Navy Mutual is proud to announce that we received an A+ rating from the Fitch Ratings credit rating agency for the 16th year in a row.
Fitch Ratings is a global leader in credit ratings and research and conducts annual, independent reviews of financial service providers to help consumers and investors make informed decisions about the financial strength and stability of rated organizations. The higher the letter grade, the less risky it is for you to do business with a company.
To expand, credit rating agencies evaluate the financial strength of organizations to determine their ability to meet their financial obligations. Working with Fitch, they have assessed our ability to meet our financial obligations, the most important of which are the ones we owe to you, our Members, and your beneficiaries.
Fitch Ratings conducts a comprehensive review of Navy Mutual’s financial each year.
The A+ rating is the highest rating that Fitch Ratings can award a company of Navy Mutual’s size and focus. It reflects Navy Mutual’s solid financial foundation, conservative investment strategy, lower than industry average product risk, and very strong capitalization.
This means that you can be sure that, should you or your family need to file a claim after the death of a loved one, we will be more than prepared to honor it.
Navy Mutual continues to have one of the most conservative investment portfolios in the Fitch Ratings universe and is committed to be there for its Members and loved ones in times of need.
Learn more about our financial strength here.