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Fitch affirms Thrivent Financial's AA+ (Very Strong) rating with stable outlook
October 26, 2018 | Samantha Mehrotra, Public Relations Manager
Thrivent’s exceptionally strong capitalization and business profile cited as key drivers for rating
MINNEAPOLIS (Oct. 26, 2018) – Fitch Ratings affirmed Thrivent Financial's Insurer Financial Strength rating of AA+ (Very Strong), the second-highest of Fitch’s 19 categories, and gave the organization a stable outlook.
Fitch cited Thrivent’s exceptionally strong and high quality capitalization, and their belief that management is committed to maintaining statutory capital levels in excess of rating guidelines. In addition, Fitch stated it considers Thrivent’s business profile to be very strong.
These ratings reflect Thrivent Financial’s overall financial strength and claims-paying ability, but do not apply to the investment performance of investment products. The ratings were affirmed October 26, 2018.
About Thrivent Financial
Thrivent is a fraternal benefit society 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 representatives and independent agents nationwide. Thrivent is a FORTUNE 500 company with $136 billion in assets under management/advisement (as of 12/31/17). 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.
Insurance products issued or offered by Thrivent Financial, the marketing name for Thrivent Financial for Lutherans, Appleton, Wisconsin. 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, a FINRA and SIPC member and a wholly owned subsidiary of Thrivent. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc. They are also licensed insurance agents/producers of Thrivent. For additional important information, visit Thrivent.com/disclosures.