AM Best Upgrades Outlook for EquiTrust Life Insurance to Positive

AM Best has revised EquiTrust Life Insurance Company's outlook to positive from stable, maintaining its Financial Strength Rating of B++ and Long-Term Issuer Credit Rating of "bbb+". This is based on the company's adequate balance sheet strength, strong operating performance, neutral business profile, and appropriate risk management. The positive outlook reflects EquiTrust's increasing risk-adjusted capitalization and favorable liquidity profile. Despite utilizing unrated reinsurance carriers and having a concentration in structured securities, EquiTrust's managed investment portfolio and declining reinsurance leverage are factors in its growth potential.