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Sharing our financial strength with you

When you choose Foresters Financial for your personal insurance, savings and investing, or pension planning needs, you benefit from over 140 years of financial strength and stability. Your family’s financial security is a precious thing; we are privileged that families put their trust in us and we take this responsibility very seriously. We have $28 billion (CDN) in funds under management and financial reserves that are well above the Canadian life insurer standard. We have also received an “A” rating from A.M. Best for the past 15 straight years. 

 

Key financial measures

   (Source : 2017 Financial Results)
   ($ millions CDN)
 Total Assets  17,684
 Surplus1  2,031
 Total Comprehensive Income (88.2)
 Total Funds under Management  45,100

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

1This surplus comprising assets of $17.7 billion and liabilities of $15.7 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 December 31, 2017. All figures in Canadian dollars.

Financial Highlights  Consolidated Financial Statements
 2017  2017
 2016  2016
 2015  2015
 2014  2014
 2013  2013

 

Solvency Financial Conditional Report

In line with the regulatory requirements based on the Solvency II Directive (2009/138/EC), please find attached 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 2017 report click here.

For the 2016 report click here.

 

Tax Strategy

In compliance with HMRC guidance for large businesses to publish tax strategy please see Foresters Financial UK tax strategy paper attached here.

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