New Orleansbased PanAmerican Life posts record $1.86B in premiums for 2025
Mar 04, 2026
KEY TAKEAWAYS:
Total premiums rose 8% to $1.86 billion in 2025
Net income reached $110 million; pre-tax operating income nearly $115 million
Total assets grew to $7.5 billion; GAAP equity increased 15% to $1.4 billion
Company marks strongest performance in its 115-year history
José S.
Suquet
Pan-American Life Insurance Group reported record financial results for 2025, with total premiums climbing to $1.86 billion and net income reaching $110 million as the company enters its 115th year in business.
The New Orleans-based insurer said total premiums rose 8% year over year for the period ended Dec. 31, driven by growth across its core life, accident and health insurance lines throughout the Americas.
Pre-tax operating income increased to nearly $115 million, while total assets expanded to $7.5 billion, according to unaudited GAAP figures released Monday. Total GAAP equity rose 15% to $1.4 billion. Excluding accumulated other comprehensive income, GAAP equity reached $1.5 billion, bolstering the company’s capital position and financial flexibility.
The results mark the strongest financial performance in the company’s history, reflecting sustained premium growth, favorable underwriting experience and strong investment income, the company said.
Chairman and CEO José S. Suquet attributed the gains to disciplined execution and long-term strategy.
“These results reflect our continued financial strength and disciplined execution,” Suquet said. “The Group remains well positioned, with one of the strongest management teams in the industry, a growing presence across the Americas, and a clear strategic path forward. Our mission has always been to be there when people need us the most, and these results demonstrate our ability to deliver on that commitment while continuing to build for the future.”
Pan-American Life said its growth has accelerated over the past decade. After exceeding $1 billion in premiums during its first 105 years, the company nearly doubled that figure in the subsequent 10 years, underscoring expansion across its regional footprint.
The performance comes amid continued demand for insurance and financial protection products across Latin America, the Caribbean and the United States, where the company maintains operations. The stronger capital base positions the insurer to pursue additional growth opportunities while maintaining stability for policyholders and distribution partners.
Founded in 1911, Pan-American Life provides life, accident and health insurance products throughout the Americas.
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