Corporate Governance, The Right Way
Our leaders believe that good governance is important to the future success of our company and the companies in which we invest.
We’re one of only three insurance groups in the U.S. currently awarded the highest ratings from all four leading ratings agencies.1
One of the 40 Best Companies for Diversity, six years in a row.2
Fortune editor on our creation of the world’s first variable annuity in 1952.
1 For its stability, claims-paying ability and overall financial strength, TIAA currently holds the highest possible ratings from the four leading insurance company rating agencies: A.M. Best (A++ as of 5/13), Fitch (AAA as of 6/13), Moody’s Investors Service (Aaa as of 7/13) and Standard & Poor’s (AA+ as of 6/13). Per S&P criteria, the downgrade of U.S. long-term government debt limits the highest rating of U.S. insurers to AA+ (the second-highest rating available). There is no guarantee that current ratings will be maintained. Ratings represent a company’s ability to meet policyholders’ obligations and do not apply to variable annuities, mutual funds or any other product or service not fully backed by TIAA’s claims paying ability.
2 Black Enterprise (2007, 2008, 2009, 2010, 2011, 2012)