Monday, July 2, 2018

Midland National One of Top 10 Annuity Carriers

Midland National®  Life Insurance Company ranks among the top 10 indexed annuity carriers for the first quarter of 2018, according to Wink's, Inc., Quarterly Indexed Sales & Market Report.

Not only is Midland National in the top 10 for indexed annuity sales, but Sammons® Financial Group, Inc.,1  the parent company of Midland National and North American Company for Life and Health Insurance®, has a combined rank of #4 in Indexed Annuity Sales for first quarter of 2018.

Midland National recently celebrated its 110th year of providing quality service, financial strength, and life insurance and annuity products. The company has recently received numerous high ratings from third-party agencies, including an A+ rating from Fitch2  and an A+ from A.M. Best3. These ratings demonstrate Midland’s strong investment portfolio and ability to meet their financial commitments to clients.

1 Sammons® Financial Group, Inc. 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.
2 Fitch Ratings, a global leader in financial information services and credit ratings, on April 24, 2018, assigned an Insurer Financial Strength rating of "A+" Stable 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 access fitchratings.com.
3 Midland National® is rated "A+" (Superior) by A.M. Best - effective July 6, 2017. "A+" is the second of 15 categories.