Credit Rating Report
SBL Holdings, Inc.: Rating Report
Insurance OrganizationsSummary
On May 11, 2022, DBRS Limited (DBRS Morningstar) assigned an Issuer Rating of BBB (high) to SBL Holdings, Inc., a rating of BBB (high) to its Senior Unsecured Notes, and a rating of BBB (low) to its Non-Cumulative Preferred Shares. DBRS Morningstar also assigned a Financial Strength Rating of “A” to Security Benefit Life Insurance Company, a rating of A (low) to its Surplus Notes, a Financial Strength Rating of “A” to First Security Benefit Life Insurance & Annuity Company of New York, and a rating of “A” to the Funding Agreement-Backed Notes (FABN) issued by Security Benefit Global Funding. The trends on all ratings are Stable.
Available Documents
Ratings
First Security Benefit Life Insurance and Annuity Company of New York
SBL Holdings, Inc.
Security Benefit Global Funding
Security Benefit Life Insurance Company
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Contacts
Patrick Douville
Vice President - Global Insurance & Pension Ratings
+(1) 416 597 7329
patrick.douville@morningstar.com- Marcos Alvarez
Managing Director - Global Financial Institution Ratings
+(34) 919 036 529
marcos.alvarez@morningstar.com