OREANDA-NEWS. A.M. Best has affirmed the financial strength rating of A+ (Superior) and the issuer credit ratings (ICR) of “aa-” of Midland National Life Insurance Company (Midland National) and North American Company for Life and Health Insurance (North American) (both domiciled in Des Moines, IA). In addition, A.M. Best has affirmed the ICR of “a-” and issue rating of “a-” for Sammons Financial Group, Inc. (SFG, Inc.) (Delaware), and its $200 million 7.0% senior unsecured notes due 2043. SFG, Inc. is an intermediate holding company for Midland National and North American, and is indirectly owned by Sammons Enterprises, Inc. (SEI). Midland National and North American (the group’s key life/health insurance subsidiaries) are jointly referred to as the Sammons Financial Group (SFG). The outlook for each rating is stable.