Agency cites strong capitalization and market presence as well as positive earnings results.
A.M. Best has affirmed Thrivent Financial for Lutherans A++ (Superior) rating as well as its stable outlook. The A++ (Superior) rating is the highest of the ratings agency's 16 ratings categories. A.M. Best cited Thrivent Financial's strong capitalization and earnings, positive operating results, higher assets under management, increased scale in its core lines of business, and its' strong market presence within the Lutheran community as the primary reasons for its affirmation.
"A.M. Best's affirmation of our A++ (Superior) rating reflects our ongoing commitment to maintain our place as one of the strongest and one of the most stable financial services firms in the industry," said Randy Boushek, senior vice president and CFO of Thrivent Financial. "This is yet another of several indicators of our ongoing strength and stability."
About Thrivent Financial for Lutherans
Thrivent Financial for Lutherans is a not-for-profit, Fortune 500 financial services membership organization helping approximately 2.5 million members achieve financial security and give back to their communities. Thrivent Financial and its affiliates offer a broad range of financial products and services including life insurance, annuities, mutual funds, disability income insurance, bank products and more. As a not-for-profit organization, Thrivent Financial creates and supports national outreach programs and activities that help congregations, schools, charitable organizations and individuals in need. For more information, visit http://www.thrivent.com. Also, you can find us on Facebook and Twitter.
The rating reflects Thrivent Financial's overall financial integrity and claims-paying ability, but does not apply to the investment performance of investment products.
Insurance products issued or offered by Thrivent Financial for Lutherans, Appleton, WI. Not all products are available in all states. Securities and investment advisory services are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415, 800-847-4836, a FINRA and SIPC member and a wholly owned subsidiary of Thrivent Financial for Lutherans. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc. They are also licensed insurance agents of Thrivent Financial.
Bank products and trust services are offered through Thrivent Financial Bank, (Member FDIC, Equal Housing Lender), a wholly owned subsidiary of Thrivent Financial for Lutherans. Insurance, securities, investment advisory services, and trust and investment management accounts are not deposits, are not guaranteed by Thrivent Financial Bank, are not insured by the FDIC or any other federal government agency, and may go down in value.
For additional important disclosure information, please visit Thrivent.com/disclosures.
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