Montpelier, Vermont Moodys Investors Service has improved the ratings outlook of the insurance companies of National Life Group to positive, reflecting the companies growing market position in life insurance and annuities, strong financial flexibility and good consistent operating profitability.
Moodys also reaffirmed the insurance financial strength rating of A2 for National Lifes two insurance companies, National Life Insurance Company and Life Insurance Company of the Southwest.
Were gratified that the financial markets recognize the strong position of National Life, said Mehran Assadi, Chairman, CEO and President of National Life. With a focus on our cause and our mission, National Life has been growing steadily and responsibly for the past five years.
Moodys noted the growth in a news release, describing solid growth over the past few years in fixed indexed annuities and indexed universal life insurance. In addition, (National Life) maintains a solid position in the 403(b) annuity market, serving K-12 teachers through its LSW subsidiary.
National Life has been keeping our promises since 1848. Were here to bring you peace of mind. Believe in tomorrow, do good today. Learn more at NationalLife.com.