This robust ratio underscores Equitable’s well-capitalized place to satisfy its guarantees to purchasers immediately and sooner or later. In 2023, Equitable paid out $1.1bn in claims and advantages to its purchasers and distributed over $104m in dividends to purchasers holding taking part complete life contracts.
Equitable skilled development momentum throughout all three strains of enterprise, with complete premiums and deposits escalating to $2.6bn, marking a 19 p.c enhance from the earlier yr.
“Development momentum is vital for our success,” remarked Fabien Jeudy, President and CEO of Equitable.
In line with the discharge, the corporate’s dedication to providing helpful, easy, and complete options was evident within the steady enhancements to its merchandise, together with the introduction of a First Dwelling Financial savings Account (FHSA) resolution, EZBenefits® for small companies, and up to date taking part complete life insurance coverage options.
Within the fall of 2023, Equitable launched a brand new model to mirror its dedication to purchasers. The brand new model incorporates a brand with a stylized ‘e’ encircled, symbolizing the corporate’s concentrate on purchasers. A ribbon component within the model design represents the purchasers’ life journeys, illustrating Equitable’s dedication to supporting purchasers by all levels of life.
