Strong competitive position supported by leading market position in niche Care Solutions business Consistent sales growth, especially in retirement services (RS) segment Low-risk product profile supported by no significant exposure to insurance products with secondary guarantees Extremely strong capital with 'AAA' redundancy Intermediate risk profile with a diversified investment portfolio and relatively low amount of high-risk assets Adequate financial flexibility with strong fixed-charge coverage Very strong business risk profile and extremely strong financial risk profile lead to an initial anchor score of 'aa' Anchor score adjusted to 'aa-' reflecting its competitive position in the individual life insurance market vis-à-vis higher-rated peers The counterparty credit rating on OneAmerica Financial Partners Inc., the holding company, is three notches lower than our ratings
