Top 25 Insurance Companies’ Ratings

 


Ranking

Company Name

Total Admitted Assets 2009
(In Billions)

A.M. Best

S&P

Moody's

 1.
Metropolitan Life Insurance Co
575.1
A+
AA-
Aa3
 2.
Prudential Insurance Co of America
403.8
A+
A+
A2
 3.
Manulife Financial
237.5
A+
AA-
A1
 4.
SunAmerica Financial Group
230.2
A
A+
A2
 5.
Hartford Life Group
228.6
A
A
A3
 6.
TIAA Group
217.7
A++
AA+
Aaa
 7.
New York Life Group
214.4
A++
AA+
Aaa
 8.
Aegon USA Group
187.6
A+ 
A-
A3
  9. 
ING USA Life Group
185.2
A
A-w-
A2
 10.
Northwestern Mutual Group
180.1
A++
AA+
Aaa
 11.
Lincoln Financial Group
169.4
A+
AA-
A2
 12.
AXA Financial Group 
149.5
A+
AA-
Aa3
 13.
MassMutual Financial Group
141.1
A++
AA+
Aa2
 14.
Principal Life Group
122.0
A+
A
Aa3
 15.
Pacific Life Group
102.6A+A+
 A1
 16.
Nationwide Life Group
101.0
A+
A+
A1
 17.
Jackson National Group
98.4
A+
AA
A1
 18.
Ameriprise Financial Group
94.0
A+
AA-
Aa3
 19.
AFLAC Inc. Group
90.1
A+
AA-
Aa2
 20.
Allianz Insurance Group
86.0
A+
AA
Aa3
21
Allstate Financial
69.6
A+
AA-
Aa3
 22.
Sun Life Financial Group
67.6
A+
A-w-
Aa3
 23.
Genworth Financial Group
64.1
AAA2
 24.
Thrivent Financial for Lutherans Group
62.2
A++
 
 
 25.
State Farm Life Group
52.9
 A++
 AA
 

 


Source: Best's Review, July 2011.

Ratings are current as of September 2011, per the company websites and other public information.

Ratings Scale

Click here to expand contentClick here to collapse content  A.M. Best Rating Scale

A++, A+      Superior
A, A-  Excellent
B++, B+   Good
B, B-  Fair
C++, C+  Marginal
C, C-  Weak
DPoor
EUnder Regulatory Supervision
F In Liquidation
SRating Suspended
 

Click here to expand contentClick here to collapse content  Standards & Poor

AAA
best quality companies, reliable and stable
AA
quality companies, a big higher risk than AAA
A
economic situation can affect finance
BBB
medium class companies, which are satisfactory at the moment
BB
more prone to changes in the economy
B
financial situation varies noticeably
CCC
currently vulnerable and dependent on favorable economic conditions to meet its commitments
CC
highly vulnerable, perhaps in bankruptcy or in arrears but still continuing to pay out on obligations
CI
past due on interest
R
under regulatory supervision due to its financial situation
SD
has selectively defaulted on some obligations
D
has defaulted on obligations and S&P believes that it will generally default on most or all obligations
NR
not rated

Click here to expand contentClick here to collapse content  Moody’s

Aaa
Exceptional security. Unlikely to be affected by change.
Aa
Excellent security. Lower than Aaa because long-term risks appear some what larger.
A
Good Security. Possibly susceptible to future impairment.
Baa
Adequate security. Certain protective to future impairment.
Ba
Questionable security. Ability to meet obligations may be moderate.
B
Poor security. Assurance of punctual payment of obligations is small over the long run.
Caa
Very poor security. There may be elements of danger regarding the payment of obligations.
Ca
Extremely poor security. Companies are often in default.
C
Lowest security. Extremely poor prospects of offering financial security

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