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Fitch Affirms Thrivent's AA+ (Very Strong) Rating Along With Stable Outlook
May 21, 2019 | Samantha Mehrotra, Public Relations Manager
The organization’s exceptionally strong capitalization and favorable business profile contributed to the rating
MINNEAPOLIS (May 21, 2019) – Fitch Ratings affirmed Thrivent’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. As part of the affirmation, Fitch also highlighted Thrivent’s business profile, which it considers to be very strong due in part to the common bond shared by Thrivent’s membership.
These ratings reflect Thrivent’s overall financial strength and claims-paying ability, but do not apply to the investment performance of investment products. The ratings were affirmed on May 17, 2019.
About ThriventThrivent is a not-for-profit financial services organization that helps Christians be wise with money. 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.
THRIVENT IS THE MARKETING NAME FOR THRIVENT FINANCIAL FOR LUTHERANS. Insurance products issued by Thrivent Financial for Lutherans. Not available in all states. Licensed agent/producer of Thrivent. Thrivent.com/disclosures.