Headquarters: 601 Poydras St., New Orleans, LA 70130
http://www.palic.com

2009 Annual Revenue: $423 million

2009 Annual Net Income: $28.6 (up $5 million from 2008)

Key Officers: José S. Suquet, Chairman of the Board, President and Chief Executive Officer; Eugenio Magdalena, Executive Vice President-International; Carlos F. Mickan, Executive Vice President and Chief Financial Officer

Pan-American Life offers universal and term life insurance plans for individuals, as well as benefits packages to business owners.

Founded in 1911, Pan-American Life started as an idea on a boat trip delivering produce to the United States from Central and South America. Today, the company is licensed in 47 states and Puerto Rico, with affiliates in Colombia, Cayman Islands, Guatemala and Panama, as well as branch offices in Ecuador, El Salvador and Honduras.

Pan-American Life is also working to cater to the needs of the U.S. Hispanic population in addition to the clients in the U.S. and Latin America. With over seven million U.S. Hispanics originating from countries where Pan-American Life operates, the company is hoping to bridge the gap between Hispanics working in the U.S. and their families back home.

Pan-American life has future plans to expand its presence in Mexico, Peru and Costa Rica.

Sources: palic.com, Hoover’s

Compiled by Life Quotes, Inc. staff