After another great year in 2024, AM Best upgraded Nassau’s Long-Term Issuer Credit Ratings (ICR) to bbb+ (from bbb). Our B++ Financial Strength Rating (FSR) and stable outlook were affirmed.

This upgrade is the latest good news as we continue building Nassau. It is Nassau’s fourth positive action from AM Best since 2019 and follows our recent FSR upgrade to BBB+ with a positive outlook from Kroll Bond Rating Agency.

I remain excited for what we can achieve together in 2025. We’ve already hit the ground running with the launch of this year’s Nassau Elite program, where producers who consistently write Nassau can earn a strong suite of benefits. We remain dedicated to providing best in class service as we continue to grow with you, as well as a full suite of print and digital materials to assist you with your marketing.

As always, I welcome your feedback about what we’re doing well and how we can make doing business with us even easier this year. 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 growing our businesses together this year.

Tom Buckingham
Chief Growth Officer
Nassau

Disclosures

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

AM Best FSR is 5th of 13 ratings levels and Long-Term ICR is 8th of 21 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 2/13/2025.

KBRA FSR rating of BBB+ is 8 of 23 ratings levels and applies to Nassau Life and Annuity Company (NLA), Nassau Life Insurance Company (NNY), Nassau Life Insurance Company of Kansas (NKS), and Nassau Re (Cayman) Ltd. Ratings are current as of 9/25/2024.

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, Nassau Life Insurance Company of Kansas and Nassau Re (Cayman) Ltd. are indirect subsidiaries of Nassau Financial Group, L.P. They are separate entities and each is responsible for its own financial condition and contractual obligations. BPD42070

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