A.M. Best Affirms Superior Rating for OneAmerica Companies
Outlook Remains StableIndianapolis, August 10, 2017
OneAmerica® announced today that insurance rating agency A.M. Best has affirmed the A+ (Superior) financial strength rating of American United Life Insurance Company® (AUL) and its affiliates, The State Life Insurance Company® (State Life) and Pioneer Mutual Life Insurance Company® (PML), all OneAmerica companies.
The A+ (Superior) rating is the second highest of 16 rating categories assigned by the agency in evaluating financial strength.
“As we celebrate our 140th year as a mutual insurance organization, independent recognition of our financial strength and performance demonstrate continued value for our customers and business associates,” said Scott Davison, president, chair and CEO of OneAmerica.“Maintaining our A+ rating gives our customers assurance that we are able to deliver on our promises just when they need us most.”
The rating agency determined these ratings through its Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the rating criteria employed in the rating process.
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OneAmerica is the marketing name for the companies of OneAmerica. Products issued and underwritten by AUL, State Life and PML.
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A national leader in the insurance and financial services marketplace for 140 years, the companies of OneAmerica help customers build and protect their financial futures.
OneAmerica offers a variety of products and services to serve the financial needs of their policyholders and customers. These products include retirement plan products and recordkeeping services, individual life insurance, annuities, asset based long-term care solutions and employee benefit plan products.
Products are issued and underwritten by the companies of OneAmerica and distributed through a nationwide network of employees, agents, brokers and other sources that are committed to providing value to our customers.
To learn more about our products, services and the companies of OneAmerica, visit oneamerica.com/companies.
About A.M. Best®
A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
About A.M. Best Ratings®
These ratings reflect rating agency assessments of the financial strength and claims-paying ability of the companies of OneAmerica. They are not intended to reflect the investment experience or financial strength of any variable account, which is subject to market risk. Because the dates are only updated when there’s a change in the rating, the dates above reflect the most recent ratings we have received. Please know that these ratings can change at any time.
Tom Spalding, Public Relations Manager, 317-285-1461