• Security Benefit highlighted capital strength, positioning its insurance unit as a leader in capital adequacy versus peers.
• NRSRO-rated investment portfolio totaled $18.9 billion as of Q1 2026; weighted-average rating A-; below-investment-grade exposure 9%.
• Publicly rated holdings were $11.3 billion; weighted-average rating A-; below-investment-grade exposure 7%.
• Privately rated holdings were $7.6 billion; weighted-average rating BBB+; below-investment-grade exposure 10%.
• Largest allocations cited were corporate, government and municipals at 37% and CLOs at 36% across the rated portfolio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Security Benefit Life Insurance Company published the original content used to generate this news brief on June 02, 2026, and is solely responsible for the information contained therein.