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Aetna Life Insurance Company

NAIC#
60054
AM BEST
S & P
Risk Based Capital
Not publicly disclosed in common consumer sources; RBC ratio typically confidential or available via statutory filings.

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Aetna Individual Life Insurance History (Founding → Today)

 Aetna’s roots go back to 1819 in Hartford, Connecticut, when Thomas Kimberly Brace helped found the Aetna (Fire) Insurance Company. In 1820, the company’s charter was revised to allow writing life insurance (alongside other lines), setting the stage for later individual life operations. (Wikipedia)

 Aetna’s dedicated life operation took shape mid-century. After early life activity through a subsidiary structure, the business was reorganized in 1853 as the Aetna Life Insurance Company, with Eliphalet Adams Bulkeley serving as its first president. From that point forward, Aetna Life became the primary platform for Aetna’s individual life insurance offerings for generations of policyholders. (Wikipedia)

 A major ownership change for Aetna’s individual life policies occurred in the late 1990s. On May 21, 1998, Aetna announced an agreement to sell its U.S. individual life insurance business to Lincoln National Corporation for $1 billion, structured via an indemnity reinsurance transaction (the “in-force block” moved to Lincoln). (SecDatabase) Additional historical summaries note the deal closing later in 1998. (Company Histories)

Who owns/services those old Aetna individual life policies now? In practical terms, they are associated with Lincoln Financial (Lincoln National) for ongoing policy service. To get help, use Lincoln Financial’s life insurance customer service / general inquiries resources and have your policy number and the insured/owner information available when you contact them. (lincolnfinancial)

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