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Our Financial Strength

With nearly 150 years history of financial strength and stability, you can trust us to take care of your financial future.
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Financial strength

Forester Life is part of Foresters Financial, an international financial services organisation. We are a mutual organisation, of which Forester Life was responsible for over £5.4 billion funds under management, as of 31st December 2023. For 150 years we have focused on sharing our financial strength with over 2.5 million customers and members across the UK, Canada and United States.

We have also received an “A” rating for the past 23 years from A.M. Best, who are a credit rating agency for the insurance industry. An “A” (Excellent) Financial Strength Rating is assigned to companies that have a strong ability to meet their ongoing obligations to policy holders and have, on balance, excellent balance sheet strength, operating performance and business profile when compared to the standards established by A.M. Best Company.

Foresters member making a difference at an event

Our financial measures

With 150 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.

2023 Financial results (£)

Total Assets 


Total Liability



 1This surplus comprising assets of £10.0 billion and liabilities of £8.8 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 2023. All figures are presented in UK pounds. The figures are based on consolidated financial results prepared in Canadian dollars as at 31 December 2023 and converted into UK pounds using the Bloomberg spot exchange rate of 1.6871.


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 2023 report click here

For the 2022 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.

Financial security for you and your loved ones Take a look at our Plans