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2024 year in review

Financial strength

We take pride in our strong financial ratings. They reflect our financial stability and our enduring commitment to fulfill our promises to those we serve.
A man and woman sit at a table with a financial professional discussing how TruStage is building brighter financial futures.

Financial strength ratings

 

AM Best Company

S&P Global Ratings (S&P)

Moody’s Investors Service (Moody’s)

CMFG Life Insurance Company A A+ A2
MEMBERS Life Insurance Company A A+ A2
CUMIS Insurance Society, Inc. A A+ A2
CUMIS Specialty Insurance Company, Inc. A Not rated Not rated
CUMIS Mortgage Reinsurance Company A A+ Not rated
American Memorial Life Insurance Company A A+ Not rated
TruStage Life of Canada A Not rated Not rated
Union Security Insurance Company B++ Not rated A2

Issuer credit ratings

AM Best Company

S&P Global Ratings (S&P)

Moody’s Investors Service (Moody’s)

TruStage Financial Group, Inc. bbb+ BBB+ Baa2
CMFG Life Insurance Company Surplus Notes a- Not rated Not rated
TruStage Financial Group, Inc. Senior Notes Not rated BBB+ Baa2

2024 five-year performance

Chart shows the 2024 five-year net income performance (unaudited) of TruStage by displaying data from the past five years.
Chart shows the 2024 five-year revenue performance (unaudited) of TruStage by displaying data from the past five years.
Chart shows the 2024 five-year total surplus performance (unaudited) of TruStage by displaying data from the past five years.
Chart shows the 2024 five-year asset performance (unaudited) of TruStage by displaying data from the past five years..

Distribution of invested assets

 

Chart shows the distribution of invested assets of TruStage.

Consolidated statements of operations

View the consolidated statements of operations

 

Consolidated balance sheet

View the consolidated balance sheet

“Thanks to our collective efforts, TruStage™ delivered solid overall financial results in 2024. Moving into the future, we will continue to invest in helping make brighter financial futures accessible to all.”

Jon Winderman, EVP,
Chief Financial Officer,
TruStage