Nassau’s ratings reflect its proven platform and ability to execute its strategy, supported by the holding company’s demonstrated capital-raising capabilities and effective groupwide capital management. Operational and distribution strengths have supported steady fixed indexed annuity growth, allowing Nassau to build and maintain a top 20 market position in FIAs sold through the IMO channel. Over time, Nassau has expanded and diversified its distribution profile, invested in technology and digital tools, and developed a product suite designed to deliver reliable sales across different market environments. Sales diversification by product has increased, resulting in a balanced sales mix. Nassau also benefits from the stable earnings contribution of a mature, closed life insurance block and from an enterprise risk management framework that is embedded across the organization and continues to evolve through ongoing enhancements. These strengths are balanced by statutory…
Log in or Sign up for free access to this report.
KBRA is a global full-service rating agency with a mission to set a standard of excellence and integrity. Established in 2010, KBRA remains dedicated to the restoration of trust in credit ratings by creating new standards for assessing risk and by offering timely and transparent ratings. KBRA provides market participants with an alternative solution by delivering in-depth research across various sectors within the United States and European markets. We strive to provide the investment community with the products and tools needed to make informed investment decisions.