Our financial measures
With nearly150 years history, Foresters Financial is financially strong, and more importantly, well-positioned for long-term financial health.
We share our key financial results, which are indicators of our growth, financial strength and stability. Please see our Financial Highlights and Consolidated Financial Statements for further information. The following information is for Foresters Financial and therefore includes the UK, Canada and the US.
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2020 Financial results (£)
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Total Assets
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£10.3bn |
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Total Liability
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£9.2bn |
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Surplus1
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£1.3bn |
| 1This surplus comprising assets of £10.3 billion and liabilities of £9.2 billion represents excess funds above the amount required as legal reserves for insurance and annuity certificates in force and provides additional assurances to our members for our long term financial strength. Financial results as at 31 December 2020. All figures are presented in UK pounds. The figures are based on consolidated financial results prepared in Canadian dollars as at 31 December 2020 and converted into UK pounds using the Bloomberg spot exchange rate of 1.7422. |
Solvency Financial Conditional Report
In line with the regulatory requirements based on the Solvency II Directive (2009/138/EC), please find below the Solvency Financial Conditional Report detailing the Group’s solvency position. The purpose of the document is to provide readers sufficient information in order to gain comfort that the Group has adequate governance, controls and capital to withstand adverse scenarios.
For the 2020 report click here
For the 2019 report click here
Tax Strategy
In compliance with HMRC guidance for large businesses to publish tax strategy please see Foresters Financial UK strategy paper attached here.