Knights of Columbus earns top rating from A.M. Best

The Knights of Columbus’ A++ (Superior) rating has been reaffirmed by A.M. Best.

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It marks the 39^th consecutive year that the Knights of Columbus earned A.M. Best’s top marks. The Knights of Columbus has $94 billion of life insurance in force and $21 billion in assets under management. No insurer in North America is more highly rated.

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A.M. Best says the rating reflects the Knights’ strong risk-adjusted capitalizations and its consistently positive statutory operating results.

The Knights of Columbus has more than 1.8 million members worldwide. Last year, Knights members donated more than US$170 million and 70 million hours of service.

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Earlier this year, the Knights of Columbus was named a 2014 “World’s Most Ethical Company” by the Ethisphere Institute.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.