Foresters receives A.M. Best “A” Excellent rating for 14th year
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In addition,
"The last 14 years have included an economic recession as well as a persistent low interest rate environment so receiving an "Excellent" rating every year is a testament to our financial strength and fiscal responsibility," says
Foresters has shared its financial strength with its members and their communities for 140 years and is today in a strong financial position with total funds under management of
Foresters conservative investment strategy has resulted in a strong surplus of $1.7 billion CDN2, assuring its ability to withstand adverse business and market conditions. With a
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About Foresters
For 140 years, Foresters™, an international financial services provider, has fulfilled its purpose to enhance family well-being for its members and the communities where they live. A fraternal benefit society, Foresters offers quality life insurance and investment products, unique member benefits and inspiring community activities. Foresters shares its financial strength with more than one million members in
ForestersTM is the trade name and a trademark of The
1 An "A" (Excellent) rating is assigned to companies that have a strong ability to meet their ongoing obligations to policyholders and have, on balance, excellent balance sheet strength, operating performance and business profile when compared to the standards established by 2This surplus represents excess funds above the amount required as legal reserves for insurance and annuity certificates in force and provides additional assurances to members for Foresters long-term financial strength. 3Solvency ratios indicate that our ability to meet long-term obligations is above and beyond what is required. |
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