Foresters Financial Reports Strong Growth and Community Impact in 2025 Annual Report
Foresters Financial™ recently unveiled its 2025 Annual Report to Members, indicating a period marked by notable financial achievements and an expanding impact on local communities across North America and the UK. Central to this report is Foresters' aim of providing financial security to families, accompanied by an array of benefits designed to promote community involvement and volunteerism.
In the past year, Foresters notably disbursed CA$662 million in claims to families throughout North America, signifying a robust commitment to protecting its members during some of the most consequential life events. Furthermore, members have leveraged CA$12.1 million in benefits toward enhancing their local communities via grants and volunteer efforts. This substantial financial advantage allows Foresters to enhance the lives of its members while simultaneously fostering a sense of community, showcasing a model of success that thrives on collaboration.
Matt Berman, President and CEO of Foresters Financial, emphasized the importance of personal connections within the organization's member network, which has been a mainstay for over 150 years. He pointed out some significant milestones achieved this year: 520 scholarships totaling CA$1.4 million were awarded to students, and over 7,200 members utilized grants to assist their communities, highlighting the powerful influence that member engagement can have. The effectiveness of community initiatives, evidenced by presenting bicycles to local children in need, underscores how empowering members can lead to profound community effects.
The financial health of Foresters Financial remains robust, as depicted by their total comprehensive income of CA$166.2 million and total assets amounting to CA$19.6 billion in 2025. Their surplus of CA$2.3 billion and capital ratios, maintaining rates of 623% RBC in the US and 188% LICAT in Canada, far exceed regulatory standards. This disciplined approach to financial management reassures members that the organization is set to honor its commitments even during fluctuating economic landscapes.
Moreover, the company's commitment to long-term objectives, such as bolstering member engagement and maintaining financial strength, reinforces its dedication to families and communities. Berman added, "In uncertain times, we provide stability and a sense of belonging to our members and their communities."
The enhancement of the member network is also evident, with an increase in filled council seats from 417 to 458, effectively reflecting heightened engagement. The recent International Assembly and Leadership Development Conference showcased this by bringing members together for leadership election and hands-on community service activities, further strengthening the connections among members.
Looking ahead, Foresters plans to maintain its current trajectory, focusing on deepening member relations while creating sustainable growth opportunities. The solid performance detailed in this annual report augurs well for the institution as it continues to uphold its mission: ensuring families are financially secure, supported in their community endeavors, and encouraged to thrive.
Foresters strives to be more than a financial service provider. As a purpose-driven organization, they offer life insurance in the US, Canada, and the UK while enabling members to engage in initiatives that uplift their communities. Their commitment to social responsibility and sustainability not only builds trust among members but also inspires future generations to give back. Together, they aim to create a better world, fostering goodwill and community spirit that will last for many more years to come.
For more details, the full 2025 Annual Report and accompanying Purpose impact microsite can be accessed at https://www.foresters.com/purpose-impact.
In the past year, Foresters notably disbursed CA$662 million in claims to families throughout North America, signifying a robust commitment to protecting its members during some of the most consequential life events. Furthermore, members have leveraged CA$12.1 million in benefits toward enhancing their local communities via grants and volunteer efforts. This substantial financial advantage allows Foresters to enhance the lives of its members while simultaneously fostering a sense of community, showcasing a model of success that thrives on collaboration.
Matt Berman, President and CEO of Foresters Financial, emphasized the importance of personal connections within the organization's member network, which has been a mainstay for over 150 years. He pointed out some significant milestones achieved this year: 520 scholarships totaling CA$1.4 million were awarded to students, and over 7,200 members utilized grants to assist their communities, highlighting the powerful influence that member engagement can have. The effectiveness of community initiatives, evidenced by presenting bicycles to local children in need, underscores how empowering members can lead to profound community effects.
The financial health of Foresters Financial remains robust, as depicted by their total comprehensive income of CA$166.2 million and total assets amounting to CA$19.6 billion in 2025. Their surplus of CA$2.3 billion and capital ratios, maintaining rates of 623% RBC in the US and 188% LICAT in Canada, far exceed regulatory standards. This disciplined approach to financial management reassures members that the organization is set to honor its commitments even during fluctuating economic landscapes.
Moreover, the company's commitment to long-term objectives, such as bolstering member engagement and maintaining financial strength, reinforces its dedication to families and communities. Berman added, "In uncertain times, we provide stability and a sense of belonging to our members and their communities."
The enhancement of the member network is also evident, with an increase in filled council seats from 417 to 458, effectively reflecting heightened engagement. The recent International Assembly and Leadership Development Conference showcased this by bringing members together for leadership election and hands-on community service activities, further strengthening the connections among members.
Looking ahead, Foresters plans to maintain its current trajectory, focusing on deepening member relations while creating sustainable growth opportunities. The solid performance detailed in this annual report augurs well for the institution as it continues to uphold its mission: ensuring families are financially secure, supported in their community endeavors, and encouraged to thrive.
Foresters strives to be more than a financial service provider. As a purpose-driven organization, they offer life insurance in the US, Canada, and the UK while enabling members to engage in initiatives that uplift their communities. Their commitment to social responsibility and sustainability not only builds trust among members but also inspires future generations to give back. Together, they aim to create a better world, fostering goodwill and community spirit that will last for many more years to come.
For more details, the full 2025 Annual Report and accompanying Purpose impact microsite can be accessed at https://www.foresters.com/purpose-impact.
Topics Financial Services & Investing）
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