S&P raises Securian’s financial strength to AA- (Very Strong) with a stable outlook

March 6, 2018

Today, Standard & Poor’s (S&P) raised Securian’s financial strength rating to AA- (Very Strong) with a stable outlook. The rating and outlook apply to Securian Financial Group subsidiaries Minnesota Life and Securian Life.

The ratings upgrade reflects Securian’s diversified busines profile, strong GAAP operating performance and solid market position in the group life and indexed universal life markets.

S&P also noted that Securian has “shown solid retention in almost every segment, managing profitable growth while maintaining market share.” S&P also cited Securian’s “extremely strong capitalization, stable earnings and product risk profile, and improved enterprise risk management.”
 
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