Ratings

The Importance of Financial Ratings

Independent agency ratings provide a vital picture of an insurer's ability to keep its commitments to you, the customer. It's about that most valuable commodity in the insurance business: trust. You aren't just buying a product. You're buying protection for you and your family. All of Midland National's tax-deferred annuities and life insurance products are backed by the financial strength of our investment portfolio, which emphasizes high-quality bonds that provide safety, liquidity, and competitive interest rates. These ratings are based on our financial strength, operating performance, and ability to meet obligations to our policy owners and contract holders.

Midland National Consistently Earns High Ratings for Financial Strength


A+ (Superior) Rated by A.M. Best

A.M. Best is a large third-party independent reporting and rating company that rates an insurance company on the basis of the company's financial strength, operating performance and ability to meet its obligations to policyholders. A+ is the second highest rating out of 15 categories and was affirmed for Midland National® Life Insurance Company as part of Sammons Financial Group on August 7, 2019. For the latest rating, access www.ambest.com.

A+ (Strong) Rated by S&P Global Ratings

S&P Global Ratings awarded its "A+" (Strong) rating for insurer financial strength on February 26, 2009 and affirmed on August 14, 2019 to Midland National® Life Insurance Company as a member of Sammons® Financial Group Inc. The "A+" (Strong) rating, is the fifth highest out of 22 available ratings.1, 2, 3

Ward's Top 504

Midland National was selected as one of Ward's 2019 top 50 life and health insurance companies. Ward Group is the leader of benchmarking and best practices services for the insurance industry. Each year, the group analyzes the financial performance of over 700 life-health insurance companies based in the United States and identifies the top performers in each segment based on objective data and subjective quality measures.

A+ (Stable) Rated by Fitch Ratings

Fitch Ratings, a global leader in financial information services and credit ratings, on April 17, 2019, assigned an Insurer Financial Strength rating of A+ for Midland National. This rating is the fifth highest of 19 possible rating categories. The rating reflects the organization's strong business profile, low financial leverage, very strong statutory capitalization and strong operating profitability supported by strong investment performance. For more information, read the Fitch Ratings report.

1S&P Global Ratings is an independent, third-party rating firm that rates on the basis of financial strength.

2Ratings shown reflect the option of the rating agency and are not implied warranties of the company's ability to meet its financial obligations.

3Awarded to Midland Nationa as part of Sammons® Financial Group Inc., which consists of Midland National® Life Insurance Company and North American Company for Life and Health Insurance.

4The Ward's 50 Benchmark Group placement is derived from an in-depth analysis completed by the Ward Group, a Cincinnati-based management consulting firm specializing in the insurance industry.