Securian Financial increases individual life retention to $10 million

Securian Financial announced that it has increased its corporate retention on individual life insurance cases from $5 million to $10 million, enhancing the company’s ability to serve affluent clients and compete for larger, more complex life insurance opportunities.

The increased retention gives Securian greater flexibility to support large individual life insurance cases by retaining more of the risk internally while continuing to apply its disciplined underwriting and risk management standards. The change expands the company’s capacity to support higher face amounts and complex case designs, making Securian an even stronger partner for financial professionals serving the high-net-worth market.

The new corporate retention limit took effect August 1, 2026.

“This is an important investment in our large-case capabilities and another example of how we’re evolving to meet the needs of our distribution partners and their clients. By increasing our corporate retention, the financial professionals we work with will benefit from expanded support for larger face amounts, greater flexibility in jumbo and multi-carrier case designs and added confidence when placing affluent-market business with Securian.” – Jake Jones, Securian Financial second vice president and actuary for Individual Solutions.