NEWSWIRE

S&P HAS ASSIGNED EQUITRUST AN UPGRADED RATING OF A- (STRONG)

New rating acknowledges EquiTrust’s strong capacity to meet financial obligations 

We are pleased to announce that S&P Global Ratings (S&P) has upgraded its EquiTrust Life Insurance Company issuer credit and financial strength ratings to A- (Strong) with a stable outlook.

Important rating factors

EquiTrust’s upgraded S&P rating was assigned based on a number of key factors, such as our strong financial health and operating performance, as well as our ability to meet our financial commitments. Review the S&P press release for more specific details about this rating action and factors behind the rating decision.

In addition to the S&P rating upgrade, earlier this month, A.M. Best affirmed EquiTrust’s B++ rating, and raised the outlook from stable to positive.

EquiTrust received an A- (High) rating from Fitch in March 2024.

Standard & Poors¹: A- (Strong)

Fitch²: A- (High)

A.M. Best Company³: B++ (Good with a positive outlook)

For more information about our financial performance and ratings, visit Agents.EquiTrust.com to download our financial overview.

 If you’d like to know more about our insurer ratings or have questions about the S&P rating action, call Sales Support at
866-598-3694 or email Sales.Support@EquiTrust.com. 

866-598-3694  |   Sales.Support@EquiTrust.com   |  Agents.EquiTrust.com

Active Member

¹ 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.

² 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.

³ A.M. Best "B++" (Good) 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.

Products underwritten, issued and distributed by EquiTrust Life Insurance Company, West Des Moines, Iowa.

 1573-GEN-EM-S&P (07-24)

FOR PRODUCER USE ONLY