S&P Global Affirms Mutual of Omaha’s A+ Rating and Upgrades Financial Strength Assessment

S&P Global Affirms Mutual of Omaha's A+ Rating and Upgrades Financial Strength Assessment

OMAHA, Neb. - S&P Global Ratings has affirmed the A+ financial strength and issuer credit ratings of Mutual of Omaha Insurance Company and maintained its stable outlook. The agency also upgraded its assessment of the company's Financial Risk Profile and Capital and Earnings strength from Very Strong to Excellent.

In its Aug. 20 report, S&P cited Mutual's extremely strong capital position, diversified earnings and improved financial flexibility as key factors supporting the ratings affirmation and upgrade. The agency noted that Mutual continues to maintain capital redundancy at the 99.99% confidence level under its risk-based capital model and is well positioned to maintain that strength.

S&P also highlighted Mutual's strong competitive position, noting its market leadership in Medicare supplement and whole life insurance, as well as top 10 positions across several additional product lines. The agency expects Mutual to maintain strong operating performance, disciplined capital management and solid market positions over the next two years.

The stable outlook reflects S&P's expectation that Mutual will maintain strong operating performance, disciplined capital management and solid market positions over the next two years.

About Mutual of Omaha
The Mutual of Omaha Companies offer a variety of insurance and financial products for individuals, businesses and groups throughout the United States. Founded in 1909 and headquartered in Omaha, Neb., the highly rated organization takes a long-term view, focusing on strength, stability and steady growth to help customers protect what they care about and achieve their financial goals over generations. For more information, visit www.mutualofomaha.com.