The rating reinforces Thrivent's long-term financial strength, disciplined management and ability to fulfill commitments to clients.

MINNEAPOLIS (Sept. 30, 2026) — Thrivent, a Fortune 500 financial services company that helps people build, grow and protect their financial well-being, announced that AM Best has affirmed its A++ (Superior) financial strength rating with a stable outlook. This rating is the highest of the agency's 13 ratings categories.

"This recognition reflects the financial strength of Thrivent and disciplined approach we take to managing our business for the long term,” said Thrivent Chief Financial and Investment Officer David Royal. “Our financial strength allows us to maintain our focus on helping people build financial clarity and confidence while delivering on the promises we make every day and investing in the future."

AM Best's report highlighted several key strengths of the organization, including:

• Strong balance sheet and liquidity ratios, including consistent growth in total capitalization and the strongest level of risk-adjusted capitalization.
• High-quality statutory capital structure.
• Consistent and favorable operating earnings.
• A conservative operating and risk profile, supported by a robust and comprehensive enterprise risk management strategy.

The rating reinforces Thrivent's long-term financial strength and stability and reflects the disciplined, strategic approach the organization takes to managing its business. It also provides additional confidence in Thrivent's strong capital position and ongoing commitment to serving clients for the long term.

AM Best's affirmation follows other recent independent assessments of Thrivent's financial strength. Earlier reviews from S&P Global Ratings and Moody's also maintained strong ratings for the organization.

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 $212 billion in assets under management/advisement (as of 12/31/25). 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.

Media Contact:
Patrice Smith
Patrice.Smith@thrivent.com
Mediarelations@thrivent.com
(202) 718-5069