Life Insurance Company Ratings 2022

Life insurance ratings chart

Are you looking for a complete resource to see all the life insurance company ratings 2022? Then you have come to the right place. When looking to purchase a life insurance policy it’s imperative to check the financial rating before moving forward with an insurer.  Knowing the financial rating will provide the knowledge and peace of mind the insurance company is financially sound and will be able to payout a potential future claim.

Table of contents

What Is A Life Insurance Company Rating?

A life insurance company rating is the financial rating (grade) provided from an independent rating agency. The rating is the agency’s opinion of an insurer’s financial strength and ability to meet its ongoing insurance policy and contract obligations. There are four main rating agencies; A.M. Best, S&P, Moody’s and Fitch. A.M. Best is considered the industry standard.

Life Insurance Company Ratings 2022 Chart

Search tip: press the “Ctrl and F” keys at the same time and type in the name of the insurer to find a company instantly.

CompanyA.M. BestS&PMoody’sFitchComdex Rating
Northwerstern Mutual Life Insurance Company A++AA+ Aaa AAA100
New York Life Insurance Company A++AA+ Aaa Aaa 100
TIAA-CREF Life Insurance Company A++ AA+ Aa1 AAA 99
USAA Life Insurance Company A++ AA+ Aa1 99
MassMutual Life Insurance Company A++ AA+ Aa3 AA+ 98
State Farm Life Insurance Company A++ AA Aa198
Guardian Life Insurance Company A++AA+Aa2AA+98
Knights of Columbus A+AA+98
C.M. Life Insurance Company A++AA+Aa3AA+98
MML Bay State Life Insurance Company A++ AA+Aa3 AA+98
Sun Life & Health Insurance Company A+AA97
Great-West Life & Annuity A+AAAa3AA96
Minnesota Life Insurance Company A+AA-Aa3AA96
American United Life Insurance Company (OneAmerica)A+AA-96
State Life Insurance CompanyA+AA-96
Western & Southern Life Insurance Company A+AA-Aa3AA96
Integrity Life Insurance Company A+AA-Aa396
Lafayette Life Insurance Company A+AA-AA96
Columbus Life Insurance Company A+AA-Aa3AA96
Securian Life Insurance Company A+AA-Aa3AA96
MetLife Insurance Company A+AA-Aa3AA-95
Prudential Life Insurance Company of America A+AA-Aa3AA-95
Pruco Life Insurance Company A+AA-Aa3AA-95
Pruco Life Insurance Company of NJA+AA-AA-94
Pacific Life Insurance CompanyA+AA-Aa3AA-95
Pacific Life & Annuity Company A+AA-Aa3AA-95
Allianz Life Insurance Company of NAA+AAA194
Banner Life Insurance CompanyA+AA-AA-95
William Penn Life Insurance Company of NY A+AA-Aa3AA-95
John Hancock Life Insurance Company (USA)A+AA-A1AA-93
Penn Mutual Life Insurance Company A+A+Aa393
Primerica Life Insurance Company A+AA-A193
RiverSource Life Insurance Company A+A+Aa392
Great American Life Insurance Company A+A+Aa392
Lincoln National Life Insurance CompanyA+AA-A1A+91
Protective Life Insurance Company A+AA-A1A+91
Fidelity Investments Life Insurance CompanyA+A+91
American Life Insurance Company NRAA-A191
West Coast Life Insurance CompanyA+AA-A1A+91
Companion Life Insurance CompanyA+A+91
Vantis Life Insurance CompanyA+AAa391
Life Insurance Company of the SouthwestA+A+A190
Hartford Life & Accident Insurance A+A+A190
National Life Insurance Company A+A+A190
Principal Life Insurance Company A+A+A1AA-90
Nationwide Life Insurance Company A+A+A190
United of Omaha Life Insurance Company A+A+A190
Wilcac Life Insurance CompanyA+90
Texas Life Insurance Company A+90
Principal National Life Insurance Company A+A+A190
Midland National Life Insurance Company A+A+89
North American Company Life & Health A+A+89
Cincinnati Life Insurance Company A+A+89
Reliance Standard Life Insurance Company A++A+A288
MONY Life Insurance Company A+A+A1A+88
American Heritage Life Insurance Company A+A87
Liberty National Life Insurance CompanyAAA-A1A+84
Globe Life & Accident Insurance Company AAA-A+84
American Income Life Insurance Company (AIL)AAA-A+84
United American Insurance Company AAA-A+84
Zurich American Life Insurance CompanyA+AA382
Transamerica Life Insurance Company AA+A181
Allstate Life Insurance CompanyA+BBB81
American General Life Insurance Company AA+A2A+80
United State Life Insurance Company of NY AA+A2A+80
Modern Woodmen of America A80
Equitable Financial Life Insurance CompanyAA+A279
Symetra Life Insurance Company AAA179
CMFG Life Insurance Company AA+A279
ReliaStar Life Insurance Company AA+A2A79
Equitable Financial Life of AmericaAA+A279
ReliaStar Life Insurance Company NYAA+A2A79
Members Life Insurance Company AA+A279
Athene Annuity & Life Company AA+A78
Ameritas Life Insurance Corporation AA+78
Brighthouse Life Insurance Company of NY AA+78
American Family Life Insurance Company AA+78
Ameritas Life Insurance Corporation of NYAA+78
Dearbon National Life Insurance Company AA+78
First Penn-Pacific Life Insurance Company AA-A1A+78
Jackson National Life Insurance Company AAA2A77
Brighthouse Life Insurance Company AA+A3A77
Connecticut General Life Insurance AAA2A77
Jackson National Life Insurance Company of NYAAA2A77
New England Life Insurance Company AA+A3A77
Horace Mann Life Insurance Company AAA2A77
Cigna Health & Life Insurance Company AAA276
Aetna Life Insurance Company AA-A2A75
Mutual Trust Life Insurance Company AA75
Pan-American Life Insurance Company AA75
Blue Shield of CA Life & Health AA75
American National Insurance Company AA74
Pacific Guardian Life Insurance Company AA74
Commonwealth Annuity & Life AA-A3A73
Forethought Life Insurance CompanyAA-A3A73
Unum Life Insurance Company of America AAA3A-73
Accordia Life & Annuity Company AA-A3A73
Provident Life & AccidentAAA3A-73
Colonial Life & Accident Insurance AAA3A-73
First Allmerica Financial LifeAA-A3A-73
Paul Revere Life Insurance Company AAA3A-73
Ohio National Life Insurance Company AA3A-72
Americo Financial Life & AnnuityAA372
United Insurance Company of America AA-A372
National Western Life Insurance Company AA-A372
Savings Bank Mutual Life Insurance (SBLI) AA-71
Provident Life & CasualtyAA-71
Aetna Health & Life Insurance CompanyAA-71
USAble Life AA-A-71
Reliable Life Insurance Company AA-A-71
Union National Life Insurance Company AA-A-71
Security Life of Denver Insurance CompanyNRA-Baa1A-70
Health Net Life Insurance CompanyNRA-Baa1A-69
Bankers Life & Casualty Company A-A-A3A-62
Washington National Insurance Company A-A-A3A-62
Colonial Penn Life Insurance Company A-A-A3A-62
Fidelity & Guaranty Life Insurance Company A-A-Baa1A-60
Unum Insurance Company A-A3A-59
Security Benefit Life Insurance Company A-A-58
Gleaner Life Insurance SocietyA-58
Catholic Order of ForestersA-58
Bankers Conseco Life Insurance CompanyA-A-A-58
Bankers Life of LouisianaA-58
Southern Financial Life Insurance CoA-58
American Memorial Life Insurance Company A-A55
Humana Insurance Company of KY A-A55
Eagle Life Insurance Company A-A55
ShelterPoint Life Insurance Company A-A-52
Equitable Financial Life & AnnuityB++A+50
Union Security Insurance Company B++BBB+Baa149
Delaware Life Insurance Company A-BBB+49
Talcott Resolution Life Insurance Company B++BBBBaa348
Baltimore Life Insurance Company B++48
United Heritage Life Insurance Company B++48
EquiTrust Life Insurance Company B++BBB+40
Investors Heritage Life Insurance CompanyB++BBB-40
Family Life Insurance CompanyB+36
Genworth Life Insurance Company C++Caa132
Genworth Life & Annuity Insurance Company BB332
Genworth Life Insurance Company of New York C++Caa132
ELCO Mutual Life & AnnuityB+32
Thrivent Financial for Lutherans A++
Southern Farm Bureau Life Insurance Company A+
Woodmen of the World Life A+
Sentry Life Insurance Company A+
Jefferson National Life Insurance Company A+
COUNTRY Life Insurance Company A+
Auto-Owners Life Insurance Company A+
Combined Insurance Company of America A+
Tennessee Farmers Life Insurance Company A+
Federated Life Insurance Company A+
Amica Life Insurance Company A+
Freedom Life Insurance Co AmericaA+
National Foundation Life InsuranceA+
Companion Life Ins Co of CAA+
Farm Bureau Life Insurance Company A
Farmers New World Life Insurance Company A
Gerber Life Insurance Company A
National Guardian Life Insurance Company A
Erie Family Life Insurance Company A
Oxford Life Insurance Company A
Farm Bureau Life Insurance Co of MichiganA
Physicians Mutual Insurance Company A
United Farm Family Life Insurance Company A
Blue Cross & Blue Shield of Kansas A
Physicians Life Insurance Company A
Boston Mutual Life Insurance Company A
Alfa Life Insurance Corporation A
Automobile Club Southern CA Life (AAA) A
Shelter Life Insurance Company A
Great Western Insurance Company A
American Republic Insurance Company A
Royal Neighbors of America A
Fidelity Security Life Insurance Company A
Auto Club Life Insurance Company (AAA)A
HM Life Insurance Company A
Anthem Life Insurance Company A
AAA Life Insurance Company A
National Teachers Association Life Ins A
Standard Life & Accident InsuranceA
American-Amicable Life Insurance Co of TX A
Globe Life Ins Co of New YorkA
IA American Life Ins CompanyA
Great Southern Life Insurance CompanyA
Cincinnati Equitable Life InsuranceA
Lumio Life Insurance Company A
Garden State Life Insurance Company A
Starmount Life Insurance Company A
Greater Georgia Life Ins CoA
Advance Ins Co of KansasA
Christian Fidelity Life Ins CoA
Anthem Life & Disability Ins CoA
Patriot Life Insurance CompanyA
AAA Life Insu Co of NYA
Leaders Life Insurance CompanyA
Lumico Life Ins Co of NYA
Lincoln Benefit Life Insurance Company A-
Union Labor Life Insurance Company A-
Kansas City Life Insurance Company A-
GBU Financial Life A-
Homesteaders Life Company A-
Assurity Life Insurance Company A-
Sagicor Life Insurance Company A-
SBLI USA Life Insurance Company A-
United Life Insurance Company A-
Liberty Bankers Life Insurance Company A-
Trustmark Insurance Company A-
Funeral Directors Life Insurance Company A-
Perkin Life Insurance CompanyA-
Illinois Mutual Life Insurance Company A-
Shenandoah Life Insurance CompanyA-
Catholic Life Insurance A-
Lincoln Heritage Life Insurance Company A-
First Catholic Slovak Ladies (FCSLA Life)A-
EMC National Life Company A-
Government Personnel Mutual (GPM Life)A-
Ozark National Life Ins CompanyA-
Guarantee Trust Life Insurance Company A-
Farm Bureau Life Insurance Co of Missouri A-
Fidelity Life Association A-
Harleysville Life Insurance CompanyA-
Nippon Life Insurance Co of AmericaA-
American Benefit Life Insurance CompanyA-
Madison National Life Insurance CompanyA-
Bankers Fidelity Life Insurance CompanyA-
GPM Health & Life Insurance CompanyA-
United Hone Life Insurance CompanyA-
Kentucky Funeral Directors LifeA-
ShelterPoint Life Insurance Company A-
Greenhouse Life Insurance CompanyA-
Assurity Life Ins Co of NYA-
American Health & Life Insurance B++
Atlantic Coast Life Insurance CompanyB++
Sentinel Security Life Insurance Company B++
New Era Life Insurance Company B++
Grange Life Insurance Company B++
American Fidelity Life Insurance Company B++
Old American Insurance CompanyB++
Puritan Life Ins Co of AmericaB++
Manhattan National Life Insurance CoB++
Life Insurance Company of AlabamaB++
Germania Life Insurance CompanyB++
LifeShield National Insurance CompanyB++
National Security Insurance CompanyB++
SWBC Life Insurance CompanyB++
Sunset Life Insurance Company of AmerB++
Citizens Security Life Insurance CompanyB++
Gulf Guaranty Life Insurance CompanyB++
Nassau Life Insurance CompanyB+
Nassau Life & Annuity Company B+
National Farmers Union Life Ins CoB+
Wichita National Life Insurance Company (WNL)B+
Life Insurance Company of LouisianaB+
Town & Country Life Insurance CompanyB+
Mountain Life Insurance CompanyB+
Colombian Mutual Life Insurance CompanyB
Colombian Life Insurance CompanyB
American Federated Life InsuranceB

The life insurance companies without a Comdex score didn’t receive enough ratings other than from A.M. Best to calculate a score. Since A.M. Best is the gold standard rating agency, many top companies only seek their rating.

Why Are Life Insurance Company Ratings Important?

Choosing a life insurance company with a high rating will help ensure the company is financially strong and will have the ability to payout a claim in the future.

How To Read Life Insurance Company Ratings

As seen in the chart above, there are four main rating agencies when it comes to life insurance. The most commonly used and prominent is A.M. Best. This is because A.M. Best is the only global credit rating agency solely dedicated to the insurance industry. There is also S&P, Moody’s and Fitch. Another metric to check is the Comdex Score. Below are the rating tables and definitions to help you quickly evaluate the financial strength of a life insurance company.

A.M. Best

A,M. Best
A++, A+ (Superior)B, B- (Fair)
A, A- (Excellent)C++, C+ (Marginal)
B++, B+ (Good)C, C- (Weak)
 D (Poor)
 E (Under Regulatory Supervision)
 F (In Liquidation)
 S (Suspended)

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Fitch Ratings

AAA: Highest credit quality– ‘AAA’ ratings denote the lowest expectation of default risk. They are assigned only in cases of exceptionally strong capacity for payment of financial commitments. This capacity is highly unlikely to be adversely affected by foreseeable events.

AA: Very high credit quality– ‘AA’ ratings denote expectations of very low default risk. They indicate very strong capacity for payment of financial commitments. This capacity is not significantly vulnerable to foreseeable events.

A: High credit quality– ‘A’ ratings denote expectations of low default risk. The capacity for payment of financial commitments is considered strong. This capacity may, nevertheless, be more vulnerable to adverse business or economic conditions than is the case for higher ratings.

BBB: Good credit quality– BBB’ ratings indicate that expectations of default risk are currently low. The capacity for payment of financial commitments is considered adequate but adverse business or economic conditions are more likely to impair this capacity.

BB: Speculative– ‘BB’ ratings indicate an elevated vulnerability to default risk, particularly in the event of adverse changes in business or economic conditions over time; however, business or financial flexibility exists which supports the servicing of financial commitments.

B: Highly speculative– ‘B’ ratings indicate that material default risk is present, but a limited margin of safety remains. Financial commitments are currently being met; however, capacity for continued payment is vulnerable to deterioration in the business and economic environment.

CCC: Substantial credit risk– Default is a real possibility.

CC: Very high levels of credit risk– Default of some kind appears probable.

C: Exceptionally high levels of credit risk– Default is imminent or inevitable, or the issuer is in standstill. Conditions that are indicative of a ‘C’ category rating for an issuer include:

  • a. the issuer has entered into a grace or cure period following non-payment of a material financial obligation;
  • b. the issuer has entered into a temporary negotiated waiver or standstill agreement following a payment default on a material financial obligation; or
  • c. Fitch Ratings otherwise believes a condition of ‘RD’ or ‘D’ to be imminent or inevitable, including through the formal announcement of a distressed debt exchange.

RD: Restricted default– RD’ ratings indicate an issuer that in Fitch Ratings’ opinion has experienced an uncured payment default on a bond, loan or other material financial obligation but which has not entered into bankruptcy filings, administration, receivership, liquidation or other formal winding-up procedure, and which has not otherwise ceased operating. This would include:

  • a. the selective payment default on a specific class or currency of debt;
  • b. the uncured expiry of any applicable grace period, cure period or default forbearance period following a payment default on a bank loan, capital markets security or other material financial obligation;
  • c. the extension of multiple waivers or forbearance periods upon a payment default on one or more material financial obligations, either in series or in parallel; or
  • d. execution of a distressed debt exchange on one or more material financial obligations.

D: Default– ‘D’ ratings indicate an issuer that in Fitch Ratings’ opinion has entered into bankruptcy filings, administration, receivership, liquidation or other formal winding-up procedure, or which has otherwise ceased business.

Moody’s Investors Service

»Aaa– highest rating, representing minimum credit risk

»Aa1, Aa2, Aa3– high-grade

»A1, A2, A3– upper-medium grade

»Baa1, Baa2

Standard & Poor’s (S&P)

AAAAn obligation rated ‘AAA’ has the highest rating assigned by Standard & Poor’s. The obligor’s capacity to meet its financial commitment on the obligation is extremely strong.
AAAn obligation rated ‘AA’ differs from the highest-rated obligations only to a small degree. The obligor’s capacity to meet its financial commitment on the obligation is very strong.
AAn obligation rated ‘A’ is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher-rated categories. However, the obligor’s capacity to meet its financial commitment on the obligation is still strong.
BBBAn obligation rated ‘BBB’ exhibits adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation.
BB; B; CCC; CC; and CObligations rated ‘BB’, ‘B’, ‘CCC’, ‘CC’, and ‘C’ are regarded as having significant speculative characteristics. ‘BB’ indicates the least degree of speculation and ‘C’ the highest. While such obligations will likely have some quality and protective characteristics, these may be outweighed by large uncertainties or major exposures to adverse conditions.
BBAn obligation rated ‘BB’ is less vulnerable to nonpayment than other speculative issues. However, it faces major ongoing uncertainties or exposure to adverse business, financial, or economic conditions which could lead to the obligor’s inadequate capacity to meet its financial commitment on the obligation.
BAn obligation rated ‘B’ is more vulnerable to nonpayment than obligations rated ‘BB’, but the obligor currently has the capacity to meet its financial commitment on the obligation. Adverse business, financial, or economic conditions will likely impair the obligor’s capacity or willingness to meet its financial commitment on the obligation.
CCCAn obligation rated ‘CCC’ is currently vulnerable to nonpayment, and is dependent upon favorable business, financial, and economic conditions for the obligor to meet its financial commitment on the obligation. In the event of adverse business, financial, or economic conditions, the obligor is not likely to have the capacity to meet its financial commitment on the obligation.
CCAn obligation rated ‘CC’ is currently highly vulnerable to nonpayment. The ‘CC’ rating is used when a default has not yet occurred, but Standard & Poor’s expects default to be a virtual certainty, regardless of the anticipated time to default.
CAn obligation rated ‘C’ is currently highly vulnerable to nonpayment,and the obligation is expected to have lower relative seniority or lower ultimate recovery compared to obligations that are rated higher.
DAn obligation rated ‘D’ is in default or in breach of an imputed promise. For non-hybrid capital instruments, the ‘D’ rating category is used when payments on an obligation are not made on the date due, unless Standard & Poor’s believes that such payments will be made within five business days in the absence of a stated grace period or within the earlier of the stated grace period or 30 calendar days. The ‘D’ rating also will be used upon the filing of a bankruptcy petition or the taking of similar action and where default on an obligation is a virtual certainty, for example due to automatic stay provisions. An obligation’s rating is lowered to ‘D’ if it is subject to a distressed exchange offer.
NRThis indicates that no rating has been requested, or that there is insufficient information on which to base a rating, or that Standard & Poor’s does not rate a particular obligation as a matter of policy.

Comdex Score

Comdex Ranking

The Comdex score is the average ranking a company receives from the four major rating agencies in America.  The Comdex score is not a rating itself, but rather an unbiased number that can be used to quickly and easily compare the ratings a company has received from the top rating agency.

How to Read It?

Rather than using letters, Comdex uses numbers on a scale of 1 to 100, with 100 being the best possible score and 1 being the lowest score.  The Comdex ranking is objective and based exclusively on the calculated ratings from the four major rating agencies.

Insurance Rating Services Used in Calculation

Comdex is determined on the evaluations from the following rating services:

  • AM Best
  • Standard & Poor’s
  • Moody’s Investors Services
  • Fitch

A company must receive ratings from at least two of the four major rating agencies in order to receive a Comdex score.


Always look at the life insurance company ratings 2022 before selecting the insurer that will protect your family or business. A good rule of thumb is to always choose a company with an [A] Excellent rating or better from A.M. Best. By following this axiom, you will have the peace of mind that the industry leading rating agency has assessed that the insurance company has an Excellent or Superior ability to meet their ongoing insurance obligations.

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