On May 22, 2023, S&P published a Research Update on Securian Financial, affirming our insurance financial strength rating of AA- (Very Strong) and our Stable outlook.
The AA- (Very Strong) rating is S&P’s fourth highest of 21 ratings. The rating and outlook apply to Securian Financial subsidiaries Minnesota Life Insurance Company and Securian Life Insurance Company.
S&P cites our excellent capital position, exceptional liquidity, diversified product profile, solid position in core markets and well-diversified investment portfolio as the major reasons for affirming our ratings and outlook.
Our strong industry ratings reflect our historical approach to smart growth and strong enterprise risk management.
