MINNEAPOLIS (May 6, 2025) – S&P Global Ratings recently affirmed its AA+ (Very Strong) long-term issuer credit and financial strength rating on Thrivent and gave the organization a stable outlook. This rating is the second highest of the agency’s 22 ratings.

In its review, the independent rating agency highlighted Thrivent’s distribution force, better-than-peer persistency ratio, very strong competitive position and excellent capital adequacy as key strengths. 

“This rating reflects Thrivent’s strong and disciplined financial management, especially during periods of market volatility and economic uncertainty,” said David Royal, chief financial and investment officer. “Most importantly, it demonstrates our long-term commitment to serving our clients and fulfilling our promises to them – now and for generations to come.”

About Thrivent
Thrivent is a Fortune 500 financial services company that helps build, grow and protect financial well-being through purpose-driven advice, investments, insurance, banking and generosity programs. Thrivent serves more than 2.4 million clients through thousands of financial advisors across the country and has more than $193 billion in assets under management/advisement (as of 12/31/24). Thrivent carries strong financial ratings from independent rating agencies - including AM Best, Moody's and S&P Global Ratings - which demonstrate the company’s financial strength, stability and ability to pay claims. Ratings don't apply to investment product performance and more information can be found on each rating agency's website. For more information about Thrivent, visit Thrivent.com or find us on Facebook, Instagram and LinkedIn. 

7932666.1