Investor Relations

About Security Benefit

Building on a legacy spanning the past 129 years, over the past decade Security Benefit has established itself as one of the fastest growing and most innovative companies in the retirement space.



Through a combination of product innovation, exceptional investment management, and a unique distribution strategy, Security Benefit has become a leader in multiple retirement markets: overall fixed annuity sales, bank market fixed annuity sales, the K-12 education market, and overall fixed index annuity sales.

We are well prepared to honor our financial commitments as we fulfill our promise to help clients across America To and Through Retirement®.

Assets Under Management

Statutory Revenue1 Total Adjusted Capital1

A.M. Best Financial Strength Rating

FitchRatings Financial Strength Rating3

Standard & Poor's® Financial Strength Rating4

$6.6 $4.9 A- A- A-
Billion Billion (Excellent) (Strong) (Strong)

All ratings pertain to Security Benefit Life Insurance Company and First Security Benefit Life Insurance and Annuity Company of New York. Ratings are assigned by independent third-party rating agencies and bear no relation to the investment performance of assets held in any of Security Benefit Life Insurance Company’s or First Security Benefit Life Insurance and Annuity Company of New York’s separate accounts.

AM 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).

Fitch Ratings

Fitch Ratings’ evaluates key credit factors including financial ratios, quantitative elements, and performance relative to peers. Rating committees also weigh several criteria including overall business profile, capitalization and leverage, and financial performance and earnings when evaluating the final rating.

1As of 09/30/2021, SBL’s total admitted assets were $44.4 billion and liabilities were $40.4 billion. Total adjusted capital (TAC) of $4.9 billion includes $4.0 billion of capital and surplus plus $0.9 billion of asset valuation reserve.
2As of 12/31/2020
3AM Best, 10/28/2021
4Fitch Ratings, 12/16/2021
5Standard & Poor’s, 09/29/2021

Summaries of statutory financial information for Security Benefit Life Insurance Company are available for your review and reference.

This statutory financial information of SBL is presented on the basis of accounting practices prescribed or permitted by the Kansas Insurance Department. The Kansas Insurance Department recognizes only statutory accounting practices prescribed or permitted by the State of Kansas for determining and reporting the financial condition and results of operations of an insurance company for purposes of determining its solvency under the Kansas Insurance Law. The National Association of Insurance Commissioners’ (NAIC) Accounting Practices and Procedures Manual has been adopted as a component of prescribed or permitted practices by the State of Kansas.

Recent Accolades for Innovation and Excellence

Since our beginning, we have been grateful recipients of numerous industry accolades and recognition. Below are just a few of our recent recognitions. 


Named to Ward’s 50 list for 2021

Security Benefit Life Insurance Company has again been named to the Ward’s 50 list for 2021. The Ward’s 50® companies rank as the top performing life-health companies based on Ward’s annual analysis of more than 700 life-health firms in the #insurance industry. Security Benefit Life passed all safety and consistency screens and achieved superior performance over the past five years analyzed. Learn about Ward's 50 Companies.

Ward’s 50 list for 2021


Placed in Top 5 of Ingram’s list of Top 100 Privately Held Companies for 2021

Security Benefit continues to be one of the largest and most successful employers in the Kansas City region, again placing in the top 5 of Ingram’s list of Top 100 Privately Held Companies for 2021. A stalwart in the financial services industry since 1892, Security Benefit’s 2020 revenues jumped $1.5 billion, or more than 36%, the largest increase in the list’s top 10. See the complete list from Ingram's May 2021 issue.

Ingram’s list of Top 100 Privately Held Companies for 2021


Named as Ingram’s ‘Best Companies to Work For’ in 2021

“As one of Ingram’s ‘Best Companies to Work For’ in 2021, we’ve had to work hard to re-invent ourselves over the past decade,” stated Mike Kiley, Chief Executive Officer of Security Benefit. “Supporting our people, and giving them opportunities to shine, made us a leader in the U.S. retirement industry.” Read the complete article from Ingram's May 2021 issue.

 Ingram’s ‘Best Companies to Work For’ in 2021


Named to Forbes’ Inaugural “America’s Best State Employers” List



Named the EQDerivatives 2018 “Insurance Risk Management Team of the Year” for risk management for fixed index annuities6



Named the EQDerivatives 2017 “Insurance Risk Management Team of the Year” for risk management for fixed index annuities6



Access to Private Investor Relations Portal

New Users can request access to the Private Investor Relations Portal or contact the Investor Relations team with questions. We require 1-2 business days to process the request.

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SB-10016-29 | 2022/01/19