Wednesday, June 20, 2018

Midland National Affirmed A+ by Fitch Ratings

Midland National received an affirmed A+ for financial strength from Fitch Ratings, one of the major credit-rating agencies.

This score is based on Midland National’s “strong, stable operating performance” supported by the quality of their investments and capitalization, as well as low financial leverage. Fitch also rated Midland National’s parent company, Sammons Financial Group, as an A- in long-term Issuer Default Rating, stating that their “strong operating profitability demonstrates good relative earnings stability, driven by improving investment yields, good spread management and growing assets under management (AUM).

Fitch is one the most recognized leaders in financial information services, and their ratings reflect their opinion on a given entity’s ability to meet financial commitments.

Click here to learn more about Midland National’s A+ rating from Fitch.

Sammons® Financial Group is comprised of Midland National® Life Insurance Company, North American Company for Life and Health Insurance®, Sammons Institutional GroupSM, Inc. , and Sammons Financial Network® LLC, member FINRA.