Our Ratings
Ratings
Ratings agencies provide an independent view of the future ability of an insurance company to make good on its promises to provide protection. Ratings are recognized worldwide as the benchmark for assessing an insurance company’s financial strength. We’re proud that our consistently high ratings reinforce our position of financial strength and longstanding commitment to our policyholders.
Penn Mutual Leads in Standing the Test of Time
Penn Mutual is the top mutual life insurer on AM Best’s 2026 list. For 99 consecutive years, we’ve earned a Financial Strength Rating of A or higher from AM Best, the leading global credit rating agency focused exclusively on the insurance industry. This distinction marks Penn Mutual with the longest record among mutual life insurers rated by AM Best, making us one of the most enduring life insurers in the U.S.
Through responsible decision-making, thoughtful risk management, and a commitment to our policyholders and financial professionals, we continue building on a legacy that has stood the test of time for nearly a century.
Explore all our independent ratings below.
A+ SuperiorAM BEST
Penn Mutual's A+ Superior rating, which was affirmed in April 2026, ranks the second highest out of 15 ratings.
Aa3 High QualityMOODY'S
Penn Mutual's Aa3 High Quality rating, which was affirmed in November 2025, ranks the fourth highest out of 21 ratings.
A+ StrongSTANDARD & POOR'S
Penn Mutual's A+ Strong rating, which was affirmed in December 2025, ranks the fifth highest out of 22 ratings.
AA- Very High Credit QualityFITCH RATINGS
Penn Mutual’s AA- Very High Credit Quality rating, which was affirmed in October 2025, ranks fourth out of 23 ratings.
AA Very High QualityKROLL BOND RATING AGENCY
Penn Mutual’s AA Very High Quality rating, which was affirmed in October 2025, ranks the third highest out of 23 ratings.
An insurer’s financial strength rating represents an opinion by the issuing agency regarding the ability of an insurance company to meet its financial obligations to its policyholders and contract owners and not a statement of fact or recommendation to purchase, sell or hold any security, policy, or contract. These ratings do not imply approval of our products and do not reflect any indication of their performance. For more information about a particular rating or rating agency, please visit the website of the relevant agency.
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