CHICAGO, IL--(Marketwired - August 09, 2016) - A.M. Best affirmed the A (Superior) appraisement Midland National® Activity Allowance Company, a accessory of Sammons® Banking Group. Additionally, the angle for this appraisement was alleged stable.
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"We are admiring that A.M. Best affirmed our A rating," said Esfandyar Dinshaw, Sammons Banking Accumulation Chairman and Chief Executive Officer. "Maintaining the adeptness to accumulate our commitments to our barter is our top priority."
A.M. Best cited Sammons Banking Group's "prominent bazaar positions in the alone activity and anchored indexed accomplishment marketplaces," as able-bodied as an advance portfolio that is "considered well-managed and of acceptable acclaim quality."
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It was acclaimed by A.M. Best that "the accumulation has acceptable banking adaptability and banking advantage and absorption advantage ratios able-bodied aural A.M. Best tolerances for the ratings."
A.M. Best is a ample third-party absolute advertisement and appraisement aggregation that ante an allowance aggregation on the base of the company's banking strength, operating performance, and adeptness to accommodated its obligations to arrangement holders. A (Superior) is the additional accomplished appraisement out of 15 categories, and was affirmed for Midland National Activity Allowance Aggregation as allotment of Sammons Banking Accumulation on July 14, 2016.
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ABOUT MIDLAND NATIONAL
Founded as Dakota Mutual Activity Allowance Aggregation in 1906, Midland National® Activity Allowance Aggregation has adequate families and preserved legacies for generations. Midland National is one of the arch allowance companies in America. Midland National is a affiliate of Sammons® Banking Group, Inc. With its Accomplishment Division amid in West Des Moines, Iowa and its Activity Operations area in Sioux Falls, South Dakota, Midland National operates in 49 states and the District of Columbia through its 12,000 accountant sales professionals. For added information, amuse appointment www.midlandnational.com.
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PR-16-7-16
Midland National Life Insurance Rating
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