Symetra
From Wikipedia, the free encyclopedia
| Type | Public |
|---|---|
| Traded as | NYSE: SYA |
| Industry | Insurance |
| Founded | Bellevue, Washington (2004) |
| Headquarters | Bellevue, Washington, USA |
| Key people | Randall Talbot Founder, Tom Marra CEO, Margaret Meister CFO |
| Products |
Retirement plans Employee benefits Annuities Life insurance |
| Revenue | US$ 2.1 billion (2012) |
| Net income | US$ 205.4 million (2012) |
| Total assets | US$ 29.5 billion (2012) |
| Employees | 1,250 |
| Website | www.symetra.com |
Symetra is a United States based family of companies providing retirement plans, employee benefits, annuities and life insurance through independent distributors nationwide. The main headquarters of the company is located in Bellevue, Washington. Started in 1957, Symetra Financial began as a subsidiary of Safeco. In 1967, the total amount of insurance in force for Symetra surpassed the $1 billion mark. By 1995, the total assets had grown to $10 billion. In 2004, Safeco sold its life insurance buinies to an investor group led by White Mountains Insurance Group and Berkshire Hathaway.[1] In 2010, Symetra began trading on the New York Stock Exchange. The company has nearly US$30 billion in assets.
References
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