Symetra
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(Redirected from Symetra Financial)
| Type | Public (NYSE: SYA) |
|---|---|
| Industry | Insurance |
| Founded | Bellevue, Washington (2004) |
| Headquarters | Bellevue, Washington, USA |
| Key people | Randall Talbot Founder and former President and CEO |
| Products | Retirement plans Employee benefits Annuities Life insurance |
| Revenue | US$ 1.5 billion (2008) |
| Net income | US$ 167.3 million (2008) |
| Total assets | US$ 19.9 billion (2008) |
| Employees | 1,150 |
| Website | www.symetra.com |
Symetra Financial 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 a Seattle-based Fortune 500 company. In 1967, the total amount of insurance in force for Symetra surpassed the $1 billion dollar mark. By 1995, the total assets had grown to $10 billion. In 2010, Symetra began trading on the New York Stock Exchange.
The company has nearly US$20 billion in assets. It is majority owned by an investor group led by White Mountains Insurance Group Ltd. and Berkshire Hathaway Inc.
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