Just the other week I was speaking with a Client of mine about how many great rated insurers there were. This individual is pretty financially savvy and our discussion led us to how many A- or better AM Best Financial Strength rated insurers there were.
I had already known that there were about 10-12 A++ life insurance carriers, depending on how you counted some of the dual listed corporate entities. Most of those I could name right off my memory. But when it came to the A+ carriers - I did not know.
How many A+ life insurers are there? (The Short answer is that there was more than I cared count.)
Thus began an attempt to try and find a document that lists all of the A+ rated insurance carriers out there. Finally I go myself on a copy of a Comdex listing from 2018 which listed out all of the financial strength ratings from Moodys, Fitch, S&P, and AM Best. This list proved to me that there are literally tons of well capitalized and regarded life insurers out there.
A couple of open questions from my research:
Wow there are lots and lots of A+ and A++ rated insurance companies.
Many of them are inter-related under various Parent Child structures.
I had not heard of lots of them. (Not that there is anything wrong with that.)
Lastly it seems to me that there are enough A+ life insurance companies to be able to offer life insurance to many many americans.
This I thought was very good news.
You can look up almost any life insurer's financial strength rating direct at
AM Best yourself. Just sign up for a free account and type in the name of the insurance company.