Foresters Financial maintains “A” rating from AM Best

Foresters Financial  has announced that A.M. Best has affirmed its Financial Strength Rating of “A” (Excellent) and issuer credit rating of “a+” with a stable outlook.

This marks the 24th consecutive year Foresters has maintained this rating, underscoring its financial stability.

Additionally, Morningstar DBRS confirmed Foresters’ ratings at “A” for FSR and A (low) for Subordinated Debt.

As of December 31, 2023, Foresters reported assets of $12.8 billion and a surplus of $1.5 billion, with solvency ratios exceeding local requirements across its operational jurisdictions.