Thrivent Financial earns AA Fitch rating
Fitch Ratings has affirmed Thrivent Financial for Lutherans AA (Very Strong) rating, the third-highest of Fitch’s 19 categories, and given the organization a stable outlook.
Fitch cited Thrivent Financial’s very strong capitalization with no financial debt, high-quality investment portfolio, consistent profitability, and favorable market franchise within the Lutheran market as part of the basis for the affirmation.
The stable outlook was driven by Fitch’s expectations that Thrivent Financial’s operating and balance sheet fundamentals are sustainable relative to rating expectations.
These ratings reflect Thrivent Financials’ overall financial strength and claims-paying ability, but do not apply to the investment performance of investment products.