Financials/Why EquiTrust

Strength - Innovation

When you seek strength and innovation from a financial services provider, look no further than EquiTrust Life Insurance Company. Our company is licensed in 49 states and the District of Columbia, and offers annuity products.

Strength

You can count on our financial strength. EquiTrust Life Insurance Company is rated B++ (Good) by A.M. Best Company¹, A- (High) by Fitch Ratings², and A- (Strong) by Standard & Poor's³ for its financial strength and ability to meet obligations to policyholders.

Equitrust has been recognized on Ward's 50 Top Life and Health Insurance Companies⁴ for nine consecutive years. The Ward Group analyzes the financial performance of over 700 US-based life and health insurance companies. To be among the Ward's 50, each company must pass all safety and consistency screens, and have achieved superior performance over the five years analyzed. EquiTrust earns this recognition for performance from 2017 through 2023.

Magic Johnson Enterprises – a diversified consortium of business entities and partnerships – owns a controlling interest in EquiTrust.

Innovation

Just as the world continues to change and grow, EquiTrust remains in motion. We're dedicated to providing you with new financial ideas to meet evolving client needs. And we do it all by standing true to our principles and offering the integrity you look for in a financial services company.

Financial Highlights

EquiTrust's conservative investment strategies are anchored by a disciplined and diversified management style. The strength and success of our portfolio is evidence of our proficiency in the investment industry.

Strength of Asset Portfolio

Total	$27,192,992,564	100.0%
Bonds & Cash	$20,504,014,062	75.4%
Stocks	$390,205,684	1.4%
Mortgage	$3,575,987,634	13.2%
Contract Loans	$6,813,617	0.0%
Separate Accounts	$826,195,210	3.0%
Other	$1,889,776,357	6.9%

Total	100.0%
NAIC 1 - AAA/AA/A	50.8%
NAIC 2 - BBB	43.1%
NAIC 3 - BB	5.5%
NAIC 4 - B	0.5%
NAIC 5 - CCC or lower	0.1%
NAIC 6 - In or near default	0.0%

More Info

A.M. Best "B++" (Good) rating as of August 18, 2012. A.M. Best has 13 active-company insurance company ratings and reflect the current and independent opinion of a company's ability to meet its obligations to policyholders, and are derived by evaluating a company's balance sheet strength, operating performance and business profile. A "B++" rating is the fifth highest of the active-company ratings. The A.M. Best rating scale is A++ (Superior), A+ (Superior), A (Excellent), A- (Excellent), B++ (Good), B+ (Good), B (Fair), B- (Fair), C++ (Marginal), C+ (Marginal), C (Weak), C- (Weak) and D (Poor). A.M. Best's ratings are not a warranty of an insurer's current or future ability to meet obligations to policyholders, nor are they a recommendation of a specific policy, contract, rate or claim practice.
All Fitch Ratings (Fitch) credit ratings are subject to certain limitations and disclaimers. Please read these limitations and disclaimers by following this link: https://www.fitchratings.com/understandingcreditratings. In addition, the following https://www.fitchratings.com/rating-definitions-document details Fitch's rating definitions for each rating scale and rating categories, including definitions relating to default.
Standard & Poor's Rating Services "A-" (Strong) rating as of July 2024. Standard & Poor's has eight financial strength ratings assigned to solvent insurance companies: AAA (Extremely Strong), AA (Very Strong), A (Strong), BBB (Good), BB (Marginal), B (Weak), CCC (Very Weak), CC (Extremely Weak). Plus (+) or minus (-) modifiers show the relative standing within the categories from AA to CCC.