In 2017 Security Benefit Life Insurance Company reported $1.7 billion in total revenue, a net income of $84 million, and assets totaling $4.2 billion, reflecting modest growth from the prior year. The company's statutory surplus was $210 million, and it maintained an A‑ (Excellent) rating from A.M. Best, indicating strong financial stability.
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Key Financial Metrics
These figures summarize the core financial health indicators for 2017:
- Total revenue: $1.7 billion
- Net income: $84 million
- Assets: $4.2 billion
- Statutory surplus: $210 million
- A.M. Best rating: A‑ (Excellent)
Comparative Context
| Metric | 2016 | 2017 |
|---|---|---|
| Revenue | $1.65 billion | $1.70 billion |
| Net Income | $78 million | $84 million |
| Assets | $4.0 billion | $4.2 billion |
| Surplus | $200 million | $210 million |
Rating and Solvency
The A‑ rating from A.M. Best reflects a strong ability to meet policyholder obligations, supported by the surplus and asset base. The company's loss ratio remained around 60%, consistent with industry norms for life insurers.