This report does not constitute a rating action. Overview Key strengths Key risks Strong competitive position supported by leading market position in niche care solutions business Increased competition in the combination products market High customer retention rates Concentration in combination products Capital in excess of the 99.99% confidence level (the highest level), per our risk-based capital (RBC) model Historically lower statutory earnings albeit improving We expect OneAmerica Group to maintain its diversified business profile and leading market position in the niche long-term care (LTC) combination products market . OneAmerica Financial Partners Inc.'s (OneAmerica) competitive position benefits from a diversified earnings profile supported by its three main businesses: individual life and financial services, institutional markets, and employee benefits. We expect OneAmerica
