An announcement from José S. Suquet, Chairman of the Board, President and CEO

Message from the CEO

This is the beginning of a new and exciting era for Pan-American Life Insurance Group. I am pleased to announce that as December 31, 2012 PALIG has received regulatory approvals and has completed MetLife Alico assets acquisition in Antigua and Barbuda, and St. Kitts and Nevis, marking the completion of the transaction.

In early December 2012, the company announced it had completed its acquisition of MetLife assets and business in Dominica and St. Vincent and the Grenadines. Previously, the company announced the closing of the acquisition in Barbados, Grenada, Aruba, Curacao, Bonaire, St. Maarten, Cayman Islands, Costa Rica, Panama, St. Lucia and Trinidad and Tobago.

This transaction marks a significant milestone for PALIG and demonstrates the great strides we have made to establish PALIG as a leading insurance carrier in the Andean, Central American and Caribbean regions. Upon close, Pan-American Life will be ranked in the top three among life and/or health carriers in nearly all the markets in which we compete outside of the United States.

We will remain based in New Orleans, Louisiana and look forward to building on our 100-year commitment of providing trusted financial security to customers throughout the Americas.

We are excited about this growth milestone and believe the efforts of our combined teams will lead to significant opportunities and continued success.

To read more about the acquisition announcement, click here.