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Symetra Life Insurance Company

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Financial Ratings

A.M. Best AExcellent
Standard & Poor’s (S&P) AStrong

About Symetra Life Insurance Company

Symetra Life Insurance Company offers a wide range of insurance and retirement solutions tailored to individuals, families, and businesses. Among its retirement products, Symetra provides multi-year guaranteed annuities (MYGAs)such as the Symetra Select Max® and Edge Elite®, which offer guaranteed interest rates over fixed periods. They also offer fixed indexed annuities (FIAs) like Edge Pro® and Edge Plus®, which combine guaranteed principal protection with potential growth linked to market indices. For income planning, Symetra features deferred income annuities such as Income Edge®, as well as immediate annuities for those seeking to convert a lump sum into steady income right away. In the life insurance space, Symetra provides term life insurance (e.g., Symetra Term) for affordable temporary coverage, along with universal life (UL) and indexed universal life (IUL) products like UL-GAccumulator UL, and Accumulator IUL, which offer lifelong protection and the ability to build cash value. Additionally, Symetra supports employers with a robust portfolio of employee benefits, including group life, short- and long-term disability insurance, critical illness and accident coverage, and stop-loss insurance to help manage catastrophic health claims. Their offerings emphasize flexibility, financial stability, and customizable protection to meet evolving needs.

Financial Ratings

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Rating Agency

A.M. Best

Rating

A

Description

Excellent

Effective

January 15, 2010

Rating Agency

Moody's

Rating

A1

Description

Good

Effective

January 30, 2018

Rating Agency

Standard & Poor's

Rating

A

Description

Strong

Effective

January 15, 2010

Rating Analysis

Symetra Life Insurance Company maintains strong financial strength ratings from the major independent rating agencies, reflecting its solid capital position, prudent risk management, and long-term stability. As of the most recent updates, A.M. Best has assigned Symetra a rating of A (Excellent), indicating a strong ability to meet ongoing insurance obligations (updated April 24, 2024). Standard & Poor’s (S&P) also rates the company A (Strong), suggesting a stable outlook and sound financial performance (updated April 1, 2024). Additionally, Moody’s has awarded Symetra an A1 rating, recognizing its good credit quality and financial reliability (updated February 26, 2025). These consistently high ratings are a testament to Symetra’s financial health, operational discipline, and the backing of its parent company, Sumitomo Life Insurance. They offer policyholders and annuity contract holders confidence in the company’s long-term ability to fulfill its commitments.

Symetra Life Insurance Company Products

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