Ohio National's growth and continued services called for another corporate headquarters move and expansion to its current suburban setting in August 1996.
Ohio National has received high marks for financial strength and claims-paying ability from major rating agencies; however, such ratings do not refer to the performance of our products nor do they imply approval of our contracts or the portfolios in our variable products.
Ohio National has earned strong ratings from industry analysts:
- Standard & Poor's reaffirmed its "AA" (Very Strong) rating for financial security characteristics, its third highest ranking on a 21-part scale. (Reaffirmed with stable outlook, April, 2010). S&P noted that the rating reflected Ohio National's "consistently favorable operating performance, solid competitive position built on diverse distribution channels." It also noted "very strong capitalization" even after applying a new capital strength test model. The report noted Ohio National's "risk-management culture characterized by conservatism regarding the most significant risks and efficient execution of operating fundamentals."
- A.M. Best also reaffirmed Ohio National's "A+ (Superior)" rating for balance sheet strength, operating performance and business profile, its second-highest rating on a 16 category scale. (Reaffirmed with stable outlook, May, 2010). The report noted the company's "strong risk-adjusted capitalization, positive net operating gains recorded in 2009 and the improved position of its investment portfolio." Best also noted that "Ohio National benefits from a diversified business profile with broad competitive product offerings... It also benefits from an efficient expense structure, effective asset/liability management and a disciplined approach to (interest rate) spread management."
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Ohio National has received high marks for financial strength and claims paying ability from major rating agencies; however, such ratings do not refer to the performance of our variable accounts nor imply approval of our variable contracts or their portfolios.
