Demotech Affirms the Financial Stability Rating® Assigned to Farmers Life Insurance Company

Columbus, Ohio, February 8, 2022: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Farmers Life Insurance Company has been affirmed by Demotech, Inc.  This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.

FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle.  FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).  Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.

About Farmers Life Insurance Company

Farmers Life Insurance Company (“Farmers Life”) was founded in 1997 as a small credit life and credit disability insurance company. Headquartered in Knoxville, Tennessee, Farmers Life has grown in the communities in which it serves by providing secure insurance products while maintaining best in class customer service. For nearly 25 years, Farmers Life has worked to establish itself as a leading retirement services company that issues retirement savings products designed for the increasing number of individuals seeking to fund their retirement needs. Farmers Life intends to serve an aging population with few places to turn to fund their retirements and to generate low-risk income. Farmers Life expects continued growth due to its improving credit profile, strong financial position, suite of capital efficient products and product design capabilities. Additionally, through its investments in technology and operating partnerships with service providers, Farmers Life has been able to maintain an efficient corporate structure which enables it to generate attractive financial results for its policyholders and shareholders alike.

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers.  Since 1985, Demotech has served the insurance industry by assigning accurate, reliable, and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters.  FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer.  Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size.  Demotech was the first to review and rate independent regional and specialty insurers. Demotech’s consistently increasing list of accreditations and acceptances has resulted in rating and reviewing more than 400 insurers operating in the US.  Visit for additional information.

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