Symetra

Symetra is a diversified financial services company founded in 1957 and headquartered in Bellevue, Washington. It sells retirement solutions, life insurance and employee benefits, largely through subsidiaries including Symetra Life Insurance Company and Symetra Investment Management, an SEC-registered investment advisory firm. The company reports approximately $68.4 billion in assets as of December 31, 2024 and serves some 2.3 million customers nationwide, placing it among the top 40 largest life insurance companies in the United States.

Its product line spans fixed, indexed and deferred annuities; term, permanent and group life insurance; disability and supplemental health coverage; and stop loss protection for employer-sponsored health plans. Symetra Investment Management manages roughly $78 billion in assets. Distribution runs through a national network of benefit consultants, insurance professionals and financial advisors.

Symetra is a wholly owned subsidiary of Sumitomo Life Insurance Company, a Japanese mutual life insurer with roots dating to 1907. The parent company is headquartered in Japan. More than six decades after its founding, Symetra holds strong financial strength ratings: an 'A' from both A.M. Best and Standard & Poor's, and 'A1' from Moody's.