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AM Best Affirms Thrivent's A++ (Superior) Rating With Stable Outlook
May 15, 2019 | Samantha Mehrotra, Public Relations Manager
Agency recognizes the organization’s sound business fundamentals and efforts to expand its membership and grow within the Christian community
MINNEAPOLIS (May 15, 2019) – AM Best announced today it has affirmed Thrivent’s A++ (Superior) rating as well as its stable outlook. The A++ (Superior) rating is the highest of the ratings agency’s 16 ratings categories.
AM Best cited the organization’s balance sheet strength as well as its strong operating performance, favorable business profile and very strong enterprise risk management. The agency also noted Thrivent’s continued growth by expanding its customer membership in the Christian community and highlighted the loyalty it enjoys among its membership base. Finally, AM Best noted that Thrivent maintains a high quality capital structure which utilizes no debt and fully retains product-related risks on its balance sheet.
Ratings from agencies like AM Best are indicative of Thrivent’s strength and claims-paying ability to meet policyholder obligations but do not apply to the investment performance of investment products.
About ThriventThrivent is a not-for-profit financial services organization that helps Christians on the wise with money journey. As a mission-driven, membership-owned organization, it offers its more than 2 million members and customers a broad range of financial products, services and guidance to help them obtain a life of contentment, confidence and generosity. Thrivent and its subsidiary and affiliate companies offer insurance, investments, banking and advice over the phone, online as well as through financial professionals and independent agents nationwide. Thrivent is a FORTUNE 500 company with $134 billion in assets under management/advisement (as of 12/31/18). For more than a century it has helped Christians make wise money choices that reflect their values while providing them opportunities to demonstrate their generosity where they live, work and worship. For more information, visit Thrivent.com. You can also find us on Facebook and Twitter.