Life Insurance Company Ratings 2024

Life insurance ratings chart

Are you looking for a complete resource to see all the life insurance company ratings 2024? 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.

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 July 2024 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
Northwestern Mutual Life Insurance CompanyA++AA+ Aaa AAA100
New York Life Insurance CompanyA++AA+ Aaa Aaa 100
Thrivent Financial for LutheransA++A++100
Guardian Life Insurance CompanyA++A++Aa199
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
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
Minnesota Life Insurance Company A+AA-Aa3AA98
TIAA-CREF Life Insurance Company A++ AA+A1AAA97
Allianz Life Insurance Company of NYA+AAAa196
Sun Life & Health Insurance Company A+AA96
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
National Integrity Life Ins Company of NYA+AA-Aa3AA96
Allianz Life Insurance Company of NAA+AA-AA-96
State Life Insurance CompanyA+AA-95
American United Life Insurance CompanyA+AA-95
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
Pacific Life Insurance CompanyA+AA-AA-95
Pacific Life & Annuity Company A+AA-Aa3AA-95
Pruco Life Insurance Company of NJA+AA-AA-94
Banner Life Insurance CompanyA+AA-AA-94
William Penn Life Insurance Company of NY A+AA-AA-94
John Hancock Life Insurance Company (USA)A+AA-A1AA-93
John Hancock Life Insurance Company of NYAAA-A1AA-93
Penn Mutual Life Insurance Company A+A+Aa3AA-93
Primerica Life Insurance Company A+AA-A193
Protective Life Insurance CompanyA+AA-A1AA-93
West Coast Life Insurance CompanyA+AA-A1AA-93
RiverSource Life Insurance Company A+A+Aa393
Fidelity Investments Life Insurance CompanyA+A+91
Empire Fidelity Investments LifeA+A+91
American Life Insurance Company NRAA-A191
Vantis Life Insurance CompanyA+AAa391
Penn Insurance & Annuity Co of NYA+AAa3AA-91
Principal National Life Insurance CompanyA+A+A1AA-91
MONY Life Insurance CompanyA+A+A1AA-91
Dearborn National Life Insurance CompanyA+A+91
Dearborn National Life Insurance Co of NYA+A+91
Life Insurance Company of the SouthwestA+A+A190
Hartford Life & Accident Insurance A+A+A190
National Life Insurance Company A+A+A190
Nationwide Life Insurance Company A+A+A190
United of Omaha Life Insurance Company A+A+A190
Midland National Life Insurance Company A+A+A+89
North American Company Life & Health A+A+A+89
Cincinnati Life Insurance Company A+A+A+89
Texas Life Insurance CompanyA+A87
Zurich American Life Insurance CompanyA+A87
Liberty National Life Insurance CompanyAAA-A1A+84
Globe Life & Accident Insurance Company AAA-A+83
American Income Life Insurance Company (AIL)AAA-A+83
United American Insurance Company AAA-A+83
Transamerica Life Insurance Company AA+A182
Equitable Financial Life of AmericaAA+A182
Standard Insurance CompanyAA+A182
Equitable Financial Life of AmericaAA+A182
Modern Woodmen of AmericaA81
American General Life Insurance Company AA+A2A+80
Lincoln National Life Insurance CompAA+A2A+80
United State Life Insurance Company of NY AA+A2A+80
Symetra Life Insurance Company AAA179
CMFG Life Insurance Company AA+A279
ReliaStar Life Insurance Company AA+A2A79
ReliaStar Life Insurance Company NYAA+A2A79
Ameritas Life Insurance Corporation AA+79
Ameritas Life Insurance Corporation of NYAA+79
Brighthouse Life Insurance Company of NY AA+79
Ameritas Life Insurance Corporation of NYAA+79
American Family Life Insurance Company(WI)AA+77
Jackson National Life Insurance Company AAA3A74
Jackson National Life Insurance Company of NYAAA3A74
Brighthouse Life Insurance Company AA+A3A76
Horace Mann Life Insurance Company AAA2A76
Cigna Health & Life Insurance Company AAA276
American National Insurance CompanyAAA76
Pan-American Life Insurance Company AA75
Accordia Life & Annuity CompanyAA-A2A75
Blue Shield of CA Life & Health AA75
Forethought Life Insurance CompanyAA-A2A75
First Allmerica Financial LifeAA-AaA75
Provident Life & CasualtyAA75
Aetna Life Insurance CompanyAA-A274
Bankers Conseco Life Insurance CompanyA-A-A-74
Pacific Guardian Life Insurance Company AA74
Unum Life Insurance Company of America AAA3A-74
First Unum Life Insurance CompanyAAA3A74
Colonial Life & Accident Insurance AAA3A74
Paul Revere Life Insurance Company AAA3A74
Provident Life & AccidentAAA3A74
Humana Insurance Company of KYAA74
Bankers Life & Casualty CompanyAA-A3A73
Colonial Penn Life Insurance CompanyAA-A3A-73
Washington National Insurance CompanyAA-A73
Americo Financial Life & AnnuityAA371
National Western Life Insurance Company AA-71
Savings Bank Mutual Life Insurance (SBLI) AA-71
USAble Life AA-A71
Fidelity & Guaranty Life Insurance CompanyAA-A3A-71
Health Net Life Insurance CompanyNRA-Baa1A-69
Security Life of Denver Insurance CompanyNRBaa1A-68
United Insurance Company of AmericaA-A-A3A-60
Talcott Resolution Life Insurance CompanyA-BBB+Baa257
Security Benefit Life Insurance CompanyA-A-56
Union National Life Insurance CompanyA-A-A-56
SBLI USA Life Insurance CompanyA-55
Shenandoah Life Insurance CompanyA-55
Gleaner Life Insurance SocietyA-55
United Heritage Life Insurance CompanyA-55
Bankers Life of LouisianaA-55
Southern Financial Life Insurance CoA-55
Union Security Insurance CompanyB++BBB+A252
ShelterPoint Life Insurance CompanyA-A-49
Lincoln Benefit Life CoA-48
Baltimore Life Insurance CompanyB++48
Catholic Order of ForestersB++48
EquiTrust Life Insurance Company B++BBB+39
Investors Heritage Life Insurance CompanyB++BBB-39
ELCO Mutual Life & AnnuityB++39
Genworth Life Insurance Company C++Caa132
Genworth Life & Annuity Insurance Company B-B332
Genworth Life Insurance Company of New York C++Caa132
Southern Farm Bureau Life Insurance Company A+
Companion Life Insurance CompanyA+
Equitable Financial Life & AnnuityA
American Heritage Life Insurance CompanyA+
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 (Chubb)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+
Farm Bureau Life Insurance Company A
Farmers New World Life Insurance Company A
Mutual Trust Life Insurance Company A
Gerber Life Insurance Company NYA
National Guardian Life Insurance Company A
Independent Order of ForestersA
Erie Family Life Insurance Company A
Oxford Life Insurance Company A
Farm Bureau Life Insurance Co of MichiganA
Physicians Mutual Insurance Company 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
Anthem Life Insurance Company A
AAA Life Insurance Company A
National Teachers Association Life Ins (NTA Life)A
Standard Life & Accident InsuranceA-
American-Amicable Life Insurance Co of TX A
Globe Life Ins Co of New YorkA
Great Southern Life Insurance CompanyA
Cincinnati Equitable Life InsuranceA
Lumico 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 Insurance Company of NYA
Leaders Life Insurance CompanyA
Union Labor Life Insurance Company A-
Kansas City Life Insurance Company A-
GBU Financial Life A-
Homesteaders Life Company A-
Encova Life Insurance CompanyNR
Assurity Life Insurance Company A-
Sagicor 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-
Illinois Mutual Life Insurance Company A-
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-
American Benefit Life Insurance CompanyA-
Madison National Life Insurance CompanyA
Bankers Fidelity Life Insurance CompanyA-
GPM Health & Life Insurance CompanyA-
United Home Life Insurance CompanyA
Kentucky Funeral Directors LifeNR
ShelterPoint Life Insurance Company A-
Assurity Life Ins Co of NYA-
SWBC Life Insurance CompanyA-
Germania Life Insurance CompanyB
American Health & Life Insurance B++
Atlantic Coast Life Insurance CompanyB++
Family Life Insurance CompanyB++
Sentinel Security 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++
LifeShield National Insurance CompanyB++
Gulf Guaranty Life Insurance CompanyB++
Town & Country Life Insurance CompanyB+
Mountain Life Insurance CompanyB
Columbian Life Insurance CompanyC++
Life insurance company ratings table 2024

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)

This image has an empty alt attribute; its file name is A.M.-Best.jpg

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 2024 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.

Keep Reading:

error: Content is protected !!