Financial Ratings
About NexAnnuity
NexAnnuity Retirement Solutions, headquartered in Dallas, Texas, is a retirement and insurance-focused company operating through The Ohio State Life Insurance Company (OSL)—a carrier originally founded in 1906 and licensed in 46 states plus the District of Columbia. NexAnnuity was established in 2018 with the backing of NexPoint Advisors (an investment manager with $16.1 billion AUM) and NexBank (a Dallas-based bank with $14.7 billion in assets as of Q1 2025). These affiliates support NexAnnuity’s operational and investment strategy, allowing it to offer competitive products with well-capitalized backing.
NexAnnuity specializes in Multi-Year Guaranteed Annuities (MYGAs), including the Nex3, Nex5, Nex7, and Nex10—fixed annuity contracts offering guaranteed interest rates over 3, 5, 7, or 10-year terms. Key features of these products include:
These annuities are designed to offer predictable, tax-deferred growth for conservative investors and retirees seeking a blend of safety and return.
Financial Ratings
Live from CANNEXRating Agency
A.M. Best
Rating
B+
Description
Good
Effective
August 18, 2025
Rating Analysis
NexAnnuity’s B+ financial strength rating and bbb– issuer credit rating, both affirmed by AM Best with a stable outlook, indicate a solid and reliable insurance provider. While these ratings are slightly below the “Excellent” category (A– and above), they remain in the “Secure” range—signifying that the company has a good capacity to fulfill its long-term commitments to policyholders. The stable outlook implies AM Best expects the company to maintain its financial footing over the medium term. These ratings reflect NexAnnuity’s prudent investment strategy, support from affiliated financial institutions, and disciplined underwriting practices. For consumers, this translates to a provider offering competitive annuity products with reasonable confidence in ongoing stability and performance.
NexAnnuity Products
Fixed Indexed Annuities
Explore NexAnnuity fixed indexed annuity products with current rates and features.
View Products→Multi-Year Guaranteed Annuities
Compare NexAnnuity MYGA products with guaranteed rates and terms.
View Products→Immediate Annuities (SPIA)
View NexAnnuity single premium immediate annuity options.
View Products→Deferred Income Annuities (DIA)
Explore NexAnnuity deferred income and QLAC products.
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