About the Ratings

Financial strength ratings are an important factor in establishing the competitive position of insurance companies. Insurer financial strength ratings represent the opinions of rating agencies regarding the ability of an insurance company to meet its financial obligations to policyholders and contract holders. Credit ratings represent the opinions of rating agencies regarding an issuer's ability to repay its indebtedness.

A.M. Best

A.M. Best Company, Inc. ("A.M. Best") ratings for insurance companies range from "A++" to "S". A.M. Best indicates that A (Excellent) ratings are assigned to those companies that in A.M. Best's opinion have an excellent ability to meet their ongoing obligations to policyholders.

A.M. Best's long-term credit ratings range from "aaa" (exceptional) to "d" (in default). A "+" or "-" may be appended to ratings from "aa" to "ccc" to indicate relative position within a category. A rating of "bbb" or above is considered investment grade.

Insurer Financial Strength Ratings
Farm Bureau Life Insurance Company A (Excellent) A.M. Best Stable
Credit Ratings
FBL Financial Group, Inc. bbb+ A.M. Best Stable

A.M. Best Ratings as of June 23, 2020