Kroll Bond Rating Agency, LLC (KBRA) recently affirmed the AA- insurance financial strength rating (IFSR) for Modern Woodmen of America, with a stable outlook. AA- is the fourth highest of KBRA’s 22 rating categories.
The rating reflects Modern Woodmen’s strong balance sheet, steady capital growth, established membership base, experienced management team, high-quality investment portfolio, and improving reserve mix.
Having a stable outlook indicates that Modern Woodmen will maintain strong capitalization and steady earnings trends.
With this rating, we’ll continue to help members achieve strong financial futures.
To learn more about Modern Woodmen’s financial results and industry ratings, visit the Financial Strength page.
About KBRA
Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.
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