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.
To learn more about Modern Woodmen’s financial results and industry ratings, visit the Financial Strength page.
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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