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Affiliated Financial history
Affiliated Financial company history timeline
After a period of organization, National Life began selling policies in 1850 and it was just a matter of months before it faced its first claim.
Aetna Life Insurance Company was incorporated in Connecticut in 1853.
From 1861 Aetna began to expand its product range turning the company into a multiple-line insurer.
Equitable Life Insurance Company of Iowa was founded in 1867 by 15 prominent citizens of Des Moines, Iowa.
A lot has changed since 1875, but not our commitment to helping people achieve financial security and peace of mind.
Prudential becomes the name sponsor of Prudential Center, a state-of-the-art sports and entertainment venue, in Newark, the company's hometown since 1875.
ReliaStar’s predecessor Northwestern National Life Insurance Company (NWNL) was founded in 1885 in Minneapolis.
In 1888, co-founder F.M. Hubbell became president of the company.
In 1905, a group of Fort Wayne business leaders came together to create a life insurance company based on dependability, honesty and service.
February 1923 Travelers Insurance Company issues life insurance policy that becomes the oldest policy on our books when Brighthouse Financial launches 94 years later.
The Security Life of Denver Insurance Company was established in 1928 as a life and health insurer.
“The Hoosier Youth,” celebrated heroic bronze sculpture by Paul Manship, takes shape, 1932
In 1940, it expanded into reinsurance and group insurance.
1955 Lincoln celebrates the year as the ninth largest life insurance company in the United States.
In 1968, the company formed a broker-dealer affiliate, Equity Services, Inc.
1969 Lincoln National Corporation begins trading on the New York Stock Exchange and the Midwest Stock Exchange.
1973 Oil crisis begins
Furman Selz was founded in the United States in 1973 as a research-driven investment boutique.
Life of Georgia insurance company was acquired by Nationale-Nederlanden in 1979, resulting in a considerable increase in activities in the United States.
1987 Lincoln introduces MoneyGuard®, the first of its kind: an innovative universal life insurance product with a long-term care benefit rider.
August 1996 Metropolitan Life Insurance Company merges with the then-parent company of New England Life Insurance Company (NELICO); NELICO later becomes one of the insurance company subsidiaries of Brighthouse Financial, Inc.
In 1996, National Life purchased the majority interest in Life Insurance Company of the Southwest (LSW), purchasing the remaining interest three years later.
1998 Lincoln National Corporation introduces its new marketing name "Lincoln Financial Group" to increase its recognition as a financial services company.
The company continued to grow through acquisitions, including Pilgrim Funds, a mutual funds business acquired in 1999.
February 2001 MetLife, Inc. launches a third-party distribution model that is still used by the Brighthouse Financial insurance companies today.
Prudential becomes a public company on December 13, the first NY Stock Exchange IPO after the September 11, 2001 terrorist attack.
2001 Lincoln Financial Distributors is formed as the wholesaling distribution organization of Lincoln Financial Group.
2002 Lincoln Financial Group acquires the naming rights to the Philadelphia Eagles' new stadium, Lincoln Financial Field.
2005 Lincoln Financial Group celebrates its 100th anniversary Lincoln Financial Group named one of the 100 best companies to work for 19 out of 20 years by Working Mother magazine .
Prudential restores the annual dividend to its prior peak level of 2007.
2008 Marking Abraham Lincoln's 200th birthday, Lincoln Financial Group donates the Lincoln Museum Collection valued at over $20 million to the state of Indiana.
As part of the company’s “Back to Basics” effort, ING Group sold the United States group reinsurance business to Reinsurance Group of America, Inc. in January 2010.
April 2017 First commercial airs for the newly launched Brighthouse Financial brand.
August 2018 Brighthouse Foundation launches, offering financial support to non-profit organizations that work to improve the lives of people in each of our communities.
May 2019 Brighthouse Financial is included on the FORTUNE® 500 list for the first time, ranking number 342.
Ranked by 2020 admitted assets.
Financial data is as of June 30, 2021, rounded to the nearest $1 billion.
From FORTUNE © 2021 Fortune Media IP Limited.
© 2022 Brighthouse Financial, Inc.
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