NU Online News Service, Feb. 23, 2004, 10:02 p.m. EST – The stock market rebound and strong domestic life sales helped Massachusetts Mutual Life Insurance Company, Springfield, Mass., increase its statutory profits 3.8% in 2003.[@@]
MassMutual is reporting $580 million in pretax net gain for 2003 on $20.1 billion in premiums and deposits, up from $559 million in pretax net gain on $17.7 billion in premium and deposits for 2002.