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.

A+ SuperiorAM BEST

Penn Mutual's A+ Superior rating, which was affirmed in March 2023, ranks the second highest out of 15 rankings.

Aa3 High QualityMOODY'S INVESTORS SERVICE

Penn Mutual's Aa3 High Quality rating, which was affirmed in May 2023, ranks the fourth highest out of 21 ratings.

A+ StrongSTANDARD & POOR'S

Penn Mutual's A+ Strong rating, which was affirmed in December 2022, ranks the fifth highest out of 22 ratings.

AA-  Very StrongFITCH RATINGS

Penn Mutual’s AA- Very Strong rating, which was affirmed in November 2023, ranks fourth out of 21 ratings, and includes a stable outlook.

AA Very StrongKROLL BOND RATING AGENCY

Penn Mutual’s AA Very Strong rating, which was affirmed in November 2023, ranks the third highest out of 23 ratings, and includes a stable outlook.

To learn more about financial ratings, view the ratings definitions

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.