ABILENE, TX — Funeral Directors Life (FDL) is excited to share that credit rating agency AM Best has affirmed the company’s Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating of “a-” (Excellent), while revising the outlooks for both ratings from stable to positive.
Funeral Directors Life has held an A- rating and a stable outlook with AM Best since 2006. AM Best revised the outlook to positive in recognition of FDL’s operating performance, strong premium growth and new business production that has outpaced current industry averages, and disciplined underwriting and prudent expense management.
“We’re grateful for AM Best’s recognition of our financial strength and operating performance,” said Kris Seale, President and CEO of Funeral Directors Life. “Our mission has always been to help funeral professionals protect profitability and serve families with peace of mind. Maintaining an A- rating for two decades and receiving a positive outlook reflects our commitment to financial stewardship, disciplined management, and the long-term security of the funeral homes and families we partner with every day.”
AM Best highlighted FDL’s “very strong” balance sheet, driven by steady earnings growth and an investment portfolio bolstered by funeral home loans. The agency also cited FDL’s strong footprint in the preneed market—supported by both agents and third-party marketing organizations—and sound risk management. AM Best will continue to track ongoing premium growth, reserves, and underwriting trends.
Funeral professionals interested in learning more about Funeral Directors Life’s preneed, marketing, or financial solutions can contact their local sales representative to schedule a meeting or fill out the form below.
Funeral Directors Life is focused on being the best, most-respected provider of service to the funeral profession with preneed funeral solutions, financial services, and technology offerings. We help our clients improve their businesses and grow their profitability through our full-service solutions. Your business requires more than preneed solutions – that’s why we’re more than a preneed company. For more information about Funeral Directors Life, visit us online at www.fdl.co.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore, and Mexico City. For more information, visit www.ambest.com.