On May 12, 2021, Moody’s Investors Service (Moody’s) affirmed our insurance financial strength rating of Aa3 (Excellent) and our Stable outlook.
The rating and outlook apply to Securian Financial subsidiaries Minnesota Life Insurance Company and Securian Life Insurance Company.
Moody’s cites our “high-quality bond portfolio, outstanding capitalization and well-managed, diversified distribution channels” as primary reasons for the affirmation. It also mentions that we have a “liability profile that is lower risk than many peers, with minimal exposure to higher risk products.”
Our strong industry ratings reflect how our historical approach to smart growth and strong enterprise risk management keeps Securian Financial well-positioned to manage through uncertainty.