AM Best Revises Issuer Credit Rating Outlook to Positive

After another great year in 2023, I’m pleased to share that AM Best has revised the outlook to positive for Nassau’s Long-Term Issuer Credit Ratings. This is just one more step in Nassau’s journey to further improve our ratings and accelerate growth.

AM Best also affirmed Nassau’s Financial Strength Rating (FSR) at B++. Day in and day out, we remain focused on executing our plan to improve our FSR.

I remain excited for 2024 and am confident we can achieve great things together. We’ve already hit the ground running with the launch of our innovative new fixed indexed annuity, Nassau Income Accelerator, as well as this year’s Nassau Elite program, where producers who consistently write Nassau can earn stronger benefits than ever before. We are also dedicated to providing best in class service as we continue to grow with you this year, as well as a full suite of print and digital materials to assist you with your marketing.

As always, your feedback remains critical in helping us achieve our growth plans. Let my team and me know how we can better support you. It’s just one way we are working harder to be your carrier of choice.

I am grateful for your partnership and look forward to continuing to grow our businesses.

Tom Buckingham
Chief Growth Officer
Nassau


Disclosures

For IMO/Producer Use Only. Not for distribution to the public.

Financial Strength Rating of B++ is 5th of 13 ratings levels and applies to Nassau Life and Annuity Company, Nassau Life Insurance Company, and Nassau Life Insurance Company of Kansas. Ratings are current as of Feb 14, 2024. Ratings are a third-party measure of an insurer’s claims-paying ability. Ratings refer only to the financial overview of the company and are not a recommendation of specific policy provisions, rates, or practices of the insurance company. They do not indicate or guarantee any variable annuity or variable universal portfolio’s credit rating or performance. Rating agencies review rankings periodically and there is no guarantee that current rankings will be maintained in the future. For complete rating information, please contact us.

Annuities are issued by Nassau Life and Annuity Company (Hartford, CT) except in New York where annuities are issued by Nassau Life Insurance Company (East Greenbush, NY). In California, Nassau Life and Annuity Company does business as “Nassau Life and Annuity Insurance Company.” Medicare Supplement insurance is offered by Nassau Life Insurance Company of Kansas (Overland Park, KS). Products may not be available in all areas and are subject to state approval. Nassau Life and Annuity Company, Nassau Life Insurance Company and Nassau Life Insurance Company of Kansas are subsidiaries of Nassau Financial Group. The insurers are separate entities and each is responsible only for its own financial condition and contractual obligations. BPD41657

Insurance Products: NOT FDIC or NCUAA Insured | NO Bank or Credit Union Guarantee

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Anthony LaRosaAM Best Revises Issuer Credit Rating Outlook to Positive