Pacific Guardian Life
A Hawaii-based life and annuity insurer - founded in 1961 in Honolulu and a wholly owned subsidiary of Japan's Meiji Yasuda Life since 1985 - carrying an A (Excellent) rating from AM Best, with a focused fixed-annuity shelf led by the Diamond Head MYGA.
Financial strength
A
AM Best
A+
S&P
AM Best A (Excellent)
Pacific Guardian Life carries an A (Excellent) Financial Strength Rating from AM Best with a stable outlook - the third-highest of thirteen categories.
Founded 1961
Founded in 1961 in Honolulu, Hawaii; a life, annuity, and accident insurer with more than six decades of operating history.
Meiji Yasuda-owned
A wholly owned subsidiary of Meiji Yasuda Life Insurance Company (founded 1881, Japan) since 1985 - global insurance scale behind a regional Hawaii carrier.
Diamond Head MYGA
Pacific Guardian Life's annuity lineup centers on the Diamond Head multi-year guaranteed annuity - a single-premium, fixed-rate accumulation contract.
Fixed-rate accumulation focus
A specialist principal-protection and tax-deferred accumulation issuer rather than a broad FIA/RILA/variable annuity platform.
Run live numbers on Pacific Guardian Life products
Choose a product type, then select a current product. The analyzer shows available values for your premium, age, state, and timing, and leaves out details that are not published for that selection.
MYGAs / Fixed Annuities
Selected product: Diamond Head MYGA
A fixed annuity group for buyers who want a declared guaranteed rate, principal protection, and tax-deferred growth.
Free Comparison Report
Get Pacific Guardian Life's current rate report
Compare Pacific Guardian Life's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Explore Pacific Guardian Life products
Pacific Guardian Life’s lineup, grouped by what each product group is built to do. Current rates come from CANNEX via AdvisorWorld and are checked daily.
Multi-Year Guaranteed Annuity
Fixed-rate contracts grouped separately from indexed annuities so guaranteed terms are compared on their own terms.
- Fixed-rate contracts grouped separately from indexed annuities
- Guaranteed term rates and surrender context live on each product page
Best for: Savers who want a declared fixed rate for a set period and a direct path to each product review.
Rates are pulled live from CANNEX via the AdvisorWorld data feed · 2026-07-16. Caps, payout rates, and guaranteed rates vary by state, premium band, and rider election — confirm current terms on each product page.
Free Comparison Report
Get Pacific Guardian Life's current rate report
Compare Pacific Guardian Life's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Find your fit
Start with the job for the money, then open the live Pacific Guardian Life product page that matches that goal.
Company overview
What Pacific Guardian Life is
Pacific Guardian Life Insurance Company, Limited (PGL), founded in 1961 and headquartered in Honolulu, Hawaii, is a life, annuity, and accident insurer with a distinct Hawaii identity and a growing national fixed-annuity footprint.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
Since 1985, PGL has been a wholly owned subsidiary of Meiji Yasuda Life Insurance Company, one of Japan's largest life insurers (founded 1881). Meiji Yasuda provides ownership context and financial backing while Pacific Guardian Life remains the legal issuing carrier behind its guarantees.
Acquired 1985 · AnnuityRatesHQ carrier research
Pacific Guardian Life's annuity lineup centers on Diamond Head MYGA.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld
Scale, labeled
Founded
1961
Founded in Honolulu, Hawaii; NAIC 64343, AMB 006883.
Founded 1961 · AnnuityRatesHQ carrier research
Parent
Meiji Yasuda
Wholly owned subsidiary of Meiji Yasuda Life Insurance Company (Japan) since 1985 (parent context, not policy guarantor).
Acquired 1985 · AnnuityRatesHQ carrier research
Structure
Stock insurer
Hawaii-domiciled life, annuity, and accident insurance company.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
AM Best
A (Excellent)
A Financial Strength Rating from AM Best, stable outlook (affirmed Nov 25, 2025).
Checked 2026-07-07 · AnnuityRatesHQ carrier research; AM Best
History highlights
Pacific Guardian Life Insurance Company, Ltd. was founded in 1961 in Honolulu, Hawaii.
Founded 1961 · AnnuityRatesHQ carrier research
In 1985 the company became a wholly owned subsidiary of Meiji Yasuda Life Insurance Company, gaining global parent context while retaining Hawaii-based leadership and identity.
Acquired 1985 · AnnuityRatesHQ carrier research
In recent years PGL expanded its fixed-annuity distribution beyond Hawaii - the Diamond Head MYGA anchors a more national fixed-rate accumulation story.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
On May 21, 2026, The Standard and Pacific Guardian Life announced a definitive agreement to transition The Standard's individual annuities business to PGL, with closing expected in early 2027 subject to regulatory approvals.
Announced 2026-05-21 · The Standard / Pacific Guardian Life transaction announcement
A Hawaii carrier in the Meiji Yasuda family
Pacific Guardian Life began in 1961 as a Honolulu-based life insurer serving families and businesses across Hawaii and, over time, select mainland states and Pacific territories.
Founded 1961 · AnnuityRatesHQ carrier research
In 1985 PGL became a wholly owned subsidiary of Meiji Yasuda Life Insurance Company, a large Japanese mutual life insurer. AM Best identifies Meiji Yasuda as the ultimate parent, but policyholder guarantees remain the obligation of Pacific Guardian Life as the legal issuing carrier.
Acquired 1985 · AnnuityRatesHQ carrier research
On May 21, 2026, The Standard and Pacific Guardian Life - both within the broader Meiji Yasuda family - announced a definitive agreement to transition The Standard's individual annuities business to Pacific Guardian Life. The transaction is expected to close in early 2027 subject to regulatory approvals and remains pending.
Announced 2026-05-21 · AnnuityRatesHQ carrier research; The Standard / Pacific Guardian Life transaction announcement
Financial strength
AM Best
CurrentA
Excellent Financial Strength Rating with a stable outlook (affirmed Nov 25, 2025) - the third-highest of thirteen AM Best categories.
Checked 2026-07-07
AnnuityRatesHQ carrier research; AM Best · current rating check
S&P
A+
A+ (Strong) rating referenced on the provider page, reflecting solid asset quality and disciplined risk management.
Checked 2026-07-07
What makes Pacific Guardian Life different
Hawaii roots, global parent
Founded in Honolulu in 1961 and owned by Japan's Meiji Yasuda Life since 1985, PGL pairs a distinctive regional identity with the financial backing of a large global insurance enterprise.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
A focused fixed-annuity issuer
Rather than a one-stop retirement platform, PGL is a specialist fixed-rate accumulation carrier - closer to dedicated MYGA issuers than to diversified FIA/RILA/variable annuity manufacturers.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
A clean principal-protection story
The Diamond Head MYGA is a single-premium deferred annuity built around principal protection, tax-deferred accumulation, and predictable guaranteed-rate periods - easy to explain without caps, spreads, or index menus.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
An expanding annuity platform
A pending 2026 agreement to absorb The Standard's individual annuities business (expected to close early 2027, subject to approvals) may materially expand PGL's annuity operations, distribution, and scale - a regional carrier becoming a more meaningful national player.
Announced 2026-05-21 · AnnuityRatesHQ carrier research; The Standard / Pacific Guardian Life transaction announcement
About Pacific Guardian Life
Pacific Guardian Life Insurance Company, Limited (PGL), founded in 1961 and headquartered in Honolulu, Hawaii, is a life, annuity, and accident insurer. Since 1985 it has been a wholly owned subsidiary of Meiji Yasuda Life Insurance Company, one of Japan's largest life insurers.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
PGL carries an A (Excellent) rating from AM Best with a stable outlook and focuses on principal protection and tax-deferred fixed accumulation through its Diamond Head multi-year guaranteed annuity.
Checked 2026-07-07 · AnnuityRatesHQ carrier research; AM Best
Pacific Guardian Life keeps its annuity lineup focused on Diamond Head, a fixed-rate annuity with multiple guarantee periods.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld
Free Comparison Report
Get Pacific Guardian Life's current rate report
Compare Pacific Guardian Life's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Sources
- Pacific Guardian Life corporate site — 2026-07-07
- AnnuityRatesHQ carrier research - Pacific Guardian Life overview, founded 1961, Meiji Yasuda ownership (1985), AM Best A (stable), S&P A+ — Checked 2026-07-07
- The Standard / Pacific Guardian Life transaction announcement (May 21, 2026) - pending transition of individual annuities business, expected close early 2027 — Announced 2026-05-21
- Live product catalog (Diamond Head MYGA), rates, terms, state availability: CANNEX Financial Exchanges via AdvisorWorld — Verified July 2026