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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 financial reserves that are well above the Canadian life insurer standard. The Independent Order of Foresters and Foresters Life Insurance Company  have each received an “A” rating from A.M. Best 2.

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Key financial measures

(Source : 2020 Financial Results, in $ millions CDN)

Total Assets




Total Comprehensive (Loss)



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

Financial Highlights

Consolidated Financial Statements

LICAT Disclosure

Annual Report

2021 2021 2021 2021
2020 2020 2020 2020
2019 2019 2019 2019
2018 2018 2018

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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 21 years. In 2021, A.M. Best also assigned IOF’s subsidiary Foresters Life Insurance Company (FLIC) an “A” (Excellent) Financial Strength Rating. The A.M. Best ratings reflect the overall strength and claims-paying ability of IOF and FLIC but does not apply to the performance of any non IOF or FLIC 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 July 29, 2021, 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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