Insurance Company Ratings

This is a summary of information found at the insurance companies' web sites. Please visit the companies' web sites or the rating agencies' web sites for further details. This is not to be considered a recommendation or inducement to purchase an annuity nor a contract or offer to contract. You should consult with your own financial planner or tax advisor to determine whether an annuity is suitable to your financial situation.

If you would like to receive annuity quotes from these companies in one quick and convenient report (you will NOT be contacted by these companies) – simply use our Annuity Calculator, and fill in the form at the bottom of the quotation page.

Insurance Company Assets in $Billions Major Rating Agencies
A.M.Best S & P Moody's
Allianz LIC of No. Amer. $ 94.3 A AA A2
American Equity LIC $ 28.0 A- BBB+ -
American General LIC Affiliate of AIG $ 149.6 A A+ A2
American National $ 17.8 A A -
Companion Life Insurance Co. Affiliate of Mutual of Omaha (only available to residents of NYS) $ 0.20 A+ A+ -
Delaware Life Affiliate of Sun Life Assurance Co. of CA (US) $ 42.5 A- BBB Baa2
EquiTrust LIC $ 11.4 B++ BBB+ -
Fidelity & Guaranty $16.6 B++ BB+ Ba1
Fidelity & Guaranty NY (only available to residents of NYS) $0.47 B++ BB+ Ba1
First MetLife Inv. IC Affiliate of MetLife Investors (only available to residents of NYS) $ 5.5 A+ AA- -
First Symetra National Life Ins. of NY (only available to residents of NYS) $ 0.72 A A -
Genworth Life Insurance Co. $ 36.7 A A- A3
Genworth Life NY (only available to residents of NYS) $ 7.8 A A- A3
Great American LIC $ 16.5 A A+ A1
Guardian Insurance & Annuity Co. $ 12.0 A++ AA+ Aa2
Guggenheim Life and Annuity Co. $ 9.1 B++ - -
ING USA Annuity & LIC $ 68.1 A A- A3
Integrity LIC Affiliate of Western & Southern $ 6.0 A+ AA+ -
Jackson National $ 136.8 A+ AA A1
Kansas City Life $ 3.3 A -- --
Lafayette Life Affiliate of Western & Southern $ 3.3 A+ AA+ -
Lincoln Benefit Affiliate of Allstate $ 2.0 A+ A+ A1
MassMutual Financial Group $ 155.6 A++ AA+ Aa2
MetLife Investors Ins. Co. Affiliate of Metropolitan Life $ 86.0 A+ AA- Aa3
Metropolitan LIC (MetLife) $ 360.5 A+ AA- Aa3
Midland National Life Affiliate of Sammons Financial $ 32.8 A+ A+ -
Minnesota Life $ 28.4 A+ A+ Aa3
Nat'l Integrity LIC Affiliate of Western & Southern (only available to residents of NYS) $ 4.7 A+ AA+ -
Nationwide $ 106.5 A+ A+ A1
New York Life $ 109.5 A++ AA+ Aaa
North American Co. for Life and Health (NACOLAH) Affiliate of Sammons Financial $ 13.0 A+ A+ -
Pacific Life & Annuity Co. $ 5.3 A+ A+ A1
Penn Mutual $ 14.3 A+ AA- Aa3
Principal Life Insurance Co. $ 130.0 A+ A+ A1
Protective Life $ 36.3 A+ AA- A2
Security Benefit Life $ 10.5 B++ A- -
Sentinel Security Life $ 0.38 B++ - -
The Standard Insurance Co. $ 17.2 A A+ A2
Symetra $ 25.4 A A A3
United of Omaha Affiliate of Mutual of Omaha $ 16.7 A+ A+ A1
United States Life Affiliate of AIG (only available to residents of NYS) $ 24.5 A A+ A2
West Coast LIC $ 4.2 A+ AA- A2

How to Read Annuity Company Ratings

There are many things to consider when shopping for an annuity but one of the most important is the strength of the insurance company that stands behind it. There are currently over 2,000 insurance companies in the U.S that issue annuities so finding the one that will best meet your needs can be a challenge.

Researching the market is a great way to narrow down the list. We can help you with that. Our annuity rates and quotes section allows you to check annuity rates, get annuity quotes and more importantly, investigate insurance company ratings.

The letter ratings you see next to the company name is a opinion issued by one of the rating agencies which rank annuity and life insurance companies. While these insurance company ratings can be extremely helpful, you have to know what they mean before you can decide which insurer you can trust with your money.

Who Are These Rating Companies?

Currently there are three major rating agencies that rate the financial strength of the various insurance companies. A.M. Best is the one that shows up most often when comparing annuity quotes.

A.M. Best

Alfred M. Best founded A.M. Best in 1899. He had been working in the insurance industry since the age of 15, which gave him the expertise to run a company that issued reports on insurance companies. In 1906, the company started issuing insurance company ratings. A.M. Best does not offer guarantees with their ratings but they have been recognized as the leading rating agency in the marketplace.

When issuing a rating, A.M. Best examines an insurer's management, operating performance, as well as their balance sheet to get an overall picture of their financial strength. It then issues a report detailing what they discovered. These reports can be cumbersome to read so to make it easier for people to understand they also issue a letter grade.

Moody’s and S&P

The other two rating agencies are Moody’s and S&P. Insurers may not be rated by all three rating agencies as they must request and pay for these ratings. These two rating agencies assign letter grades as well.

Researching Complaints Against Insurers

Customer service is important with annuities, you want to be sure the phone will be answered when you have questions about your retirement income. Insurers are regulated by the state in which you reside so check your state insurance commissioners' site for complaint reports on any insurers you are considering.

Best's Credit Ratings reproduced herein appear under license from A.M. Best and do not constitute, either expressly or impliedly, an endorsement of (Licensee's publication or service) or its recommendations, formulas, criteria or comparisons to any other ratings, rating scales or rating organizations which are published or referenced herein. A.M. Best is not responsible for transcription errors made in presenting Best's Credit Ratings. Best?s Credit Ratings are proprietary and may not be reproduced or distributed without the express written permission of A.M. Best Company.

A Best?s Financial Strength Rating opinion addresses the relative ability of an insurer to meet its ongoing insurance obligations. It is not a warranty of a company?s financial strength and ability to meet its obligations to policyholders. View our Important Notice: Best's Credit Ratings for a disclaimer notice and complete details at A.M.Best.com

Rating Categories
Rank A.M. Best Standard & Poor's Moody's
1 A++
Secure / Superior
AAA
Extremely Strong
Aaa
Exceptional
2 A+
Secure / Superior
AA+
Very Strong
Aa1, Aa2, Aa3
Excellent
3 A
Secure / Excellent
AA
Very Strong
A1, A2, A3
Good
4 A-
Secure / Excellent
AA-
Very Strong
Baa1, Baa2, Baa3
Adequate
5 B++
Secure / Very Good
A+
Strong
Ba1, Ba2, Ba3
Questionable
6 B+
Secure / Good
A
Strong
B1, B2, B3
Poor
7 B
Vulnerable / Fair
A-
Strong
Caa
Very Poor
8 B-
Vulnerable / Fair
BBB+
Good
Ca
Extremely Poor
9 C++
Vulnerable / Marginal
BBB
Good
C
Lowest
10 C+
Vulnerable / Marginal
BBB-
Good
NR
11 C
Vulnerable / Weak
BB+
Marginal
NR
12 C-
Vulnerable / Weak
BB
Marginal
NR
13 D
Vulnerable / Poor
BB-
Marginal
NR
14 E
Vulnerable / Under State Supervision
B+
Weak
NR
15 F
Vulnerable / In Liquidation
B
Weak
NR
16 S
Rating Suspended
B-
Weak
NR
17 NR CCC+
Very Weak
NR
18 NR CCC
Very Weak
NR
19 NR CCC-
Very Weak
NR
20 NR CC
Extremely Weak
NR
21 NR R
Regulatory Action
NR

For details on each rating agency's methodology click the agency name link at the top of each column.

Do you have questions about annuities? Get help from our friendly and knowledgeable experts, toll-free. Call 800-872-6684 (Monday-Friday, 9AM-5PM EST). We'd be happy to answer your questions without any sales talk. Or, email your questions here and we'll get back to you by the next business day!

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Important Notice: This information is not intended to be a recommendation to purchase an annuity. You should consult with a financial planner to determine if an annuity is a suitable product in your situation. Also, be advised that tax information published at this site is written to support the promotion of annuities. It is based on limited facts and should not be relied upon. You should consult with your own tax and legal advisors for an opinion about what could or should be done in your particular situation.