Woodmen of the World Receives A+ Rating from A.M. Best
March 2, 2012
Omaha, Neb. – A.M. Best, a financial rating company, has once again affirmed Woodmen of the World's financial strength rating as A+ (Superior).
A+ (Superior) is the second highest of A.M. Best's 15 possible ratings, reflecting A.M. Best's opinion of Woodmen of the World's financial strength and its ability to meet ongoing insurance and contract obligations. A.M. Best's rating is based on a comprehensive and qualitative evaluation of Woodmen's balance sheet strength, operating performance, and business profile.
Woodmen of the World Life Insurance Society and/or Omaha Woodmen Life Insurance Society (Woodmen of the World) has a favorable surplus position and consistently positive operating performance. Woodmen of the World President and CEO Danny Cummins said, "What this means is that we take our obligation to care for our members and their money very seriously. We know that our members trust us to be there when they need us – when going to college, when buying a house, when retiring, and especially when grieving after losing a loved one. We take these promises to heart every day."
A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services industries, including the banking and insurance sectors. Policyholders and depositors refer to Best's ratings and analysis as a means of assessing the financial strength and creditworthiness of risk-bearing entities and investment vehicles. To learn more about A.M. Best, visit ambest.com.
Woodmen of the World was founded in 1890 as a fraternal benefit organization. Today, Woodmen of the World offers insurance, annuities, mutual funds*, and 529 College Savings Plans*. Nearly 725,000 Woodmen of the World members across the country share a commitment to family, community and country. To learn more about Woodmen of the World, visit woodmen.org.