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Sharing our financial strength with you

When you choose Foresters Financial™ for your investment, life insurance, savings or retirement needs, you benefit from over 140 years of financial strength1 and stability. Your family’s financial well-being is a precious thing; we are privileged that families put their trust in us and we take this responsibility very seriously. We have $43.2 billion in total funds under management and financial reserves that are well above the Canadian life insurer standard. The Independent Order of Foresters, Foresters Life and Insurance Company and Foresters Life Insurance and Annuity Company have each received an “A” rating from A.M. Best 2.

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Key financial measures

  (Source : 2018 Financial Results)
   ($ millions CDN)
 Total Assets 17,784
 Surplus3 2,018
 Total Comprehensive Income (9.9)
 Total Funds under Management 43,213


See a PDF of our annual financial highlights or our consolidated financial statements

Financial Highlights

Consolidated Financial Statements

-- 2018
2017 2017
2016 2016
2015 2015




For Foresters Life Insurance Company financial statements, click here

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A.M. Best online rating report

The Independent Order of Foresters (IOF) financial strength, as measured by A.M. Best Company, is rated "A" (Excellent)2 and has been for the past 19 years. In 2019, A.M. Best also assigned IOF’s subsidiaries, Foresters Life Insurance Company (FLIC) and Foresters Life Insurance and Annuity Company (FLIAC) an “A” (Excellent) Financial Strength Rating. The A.M. Best ratings reflect the overall strength and claims-paying ability of IOF, FLIC and FLIAC but does not apply to the performance of any non IOF, FLIC or FLIAC issued product. An "A" (Excellent) rating is assigned to companies that have a strong ability to meet their ongoing obligations to policyholders and have, on balance, excellent balance sheet strength, operating performance and business profile when compared to the standards established by A.M. Best Company. In assigning our ratings on August 14, 2019, A.M. Best stated that the rating outlook is "stable", which means it is unlikely to change in the near future, assuming our financial strength is maintained and our operations grow.

 A.M. Best's Online Rating Report

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