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The Penn Mutual Life Insurance Company Extends Track Record Of Financial Strength

Retrieved on: 
Wednesday, January 18, 2023

HORSHAM, Pa., Jan. 18, 2023 /PRNewswire/ -- The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, is proud to continue the company's storied foundation of financial strength. In 2022, five of the world's top rating agencies affirmed strong ratings, including recent ratings of AA (Very High Quality) from Kroll Bond Rating Agency (KBRA) and AA- (Very Strong) from Fitch Ratings in November and an A+ (Strong) rating from S&P Global Ratings in December. In addition, the company announced a record dividend payout in 2023.

Key Points: 
  • HORSHAM, Pa., Jan. 18, 2023 /PRNewswire/ -- The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, is proud to continue the company's storied foundation of financial strength.
  • "We're proud our financial strength is recognized by ratings agencies and rewarded with another record dividend payout."
  • Penn Mutual's commitment to mutuality has been a cornerstone of the company's financial strength since its founding in 1847.
  • The recent announcement of the 2023 dividend payout extends the company's long track record of delivering strong performance and value to policyholders.

Record Sales and Capital, Strategic Progress Drive MassMutual’s Exceptional 2021 Growth and Performance

Retrieved on: 
Monday, February 28, 2022

For the year ended December 31, 2021, sales of its core protection product, whole life insurance2, grew 25 percent to a record $767 million.

Key Points: 
  • For the year ended December 31, 2021, sales of its core protection product, whole life insurance2, grew 25 percent to a record $767 million.
  • The company also approved a record estimated dividend payout of nearly $1.85 billion to eligible participating policyowners in 2022.
  • 2 Sales are classified as weighted sales, which are based on weighted annualized new premium, with single premium payments weighted at 10 percent.
  • 5Annuity sales include Great American Life Insurance Company annuity sales of $2.4 billion from the first 5 months of 2021, before MassMutual acquired it.

Welltower Announces the Completion of Two Next Generation Medical Office Buildings Leased to Atrium Health

Retrieved on: 
Wednesday, April 28, 2021

b'CHARLOTTE, N.C. and TOLEDO, Ohio, April 28, 2021 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) announced today the completion of two recently developed medical office buildings in Charlotte, NC, totaling over 280,000 square feet.

Key Points: 
  • b'CHARLOTTE, N.C. and TOLEDO, Ohio, April 28, 2021 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) announced today the completion of two recently developed medical office buildings in Charlotte, NC, totaling over 280,000 square feet.
  • The properties were delivered in March 2021 and master leased to Atrium Health (Moody\'s: Aa3; S&P: AA-) under a 15-year triple-net lease.
  • The next-generation care provided by Atrium through these facilities will have meaningful and long-term benefits for the population it serves.
  • "The state-of-the-art facilities will serve as an anchor to the mixed-use campus which is located adjacent to Atrium Health\'s flagship Carolinas Medical Center.

Quanta Services Announces Pricing of Senior Notes Offering

Retrieved on: 
Thursday, September 17, 2020

HOUSTON, Sept. 17, 2020 /PRNewswire/ --Quanta Services, Inc. (NYSE:PWR) announced todaythe pricing of its offering of $1.0 billion aggregate principal amount of 2.900% senior notes due 2030.

Key Points: 
  • HOUSTON, Sept. 17, 2020 /PRNewswire/ --Quanta Services, Inc. (NYSE:PWR) announced todaythe pricing of its offering of $1.0 billion aggregate principal amount of 2.900% senior notes due 2030.
  • The offering is expected to close on September 22, 2020, subject to the satisfaction of customary closing conditions.
  • The notes received investment grade credit ratings of BBB- from S&P Global Ratings and Baa3 from Moody's Investors Service.
  • Quanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, pipeline, energy and communications industries.