A.M. Best affirms Thrivent Financial for Lutherans A++ rating with stable outlook

A.M. Best has affirmed Thrivent Financial for Lutherans A++ (superior) rating as well as its stable outlook. The A++ 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++ 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.”

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 www.thrivent.com.

Tags: business, thrivent, financial