Our Financial Strength

A True Market Leader

Security Benefit is a leader in the U.S. retirement market with $38.4 billion in assets under management — a 13.9% increase in asset growth over 2016 — and a focused, effective, and strategically driven distribution structure.

While others are either pulling back or retreating from the market entirely, Security Benefit is growing. We are expanding our team and developing new products that are responsive to changing market trends.

Assets Under Management

Ratings and Strength

 

A.M. Best

A. M. Best’s rating represents an overall opinion of an insurance company’s ability to meet its obligations to policyholders and is derived by evaluating the financial strength, operating performance, and market profile of an insurance company in comparison with quantitative and qualitative standards of a peer life/health industry composite. A.M. Best ratings range from A++ (Superior) to S (Rating Suspended). 

Standard & Poor’s® 

S&P® ratings are a current opinion of the financial strength of an insurance organization and its capacity to meet senior obligations to policyholders and contract Owners on a timely basis. The ratings are assigned to the insurance organization itself and do not address the suitability of a particular policy or contract for a specific purpose or purchaser. S&P® ratings range from AAA (Extremely Strong ) to R (Under Regulatory Supervision) and short-term ratings range from A-1 (Strong) to R (Under Regulatory Supervision).

 

 

The ratings reflect the financial strength of the insurer and should not be considered to have any bearing on the investment performance of assets held in any SBL separate account. Rating agencies take many factors into account when assigning a financial strength or claims-paying rating to an insurer. For a more complete understanding of the reasons for the ratings assigned to SBL, please refer to the ratings assessment.
1 As of 03/31/2018, SBL’s total admitted assets were $33.8 billion and liabilities were $31.8 billion. Total adjusted capital (TAC) of $2.5 billion includes $2.0 billion of capital and surplus plus $502 million of asset valuation reserve.
2 As of 12/31/2017
3 As of 12/20/2017
4 As of 09/22/2017