The insurer financial strength ratings on the members of the Mutual of Omaha Group reflect the companies' very strong competitive position (stemming from their very strong franchise value), strong (but diminished) earnings, and very strong liquidity. Partially offsetting these positive factors are the challenges the companies are facing regarding the mispricing of one of their Medicare Supplement products as well as several products in the Group Benefit Services segment that remain below scale. The members of the Mutual of Omaha group are Mutual of Omaha Insurance Co. (Mutual), United of Omaha Life Insurance Co. (United), and Companion Life Insurance Co. (Companion). Mutual of Omaha offers a broad array of product offerings and diverse distribution channels. The company's brand recognition and...
Companies mentioned in this report are:
- Mutual of Omaha Insurance Co.
- United of Omaha Life Insurance Co.
- Companion Life Insurance Co. (NY)
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