Remaining focused on the long term
We are monitoring the current capital market turbulence closely while maintaining our long-term focus and strong risk management approach. We expect volatility to remain elevated given uncertainty about how to estimate the impact of COVID-19, questions about the effectiveness of policy responses, and moderating economic growth coming into this year.
Securian Financial, our parent, is strongly positioned and has the capital to withstand volatility in the U.S. financial and investment markets, which is one of the reasons it is among the most highly rated insurers in the nation. We manage high quality investments that support the guarantees provided by our parent’s insurance products.
We maintain a business continuity program that is designed to support critical operations during times of uncertainty. We are monitoring the coronavirus situation very closely and engaging our business leaders to proactively assess our readiness for a variety of potential outcomes.