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Standard & Poor's Affirms OneAmerica's AA- Financial Strength Rating; Maintains Stable Outlook
[September 18, 2014]

Standard & Poor's Affirms OneAmerica's AA- Financial Strength Rating; Maintains Stable Outlook


INDIANAPOLIS --(Business Wire)--

Standard & Poor's (S&P) has affirmed its AA-1 ratings of OneAmerica's life insurance operating companies, American United Life Insurance Company® (AUL) and The State Life Insurance Company, and maintained its stable outlook.

"Standard & Poor's affirmation solidifies our place as a leading mutual financial services company in the industry," said President and CEO Scott Davison. "We are well positioned to continue to outperform our peers by remaining focused on our core principles and providing our customers with products and services that add real value."

In its report, S&P noted the following about OneAmerica's effective business approach, "Management continues to focus on its mutual status and keeps balance sheet and policyholder protection as its primary objectives followed by profitable growth."

The rating agency also cited the following major factors for the OneAmerica company affirmations:

  • A strong competitive position supported by a leading market position in its Care Solutions line [Learn more]
  • Consistent sales growth, especially in retirement services [Learn more]
  • Growing captive agency and diversified distribution network
  • Extremely strong capital and earnings
  • Low product risk profile
  • Strong liquidity
  • A well-developed and clearly articulated risk management program



S&P also maintained OneAmerica's enterprise risk management score as "strong." The organization remains as one of only 11 companies in the life insurance industry to receive a score of "strong" or better.2

Note: These ratings relate to the financial strength of the insurance companies and not to any variable products issued by AUL.


1The fourth highest of 22 possible ratings
2Source (News - Alert): S&P Research: Focus On ORSA Leaves ERM Scores For North American and Bermudian Insurers Virtually Unchanged, May 19, 2014.

Visit OneAmerica's Financial Strength webpage for more information about its ratings.

About OneAmerica
Headquartered in Indianapolis, Ind., OneAmerica Financial Partners, Inc., can trace its solid foundations back more than 135 years in the financial services marketplace.

OneAmerica's nationwide network of companies offers a variety of products to serve the financial needs of their policyholders and other customers. These products include retirement plan products and services; individual life insurance, annuities, long-term care solutions and employee benefit plan products. The goal of OneAmerica is to blend the strengths of each company to achieve greater collective results.

The products of the OneAmerica companies are distributed through a nationwide network of employees, agents, brokers and other distribution sources that are committed to increasing value to policyholders by helping them prepare to meet their financial goals.

Visit the OneAmerica Newsroom or follow @OneAmericaNews on Twitter (News - Alert) for more information.


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