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Fitch Upgrades Minnesota Life's IFS Rating to 'AA'; Stable Outlook

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has upgraded the Insurer Financial Strength (IFS) ratings of Minnesota Life Insurance Company (Minnesota Life) and its subsidiary, Securian Life Insurance Company ratings, to 'AA' from 'AA-'. Fitch also upgraded the rating on Minnesota Life's surplus notes to 'A+' from 'A'. The Rating Outlook is Stable. KEY RATING DRIVERS Fitch's upgrade of Minnesota Life's ratings reflects the company's strong balance sheet fundamentals, conservative risk profile and imp

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