KBRA affirms rating for Modern Woodmen of America

Kroll Bond Rating Agency, LLC (KBRA) recently affirmed the AA- insurance financial strength rating (IFSR) for Modern Woodmen of America, with a stable outlook.

The rating reflects Modern Woodmen's strong risk-adjusted capital position, steady surplus growth and sound financial management backed by a diversified investment portfolio. As the third-largest fraternal benefit society in the U.S., the organization benefits from experienced leadership and a robust career distribution system, contributing to revenue stability and improved agent retention.

Having a stable outlook indicates that Modern Woodmen will maintain strong capitalization and steady earnings trends. Our excellent financial position allows us to continue to help members pioneer strong financial futures. To learn more about Modern Woodmen's financial results and industry ratings, visit the Financial Strength page.

About KBRA

Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.