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Significant Events in Our History

1957The companies that would eventually become Symetra Financial begin as life insurance and investments subsidiaries of a Seattle-based Fortune 500 insurance company.
1959Enters the group insurance business.
1967Total amount of insurance in force passes the $1 billion mark.
1976Pioneers Medical Stop Loss insurance.
1982Begins offering universal life insurance.
1983Expands its Medical Stop Loss business with the acquisition of third-party administrator Employee Benefit Consultants Inc.
1984Tops $1 billion in assets.
1986Reaches $2 billion in assets.
1987Enters the New York market with the establishment of the company now known as First Symetra National Life Insurance Company of New York
1989Leads the way in automatic income distribution options.
1995Reaches $10 billion in assets.
1997Grows its individual life and fixed deferred annuity business with the acquisition of American States Life and WM Life.
1999Acquires $120 million of group Medical Stop Loss from ING. Three years later, it acquires another $225 million from Swiss Re.
2004Becomes an independent company when it’s purchased by an investor group led by White Mountains Insurance Group, Ltd., and Berkshire Hathaway Inc.
2007Further strengthens its Medical Stop Loss business with the acquisition of Medical Risk Managers Inc. Celebrates its 50th anniversary.
2008Surpasses $2 billion in total sales.
2010Symetra begins trading on the New York Stock Exchange.