Globe Life Insurance Company of New York Financial Strength Ratings

Globe Life Insurance Company of New York is financially strong.

Why does this matter? For over a century, we’ve been securing the financial futures of working class families helping them to thrive and grow. In addition to our trustworthiness and dependability, the state of our finances enables us to serve you.

Independent ratings agencies assign insurance companies financial strength ratings based on their financial condition and ability to pay claims.

Globe Life Insurance Company of New York has top-rated financial strength ratings. Policyholders and stakeholders can trust in our long-term financial security.



A (Excellent)


A.M. Best Company

For more than 30 consecutive years, Globe Life Insurance Company of New York has earned an A (Excellent) rating or higher from A.M. Best Company. This reflects the strength of our balance sheet, as well as our “very strong operating performance, favorable business profile, and appropriate enterprise risk management.”1

AA- (Very Strong)


Standard & Poor’s Global Ratings

Globe Life Insurance Company of New York has an AA- (Very Strong) rating from Standard & Poor’s. This demonstrates our strong “ability to pay under [our] insurance policies and contracts in accordance with [our] terms.”2

A+ (Strong)


Fitch

The A+ (Strong) rating we received from Fitch reflects our “very strong and stable operating profitability, conservative operating strategy, strong capital position, consistent debt servicing capability, and above-average reserve margins.”3

A+


Better Business Bureau (BBB)

For more than 30 consecutive years, Globe Life Insurance Company of New York has earned an A (Excellent) rating or higher from A.M. Best Company. This reflects the strength of our balance sheet, as well as our “very strong operating performance, favorable business profile, and appropriate enterprise risk management.”1


A.M. Best assesses the creditworthiness of and/or reports on over 16,000 insurance companies worldwide.

AS&P Global Ratings provides high-quality market intelligence in the form of credit ratings, research, and thought leadership.

Fitch provides credit ratings, commentary, and research for global capital markets.

The Better Business Bureau helps people find businesses, brands, and charities they can trust.

J.D. Power is a global leader in consumer insights, advisory services, and data and analytics.


  1. A.M. Best rating as of 7/20. This rating refers only to the overall financial status of the company and is not a recommendation of the specific policy provisions, notes, or practice of the insurance company.
  2. Standard & Poor’s rating as of 10/20. This rating refers only to the overall financial status of the company and is not a recommendation of the specific policy provisions, notes, or practice of the insurance company.
  3. Fitch’s rating as of 11/20. This rating refers only to the overall financial status of the company and is not a recommendation of the specific policy provisions, notes, or practice of the insurance company.
  4. Better Business Bureau’s rating as of 3/21. BBB accreditation does not mean that the business's products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business's product quality or competency in performing services. BBB ratings are not a guarantee of a business's reliability or performance. BBB recommends that consumers consider a business's BBB rating in addition to all other available information about the business.

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