AM Best affirms Thrivent’s A++ (Superior) rating with stable outlook

MINNEAPOLIS (June 30, 2022) – AM Best announced it has affirmed Thrivent’s A++ (Superior) rating as well as its stable outlook. The A++ (Superior) rating is the highest of the agency’s 13 rating categories.

AM Best recognized Thrivent for continuing to maintain its balance sheet strength, strong operating performance, favorable business profile and very strong enterprise risk management. In its review, the agency noted Thrivent’s high-quality capital structure and strong overall financial performance in 2021, which included record-high investment income. Thrivent’s continued efforts to diversify its well-managed product portfolio to meet client needs and drive membership growth despite the challenging economic environment also were cited as positive factors that contributed to the rating.

“At Thrivent, we’re so proud to receive the strongest possible rating by AM Best for another year,” said Mary Jane Fortin, chief commercial officer and interim chief financial officer at Thrivent. “Our ability to serve our clients in the ways they need us most depends on being financially strong and stable, even in the face of economic headwinds. Now more than ever, Thrivent is well-positioned to help our clients achieve financial clarity, enabling lives full of meaning and gratitude.”

Rating based on Thrivent’s financial strength and claims-paying ability. Does not apply to investment product performance.

Thrivent is a diversified financial services organization that helps people achieve financial clarity, enabling lives full of meaning and gratitude. Thrivent and its subsidiary and affiliate companies serve more than 2.3 million clients, offering advice, insurance, investments, banking and generosity products and programs over the phone, online as well as through financial professionals and independent agents nationwide. Thrivent is a Fortune 500 company with $189 billion in assets under management/advisement (as of 12/31/21). Thrivent carries an A++ (Superior) rating from AM Best, a credit rating agency; this is the highest of the agency’s 13 rating categories and was affirmed in June of 2022. Rating based on Thrivent’s financial strength and claims-paying ability. Does not apply to investment product performance. For more information, visit Thrivent.com. You can also find us on Facebook and Twitter .

Thrivent is the marketing name for Thrivent Financial for Lutherans. Insurance products issued by Thrivent. Not available in all states. Securities and investment advisory services offered through Thrivent Investment Management Inc., a registered investment adviser, member FINRA and SIPC, and a subsidiary of Thrivent. Licensed agent/producer of Thrivent. Registered representative of Thrivent Investment Management, Inc. Advisory services available through investment adviser representatives only. Thrivent.com/disclosures.