North American Company’s A.M. Best Affirms Ratings

A.M. Best has affirmed the financial strength rating of A+ (Superior) and the issuer credit ratings (ICR) of “aa-” of North American Company for Life and Health Insurance (North American). In addition, A.M. Best has affirmed the ICR of “a-” and issue rating of “a-” for Sammons Financial Group, Inc. (SFG, Inc.), and its $200 million 7.00% senior unsecured notes due 2043. SFG, Inc. is an intermediate holding company for North American, and is indirectly owned by Sammons Enterprises, Inc. The outlook for each rating is stable. [more]