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 July 30, 2021. 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 June 2, 2021 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. S&P Global Ratings is an independent, third-party rating firm that rates on the basis of financial strength. Rating shown reflect the opinion of the rating agency and are not implied warranties of the company's ability to meet its financial obligations.

Ward's Top 501

Midland National has been named to the 2021 Ward's 50 list of top-performing life-health insurance companies. Ward Group is the leader of benchmarking and best practices services for the insurance industry. Since 1991 the firm has analyzed the financial performance of nearly 3,000 propertyy-casualty companies and more then 700 life-health insurance companies based in the US. Top performers in each segment are identified 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 9, 2020 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.

1The 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.

© 2020 Copyright. Sammons® Financial Group, Inc. All rights reserved. Sammons FinancialSM and Sammons® Financial Group are marketing names for Sammons Financial Group, Inc.'s member companies, including Midland National® Life Insurance Company, North American Company for Life and Health Insurance®, and Sammons Institutional Group®, Inc. Annuities and life insurance are issued by, and product guarantees are solely the responsibility of the underwriting company.