
Security Benefit Life Insurance Company, founded in 1892 and headquartered in Topeka, Kansas, is a mutual life insurance company dedicated to helping clients achieve financial security through a range of insurance products and retirement solutions. It primarily focuses on fixed indexed annuities, life insurance, and other financial instruments designed to provide long-term growth and protection.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
SECBEN 7.45% 2033-10-01 USDSecurity Benefit Life Insurance Co. | United States | 2033-10-01 | 7.450 | 7.62 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Security Benefit began issuing bonds in the early 2000s as part of its strategic approach to enhance its capital structure and support the growth of its insurance reserves. A notable issuance occurred in 2014, with bonds rated 'A' by A.M. Best, which were well-received due to their attractive yields relative to industry standards. Current yields remain competitive, positioning the company's bonds favorably within the market. Additionally, the company has adopted features such as callability in select bond offerings, allowing for strategic refinancing opportunities as market conditions evolve.