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A man and woman sit at a table with a financial professional discussing how TruStage is building brighter financial futures.

Financial strength, at our core

We're proud of our strong financial ratings, which reflect the strength, consistency and discipline behind the promises we have made.

2025 three-year performance

Revenue: $6.1B

2024: $5.7B

2023: $5.5B

 

Total surplus: $4.3B

2024: $3.6B

2023: $2.9B

Net income: $312M

2024: $258M

2023: $224M

 

Assets*: $49.7B

2024: $47.5B

2023: $45.0B

*Liabilities for 2025 at $45.4B

Explore the numbers behind our success

We believe in providing clear and comprehensive financial information. Review our consolidated statements to see how we manage resources responsibly and deliver long-term value.

Consolidated financial statements

Distribution of invested assets

68%

Debt securities, at fair value

14%

Mortgage loans

8.7%

Limited partnerships

4.2%

Derivative assets, at fair value

3.6%

Other invested assets

1.5%

Cash and cash equivalents

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 Baa1

 

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
Jon Winderman, EVP, Chief Financial Officer, Company Profile Image

"Strong financial fundamentals are at the core of everything we do. They give us durability to navigate change and confidence we'll be there for our customers and partners when they need us most."

Jon Winderman
Chief Financial Officer

Explore the annual report

 

Download consolidated financial statements

A snapshot of our progress and purpose

An at‑a‑glance view of the themes, achievements and momentum shaping our year.

Overview

Leadership vision and direction

Our CEO shares perspective on where we're headed, what's guiding our decisions and how we're positioning TruStage for the future.

CEO message

Community impact in action

How we live our values by showing up with communities where we live and work through service, investment and shared commitment.

Community impact

Stories of progress and innovation

A closer look at how our team is making a difference and honoring the promises we make.

Shining stories