KBRA Assigns an Insurance Financial Strength Rating of A- to Gleaner Life Insurance Society

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has assigned an insurance financial strength rating (IFSR) of A- to Gleaner Life Insurance Society (Gleaner), a fraternal benefit society domiciled in Adrian, Michigan. The Outlook for the rating is Stable. The rating reflects Gleaner’s conservative balance sheet, stable net operating gains, and favorable capital trends. Gleaner is the ninth largest fraternal benefit society based on net admitted assets and is focused on writing life in