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AM Best Affirms Credit Ratings of Securian Financial Group, Inc. and Its Subsidiaries
December 18, 2020 GMT
OLDWICK, N.J. (BUSINESS WIRE) Dec 18, 2020
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” of Minnesota Life Insurance Company and its subsidiary, Securian Life Insurance Company, together referred to as Securian Financial Insurance Group (Securian). AM Best also has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” of Securian Casualty Company (Securian Casualty), and the FSR of A (Excellent) and the Long-Term ICR of “a” of Canadian Premier Life Insurance Company (Canadian Premier) (Toronto, ON).
AM Best Affirms Credit Ratings of Securian Financial Group, Inc and Its Subsidiaries
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AM Best Affirms Credit Ratings of Securian Financial Group, Inc and Its Subsidiaries - Press Release
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Securian Financial Review Elizabeth Rivelli © MoMo Productions/Getty Images A single mom and her two kids are laughing and sitting together on the couch in the living room
Securian Financial was founded in 1880 as Minnesota Mutual. In 2001, the company was rebranded as Minnesota Life Insurance. Fast forward to 2018, Minnesota Life Insurance took on the name of its parent company brand, Securian Financial.
Today, Securian Financial is the 8th largest life insurance company in the United States. It serves more than 21 million customers in North America and has nearly $1.3 trillion in life insurance policies in force. The company offers a few different life insurance products and gets good ratings from industry experts.