FITCH ASSIGNS NEW A- INSURER FINANCIAL STRENGTH RATING TO EQUITRUST
We are pleased to announce that Fitch Ratings has published a new rating action, assigning EquiTrust Life Insurance Company an A- Insurer Financial Strength Rating with an Outlook of Stable.
According to Fitch, the A- rating highlights EquiTrust’s “well-established presence in the fixed index annuity market, very strong capitalization without leverage and consistent financial performance.”
Key rating drivers
EquiTrust’s Fitch rating is based on a number of key rating drivers, including, but not limited to:
Stable operating performance
Improved capitalization
Interest rate risk and asset liability management (ALM)
Moderate company profile
Review the Fitch Rating Action Commentary report for more specific details about this rating action and the key drivers behind the rating decision.
For more information about our financial performance and ratings, visit Agents.EquiTrust.com to download our financial overview. Updated financial performance information will be available early in the second quarter of this year.
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If you’d like to know more about our insurer ratings or have questions about the Fitch rating action, call Sales Support at 866-598-3694 or email[email protected].