Fitch Ratings affirms Securian Financial’s AA rating and stable outlook

Cites our extremely strong capitalization, very strong investment asset and risk profile, and diverse earnings profile On Friday, May 8, 2020, Fitch Ratings affirmed the insurance financial strength rating for Securian Financial at AA (Very Strong) and maintained our Stable outlook. The AA (Very Strong) rating is Fitch’s third highest of 19 ratings. The rating and outlook apply to Securian Financial affiliates Minnesota Life Insurance Company and Securian Life Insurance Company. Major rating agencies are reevaluating insurance companies due to the impact of the COVID-19 pandemic. This announcement follows Fitch’s recent decision to revise their Rating Outlook on the U.S.
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Categories: Industry News, Life Insurance, and Securian.