For Immediate Release: December 9, 2025
MILWAUKEE, WISCONSIN – Trusted Fraternal Life, a fraternal benefit society headquartered in Milwaukee, proudly announces that it has maintained its ‘A’ insurance financial strength rating with a Stable Outlook from the Kroll Bond Rating Agency (KBRA), a global, full-service credit rating agency.
The new KBRA report showcases Trusted Fraternal Life’s strong capital adequacy, stable profitability and disciplined operating financial management. The report further mentions that Trusted Fraternal Life’s ability to remain profitable is sound, “underpinned by a balanced mix of life and annuity reserves and favorable spread management.”
The report also highlights the successful integration of Woman’s Life (2024) and Catholic United Financial (2025), which expanded the organization’s total assets to nearly $3 billion and increased membership to more than 200,000, making Trusted Fraternal Life one of the six largest fraternal benefit societies in the United States.
“Maintaining this rating reflects Trusted Fraternal Life’s ongoing dedication to strategic growth, successful execution of mergers and acquisitions, and adoption of technological innovation,” said President and CEO John Borgen. “Most importantly, for our members, it means they can count on us to be there when they need us most—now and well into the future.”
The rating from KBRA confirms that Trusted Fraternal Life is a financially strong organization, well-positioned to remain resilient through a range of stress scenarios. It also highlights the commitment and hard work of leadership, associates, advisors and brokers—who each play a vital role in this achievement.
Trusted Fraternal Life is delivering on its vision to be an innovative leader in fraternal partnerships, while growing existing business and engaging more people to enjoy financially secure, purposeful lives.
A copy of the full KBRA report is available at: http://www.kbra.com/publications/bfZYXGrf/kbra-releases-surveillance-report-for-trusted-fraternal-life
About Trusted Fraternal Life
Established in March 2024 by Catholic Financial Life, Trusted Fraternal Life’s family of brands includes Catholic Financial Life, Degree of Honor, Woman’s Life and Catholic United Financial. With more than 200,000 members and nearly $3 billion in assets, Trusted Fraternal Life is committed to building the next-gen fraternal benefit society—serving more members, across more communities, with more impact. For more information, visit trustedfraternallife.org.
Contact:
Debbie Michalak, Director Marketing & Communications
(414) 278-6487 | Debbie.Michalak@trustedfraternallife.org
