{
  "dataset": "AnnuityScore Carrier Financial Strength Table",
  "publisher": "AnnuityScore, operated by Omnia Capital Partners USA LLC",
  "license": "https://creativecommons.org/licenses/by/4.0/",
  "licenseName": "CC BY 4.0",
  "attribution": "AnnuityScore Carrier Financial Strength Table, https://annuityscore.one/learn/carriers",
  "source": "A.M. Best financial strength ratings as recorded in the AnnuityScore carrier network. A.M. Best (ambest.com) is the authoritative source; ratings change over time.",
  "canonical": "https://annuityscore.one/learn/carriers/compare",
  "retrieved": "2026-09-12",
  "tiers": [
    {
      "slug": "superior",
      "label": "Superior",
      "ratings": [
        "A++",
        "A+"
      ],
      "url": "https://annuityscore.one/learn/carriers/rating/superior",
      "summary": "A++ and A+ are the two ratings A.M. Best classifies as Superior, its highest financial strength category. Carriers in this tier are judged to have a superior ability to meet ongoing insurance obligations. The rating describes the company, not the terms of any contract it issues."
    },
    {
      "slug": "excellent",
      "label": "Excellent",
      "ratings": [
        "A",
        "A-"
      ],
      "url": "https://annuityscore.one/learn/carriers/rating/excellent",
      "summary": "A and A- are the two ratings A.M. Best classifies as Excellent. Both sit inside the secure range and indicate an excellent ability to meet ongoing insurance obligations. An A- rating is not a weak rating; the category matters more than the modifier attached to it."
    },
    {
      "slug": "good",
      "label": "Good",
      "ratings": [
        "B++",
        "B+"
      ],
      "url": "https://annuityscore.one/learn/carriers/rating/good",
      "summary": "B++ and B+ are the two ratings A.M. Best classifies as Good. They are the lowest ratings still inside the secure range, indicating a good ability to meet ongoing insurance obligations. Contracts from this tier deserve closer attention to issuer trajectory and state guaranty association limits."
    }
  ],
  "carriers": [
    {
      "name": "MassMutual",
      "legalName": "Massachusetts Mutual Life Insurance Company",
      "slug": "massmutual",
      "amBestRating": "A++",
      "ratingCategory": "Superior",
      "ratingTier": "superior",
      "ratingOutlook": null,
      "headquarters": "Springfield, Massachusetts",
      "ownership": "Mutual company owned by its policyholders",
      "productLines": [
        "Fixed and multi-year guaranteed annuities",
        "Income annuities",
        "Fixed indexed annuities through affiliated issuers",
        "Variable annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/massmutual",
      "updated": "2026-08-15"
    },
    {
      "name": "Allianz Life",
      "legalName": "Allianz Life Insurance Company of North America",
      "slug": "allianz-life",
      "amBestRating": "A+",
      "ratingCategory": "Superior",
      "ratingTier": "superior",
      "ratingOutlook": null,
      "headquarters": "Minneapolis, Minnesota",
      "ownership": "Subsidiary of Allianz SE, a global insurance and asset management group",
      "productLines": [
        "Fixed indexed annuities",
        "Registered index-linked annuities",
        "Variable annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/allianz-life",
      "updated": "2026-08-15"
    },
    {
      "name": "Athene",
      "legalName": "Athene Annuity & Life Company",
      "slug": "athene",
      "amBestRating": "A+",
      "ratingCategory": "Superior",
      "ratingTier": "superior",
      "ratingOutlook": null,
      "headquarters": "West Des Moines, Iowa",
      "ownership": "Part of the Apollo Global Management group",
      "productLines": [
        "Fixed indexed annuities",
        "Multi-year guaranteed annuities (MYGA)",
        "Registered index-linked annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/athene",
      "updated": "2026-08-15"
    },
    {
      "name": "Midland National",
      "legalName": "Midland National Life Insurance Company",
      "slug": "midland-national",
      "amBestRating": "A+",
      "ratingCategory": "Superior",
      "ratingTier": "superior",
      "ratingOutlook": null,
      "headquarters": "West Des Moines, Iowa and Sioux Falls, South Dakota",
      "ownership": "Member of Sammons Financial Group, which is employee-owned through an ESOP",
      "productLines": [
        "Fixed indexed annuities",
        "Multi-year guaranteed annuities",
        "Fixed annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/midland-national",
      "updated": "2026-08-15"
    },
    {
      "name": "Minnesota Life (Securian)",
      "legalName": "Minnesota Life Insurance Company",
      "slug": "minnesota-life-securian",
      "amBestRating": "A+",
      "ratingCategory": "Superior",
      "ratingTier": "superior",
      "ratingOutlook": null,
      "headquarters": "Saint Paul, Minnesota",
      "ownership": "Member of Securian Financial Group, a mutual holding company structure",
      "productLines": [
        "Fixed indexed annuities",
        "Variable annuities",
        "Fixed annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/minnesota-life-securian",
      "updated": "2026-08-15"
    },
    {
      "name": "Nationwide",
      "legalName": "Nationwide Life and Annuity Insurance Company",
      "slug": "nationwide",
      "amBestRating": "A+",
      "ratingCategory": "Superior",
      "ratingTier": "superior",
      "ratingOutlook": null,
      "headquarters": "Columbus, Ohio",
      "ownership": "Member of the Nationwide mutual group",
      "productLines": [
        "Fixed indexed annuities",
        "Registered index-linked annuities",
        "Variable annuities",
        "Immediate income annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/nationwide",
      "updated": "2026-08-15"
    },
    {
      "name": "North American Company",
      "legalName": "North American Company for Life and Health Insurance",
      "slug": "north-american-company",
      "amBestRating": "A+",
      "ratingCategory": "Superior",
      "ratingTier": "superior",
      "ratingOutlook": null,
      "headquarters": "West Des Moines, Iowa",
      "ownership": "Member of Sammons Financial Group, which is employee-owned through an ESOP",
      "productLines": [
        "Fixed indexed annuities",
        "Multi-year guaranteed annuities",
        "Fixed annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/north-american-company",
      "updated": "2026-08-15"
    },
    {
      "name": "Prudential",
      "legalName": "Pruco Life Insurance Company and affiliated Prudential issuers",
      "slug": "prudential",
      "amBestRating": "A+",
      "ratingCategory": "Superior",
      "ratingTier": "superior",
      "ratingOutlook": null,
      "headquarters": "Newark, New Jersey",
      "ownership": "Subsidiary of Prudential Financial, Inc., a publicly traded company",
      "productLines": [
        "Registered index-linked annuities",
        "Variable annuities",
        "Fixed and income annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/prudential",
      "updated": "2026-08-15"
    },
    {
      "name": "F&G Annuities",
      "legalName": "Fidelity & Guaranty Life Insurance Company",
      "slug": "fg-annuities",
      "amBestRating": "A",
      "ratingCategory": "Excellent",
      "ratingTier": "excellent",
      "ratingOutlook": null,
      "headquarters": "Des Moines, Iowa",
      "ownership": "Majority owned by Fidelity National Financial",
      "productLines": [
        "Fixed indexed annuities",
        "Multi-year guaranteed annuities",
        "Registered index-linked annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/fg-annuities",
      "updated": "2026-08-15"
    },
    {
      "name": "Lincoln Financial",
      "legalName": "The Lincoln National Life Insurance Company",
      "slug": "lincoln-financial",
      "amBestRating": "A",
      "ratingCategory": "Excellent",
      "ratingTier": "excellent",
      "ratingOutlook": null,
      "headquarters": "Fort Wayne, Indiana",
      "ownership": "Subsidiary of Lincoln National Corporation, a publicly traded company",
      "productLines": [
        "Variable annuities",
        "Registered index-linked annuities",
        "Fixed indexed annuities",
        "Fixed annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/lincoln-financial",
      "updated": "2026-08-15"
    },
    {
      "name": "AmFirst (Axonic)",
      "legalName": "AmFirst Insurance Company",
      "slug": "amfirst-axonic",
      "amBestRating": "A-",
      "ratingCategory": "Excellent",
      "ratingTier": "excellent",
      "ratingOutlook": null,
      "headquarters": "United States",
      "ownership": "Annuity products distributed under the Axonic brand",
      "productLines": [
        "Multi-year guaranteed annuities",
        "Fixed annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/amfirst-axonic",
      "updated": "2026-08-15"
    },
    {
      "name": "Delaware Life",
      "legalName": "Delaware Life Insurance Company",
      "slug": "delaware-life",
      "amBestRating": "A-",
      "ratingCategory": "Excellent",
      "ratingTier": "excellent",
      "ratingOutlook": null,
      "headquarters": "Zionsville, Indiana and Waltham, Massachusetts",
      "ownership": "Privately held, part of the Group 1001 organisation",
      "productLines": [
        "Fixed indexed annuities",
        "Multi-year guaranteed annuities",
        "Variable annuities acquired through block transactions"
      ],
      "url": "https://annuityscore.one/learn/carriers/delaware-life",
      "updated": "2026-08-15"
    },
    {
      "name": "American Life",
      "legalName": "American Life & Security Corp.",
      "slug": "american-life-security",
      "amBestRating": "B++",
      "ratingCategory": "Good",
      "ratingTier": "good",
      "ratingOutlook": null,
      "headquarters": "Lincoln, Nebraska",
      "ownership": "Subsidiary of Midwest Holding Inc.",
      "productLines": [
        "Multi-year guaranteed annuities",
        "Fixed indexed annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/american-life-security",
      "updated": "2026-08-15"
    },
    {
      "name": "EquiTrust Life",
      "legalName": "EquiTrust Life Insurance Company",
      "slug": "equitrust",
      "amBestRating": "B++",
      "ratingCategory": "Good",
      "ratingTier": "good",
      "ratingOutlook": null,
      "headquarters": "West Des Moines, Iowa",
      "ownership": "Privately held",
      "productLines": [
        "Fixed indexed annuities",
        "Multi-year guaranteed annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/equitrust",
      "updated": "2026-08-15"
    },
    {
      "name": "Heartland National Life",
      "legalName": "Heartland National Life Insurance Company",
      "slug": "heartland-national",
      "amBestRating": "B++",
      "ratingCategory": "Good",
      "ratingTier": "good",
      "ratingOutlook": null,
      "headquarters": "United States",
      "ownership": "Privately held",
      "productLines": [
        "Fixed indexed annuities",
        "Multi-year guaranteed annuities"
      ],
      "url": "https://annuityscore.one/learn/carriers/heartland-national",
      "updated": "2026-08-15"
    }
  ]
}