When presenting financial products to your valued clients, you want a carrier that strikes the right balance between attractive product features, competitive pricing and strong financials. On the financial front, EquiTrust remains resilient with secure financial measures.
Letter of Financial Condition Financial Overview
Wards 50 Recognition Flyer EquiTrust Corporate Brochure
The Solvency Ratio expresses financial soundness and a company’s ability to meet policy obligations as they come due. Assets divided by each $100 in liabilities result in a solvency ratio, expressed as a dollar figure. Assets are bonds, stocks, cash and short-term investments. Solvency ratio for EquiTrust is strong – $107.00 as of 12/31/21.
Risk-Based Capital (RBC) is a method of measuring the minimum amount of capital to support the company’s overall business operations. Capital provides a cushion to a company against insolvency. The RBC ratio for EquiTrust is 395% as of 12/31/21 – several times the level required by regulators.
The EquiTrust investment portfolio provides the company with liquidity and income - and has increased steadily. Over 84% of the portfolio is made up of bonds, mortgages and cash. The invested assets are $25.7 billion as of 12/31/21 – of which 90% is in investment-grade holdings.
For the sixth consecutive year, EquiTrust earned the prestigious Ward’s 50 recognition for financial performance among 700 US-based life and health insurance companies. To be among the Ward's 50, EquiTrust passed all safety and consistency screens, and achieved superior performance for the five years 2016 through 2020.
EquiTrust Life Insurance Company is rated BBB+ (Good) by Standard & Poor's and B++ (Good) by A.M. Best Company for its financial strength and ability to meet obligations to policyholders. Earlier this year, A.M. Best Company upgraded its outlook for EquiTrust to “positive.”