C
SECURITY BENEFIT LIFE INS CO
TopekaKS
Rating Date
November 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair quality investment portfolio (4.4 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to moderate junk bond exposure. Fair overall results on stability tests (3.7). Strong capitalization (7.9) based on excellent risk adjusted capital (severe loss scenario). Moreover, capital levels have been consistently high over the last five years.
Other Rating Factors: Excellent profitability (8.5) with operating gains in each of the last five years. Excellent Liquidity (8.9).
Stability Factors: I - Past results on our Investment Safety Index. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: Ind annuities (98.8%), group annuities (1.0%), other (0.2%)
Licensed in: All states except NY, PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
NZC Captial LLC
Investment Rating
--
Company Address
One Security Benefit Place
Topeka, KS 66636
Phone Number
(800) 888-2461
NAIC Number
68675
Largest Affiliates