Who owns minnesota life

Management Team Staff. Investment Team Staff. Founded in , Minnesota Life and Securian Financial Group affiliates provide financial security to individuals and families in the United States through insurance, investment, and retirement products. Want to see more? Showing 3 of 3 known decision makers at Minnesota Life Insurance Company Preqin screens the most influential contacts in alternatives, so you only reach the key decision makers Request a Demo to see more.

Time to go Pro. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more. Sign in. Request a Demo. Private Equity. The four independent rating organizations that analyze financial strength have superior ratings for Minnesota Life. Particularly, A. The company offers insurance, pension, and investment products that provide financial security to different individuals and businesses.

It provides life insurance products, including term life, adjustable life, variable life, indexed universal life, survivorship universal life, and whole life. It also offers group insurance for large employer groups, public employers, and corporations and partnerships, as well as deferred and immediate annuities, and employee and employer retirement plans. These large employer groups can be regarded as a payroll-deduction market, where employees acquire supplemental coverage through their employer-sponsored group program and pay premiums through payroll deduction.

The company also offers plans for municipal governments with less than 1, employees, and executive benefits for corporations and partnerships. Minnesota Life makes use of permanent life insurance to provide support to corporations and partnerships in replacing existing executive plans, providing corporate-owned or partnership-mandated plans and setting up voluntary executive carved-out plans.

Securian Financial is the eighth largest insurance company in the United States based on total life insurance business in force. Source: A. Best's Statistical Study, U. Total Life, July 20, Based on total life insurance in force for Minnesota Life Insurance Group. Minnesota Life Insurance Company and Securian Life Insurance Company are highly rated by the major independent rating agencies that analyze the financial soundness and claims-paying ability of insurance companies.

See more information about the rating agencies and where our rating ranks relative to other ratings.