Securian Financial Group remains very strongly positioned to withstand the impact of the current turmoil in the financial markets. We take a long-term approach to our business, and we have purposefully built our capital strength to weather these types of economic shocks and market volatility. Although some losses may be unavoidable in this environment, we do not believe our investment exposures will materially affect our capital strength or our high ratings for financial strength and claims-paying ability. Securian has no reliance on capital markets financing to meets its obligations. We have more than enough liquidity to fulfill our promises.
Through our investment philosophy and disciplined process, we limit our exposure to risky investments. Our assets and our businesses are strongly diversified, and our strong capital position enables us to continue investing strategically in our core businesses to serve the needs of our customers. Please refer to the attached document for more details about Securian’s financial strength.
Our focus remains on our customers and ensuring that we have the financial strength to fulfill our obligations to them.
Sincerely,
Robert L. Senkler
Chairman and CEO