AM Best Confirms High Credit Ratings for Sammons Financial Group, Inc.

Tuesday, 13 August 2024, 10:26

AM Best has confirmed the *Financial Strength Rating* of A+ (*Superior*) and the *Long-Term Issuer Credit Ratings* of 'aa-' (*Superior*) for Midland National Life Insurance Company and its subsidiaries. This rating reflects the financial health and commitment to policyholders of the organization. The reaffirmation underscores the company's solid market position and operational performance, reinforcing investor confidence.
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AM Best Confirms High Credit Ratings for Sammons Financial Group, Inc.

Key Financial Ratings Affirmed

AM Best has reaffirmed the following ratings for Sammons Financial Group, Inc. and its subsidiaries:

  • Financial Strength Rating: A+ (Superior)
  • Long-Term Issuer Credit Ratings: 'aa-' (Superior)

Overview of Midland National Life Insurance Company

Midland National Life Insurance Company is recognized for its financial stability and robust operational effectiveness. These ratings are significant indicators of the company's ability to meet its ongoing obligations to policyholders.

Conclusion

The reaffirmation of AM Best's ratings demonstrates *Sammons Financial Group's* strong position in the insurance market, providing reassurance to stakeholders and clients alike regarding its financial solidity and performance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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