabilities

Ratings

A++
(1st of 15 ratings)
A+
(5th of 20 ratings)
Aa3
(4th of 21 ratings)
Not Rated
93
(percentile of rated companies)

Financial Data for the year ending December 31, 2022. Assets and Liabilities totals do not include amounts allocated to Separate Accounts. All ratings shown are current as of September 1, 2023