We are a company that is safe, strong, and secure. A.M. Best, an independent insurance industry analyst, has awarded us an (A-) “Excellent” rating since 1982.
Catholic Life Insurance finished 2021 in a solid financial position and is on target for a strong finish in 2022. On September 30, 2022, A.M. Best awarded us an A-/Excellent rating for the 39th consecutive year. The following results show our financial strength and stability:
- Assets increased to $1.27 billion
- Insurance in force exceeded $2.18 billion
- Surplus climbed to $111 million
- Revenue reached $115 million
- Net income exceeded $2.5 million
- The solvency ratio equaled 109.61
Best of all, Catholic Life has no debt and ample liquidity.