Pan-American Life Insurance Group Reports 2023 Financial Results with Solid Revenue Growth and Strong Operating Performance
Pan-American Life Insurance Group (PALIG), a leading provider of life, accident, and health insurance throughout the Americas, announced today financial results for the full year ending December 31, 2023*.
- Pan-American Life Insurance Group (PALIG), a leading provider of life, accident, and health insurance throughout the Americas, announced today financial results for the full year ending December 31, 2023*.
- In 2023, PALIG delivered another year of solid revenue growth and strong operational performance.
- Full-year operating revenue rose 7% to $1.31 billion while total premiums increased by 5% to $1.55 billion.
- Net income for 2023 was $63.7 million, reflecting 240% growth over 2022, which included certain one-time disposition costs.