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Savings Bank Life Group
Massachusetts
70435
1907
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One Linscott Road
Woburn, MA 01801 |
The Savings Bank Mutual Life Insurance Company of Massachusetts (better known as SBLI) provides life insurance and annuity products to individuals and families in the United States. The company was founded in 1907 by Supreme Court Justice Louis Brandeis. In July 2017, the company completed its conversion from a stock insurance company owned by 30 shareholder banks to a mutual insurance company owned by its policyholders. Following the conversion, the company’s name was changed from The Savings Bank Life Insurance Company of Massachusetts to The Savings Bank Mutual Life Insurance Company of Massachusetts.
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$3,593,741,314
$3,379,000,006
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$214,741,308
106.36%
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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 June 1, 2023
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