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Foresters financial strength

See our strength in action in our Purpose and Sustainability Impact Report

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Ongoing financial strength

Choosing Foresters Financial™ for your life insurance needs means benefiting from over 150 years of financial strength and stability. We understand that the well-being of your family couldn’t be more important; that’s why we take the upkeep of our financial strength seriously. It is the reason families put their trust in us.

The US branch of the Independent Order of Foresters (IOF) has a Risk-Based Capital (RBC) ratio of 451%, exceeding the guidelines developed by The National Association of Insurance Commissioners (NAIC) to make sure insurers set minimum levels of capital to support their business.

IOF’s financial strength, as measured by A.M. Best Company, is rated “A” (Excellent) and has been for the past 24 years. The A.M. Best ratings reflect the overall strength and claims-paying ability of IOF but does not apply to the performance of any non-IOF 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 September 6, 2024, 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.

In addition, DBRS Morningstar, the world’s fourth-largest credit ratings agency, has also confirmed IOF’s “A” Financial Strength Rating and Issuer Rating.1

Download the 2024 A.M. Best Online Rating Report

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Key financial measures2

Total assets

(USD billions)

$12.9


Surplus

(USD billions)

$1.5


Total comprehensive income

(USD millions)

$68.0


Purpose and Sustainability Impact Reports

Foresters Purpose and Sustainability Impact Report combines our financial results with inspiring member stories and our efforts to fulfill economic, social and environmental needs now without compromising future generations. As an organization, no matter what action we take, we're always guided by Foresters Purpose of enriching family and community well-being. Learn more about Foresters approach to sustainability here.

Download the 2024 Foresters Purpose and Sustainability Impact Report

 

Financial reports and policies

Get information on the financial performance of Foresters and find our policy on dividend-paying certificates.

Download the 2024 Financial Highlights

Download the 2024 IOF Consolidated Financial Statements

Download the Dividend policy

 





412738 US (05/25)

1 DBRS Morningstar Confirms Ratings on The Independent Order of Foresters at ‘A,’ Stable Trends – News release, July 09, 2024, https://dbrs.morningstar.com/
research/435945/morningstar-dbrs-confirms-credit-ratings-on-the-independent-order-of-foresters-at-a-trends-remain-stable

2 All figures are presented in USD. The figures are based on consolidated financial results prepared in Canadian dollars as at December 31, 2024, with assets and liabilities converted into USD using the spot exchange rate of 1.4384 and total comprehensive income converted to USD using the annual average exchange rate of 1.3698. Refer to the IOF Consolidated Financial Statements for further information. Financial strength refers to the overall health of The Independent Order of Foresters. It does not refer to nor represent the performance of any particular investment or insurance product. All investing involves risk, including the risk that you can lose money.