The Knights of Columbus is one of the largest
life insurers in North America,
and the largest Catholic life insurer in the world*.
From FORTUNE © 2021 FORTUNE Media IP Limited.
FORTUNE and FORTUNE 1000 are trademarks of FORTUNE Media IP Limited
and are used under license. FORTUNE and FORTUNE Media IP Limited
are not affiliated with, and do not endorse the products
or services of the Knights of Columbus
Insurance in force is a calculation of the total
amount of money owed to policy holders.
Put differently, $121 billion of life insurance in force means that the
Knights of Columbus
has a $121 billion promise to members and their families.
The Knights of Columbus manages $29
billion of assets from
their international headquarters in New Haven, Conn.
The Knights of Columbus manages its assets in an
ethical and responsible way.
The Knights does not invest in companies that deal in:
abortions, contraception, human cloning,
embryonic stem cell research,
for-profit health care that pays for any of the aforementioned, and
pornography.
In 2023, the Knights of Columbus distributed
more than $875 million
to members and their beneficiaries in benefits, claims,
maturities, annuities and dividends.
The Knights of Columbus has more than 2
million active contracts in force.
That means that hundreds of thousands of brother Knights have elected to
help
protect their families and their futures with the Knights of Columbus.
Despite a rough economic climate, the Knights of
Columbus has experienced
consecutive years of in-force life insurance
growth.
For 49 consecutive years, the Knights of
Columbus has earned
superior ratings for financial strength from A.M. Best**
*Ranked according to assets by Best’s
Statistical Study
**As of December 2023, rated A+ (Superior) by A.M. Best