AM Best Affirms Credit Ratings of Security Benefit Life Insurance Company and Its Affiliate

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating of “a-” of Security Benefit Life Insurance Company (Topeka, KS) and its affiliate, First Security Benefit Life Insurance and Annuity Company of New York (New York, NY). The companies are collectively known as Security Benefit. Concurrently, AM Best has affirmed the Long-Term Issue Credit Rating of “bbb” on the $100 million 7.45% surplus notes, due 2033, issued