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Foresters financial strength

See 150 years of financial strength in our Annual Report to Members

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 23 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 August 17, 2023, 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 2023 A.M. Best Online Rating Report 

Key financial measures2

Annual reports

Our Annual Report to Members highlights financial results, select combined financial statements and information (when applicable) on how members can participate in our unique governance structure. We also produce an annual Sustainability Report showing how we fulfill economic, social and environmental needs now without compromising future generations through Foresters Purpose—to enrich family and community well-being. Learn more about Foresters approach to sustainability here.

Download the 2023 Annual Report to Members

Download the 2022 Sustainability Report


Financial reports and policies

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

Download the 2023 Financial Highlights

Download the 2023 IOF Consolidated Financial Statements

Download the Dividend policy


412738 US/CAN (04/24)

1 DBRS Morningstar Confirms Ratings on The Independent Order of Foresters at ‘A,’ Stable Trends – News release, July 10, 2023,

2 All figures are presented in USD. The figures are based on consolidated financial results prepared in Canadian dollars as at December 31, 2023, with assets and liabilities converted into USD using the spot exchange rate of 1.3243 and total comprehensive income converted to USD using the annual average exchange rate of 1.3497. 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.