A Pan-American Life Insurance Group Stock Company

Company News

September 5, 2023
Attention Florida Residents

Due to Hurricane Idalia, any FL policyholders who received a Notice of Policy Lapse 8/22 or later, may disregard this notice & will automatically have their premium due date extended until a date after 10/31. They will be notified by subsequent premium notice.

January 1, 2023
Pan-American Life Insurance Group Announces Merger of Mutual Trust Life Insurance Company into Pan-American Life Insurance Company

Fully Integrated Division to be Named Mutual Trust Life Solutions

January 1, 2023 – New Orleans, LA—Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, today announced that Mutual Trust Life Insurance Company®, a Pan-American Life Insurance Group Stock Company, was merged into Pan-American Life Insurance Company (PALIC) as a fully integrated division to be named Mutual Trust Life Solutions.

“This move further strengthens our position as a premier life, accident and health insurance provider in the Americas,” said José S. Suquet, Chairman of the Board and CEO of Pan-American Life Insurance Group. “As a result of this merger, the Louisiana domiciled Pan-American Life Insurance Company has become a larger organization with greater financial strength, a sterling ratings profile and enhanced growth opportunities.”

Mutual Trust will continue to operate from its existing offices in Oak Brook, Illinois, with no resulting changes to distribution channels or product portfolio. The global headquarters of Pan-American Life will remain in New Orleans, Louisiana and Bruce Parker, President for Global Life will continue to lead PALIG’s Life business. Mutual Trust’s current President and Chief Operating Officer, Geri Gaughan, will continue to lead Mutual Trust Life Solutions. Luke Cosme, current Senior Vice President Sales and Marketing will continue to lead the sales organization.

Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas that has been delivering trusted financial services since 1911. The New Orleans-based Group is comprised of more than twenty-member companies, employs more than 2,100 worldwide and offers top-rated individual and/or group life, accident and health insurance, employee benefits and financial services in 49 states, the District of Columbia (DC), Puerto Rico, the U.S. Virgin Islands, and throughout Latin America and the Caribbean. The Group has branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Panama, and 13 Caribbean markets, including Barbados, Cayman Islands, Curacao and Trinidad and Tobago. For more information, visit the Pan-American Life website at palig.com, like us on Facebook @PanAmericanLife, follow us on Twitter @PanAmericanLife, and connect with us on LinkedIn at Pan-American Life Insurance Group.

Marta C. Reeves
Pan-American Life Insurance Group

Isabel Abislaiman

More about Mutual Trust

Annual Report

Find an Insurance Representative


Form No. 190