Financial ratings

Royal London has strong financial strength.

As the UK's largest mutual life, pensions and investments company - we can offer firm foundations of financial security. This is often a key concern when considering a company and its products. 

Coronavirus and our financial position

As many businesses count the cost of the coronavirus, we want to provide some reassurance around our capital position. We’re a financially strong, stable and well-capitalised business.


As shown in our 2019 end-of-year results, our business had £10.3bn of available capital.


Our Solvency II capital requirement is £4.4bn.

2.3 times

We had 2.3 times the amount of available capital the regulator requires us to hold.

We remain confident in our ability to withstand the current turmoil - though we are of course monitoring the situation closely. Our CEO, Barry O’Dwyer, recorded a podcast to provide some reassurance at this time. You can share this with your employees.

We're rated by independent experts

While our capital position speaks for itself, we’re also rated by various global ratings agencies.


Standard & Poor's*

A (July 2019)

AKG Actuaries and Consultants Ltd

B+ (October 2019)


A2 (August 2019)

*Counterparty Credit Rating (CCR).

More information

If you have any questions, speak to your usual Royal London contact or your adviser.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London EC3V 0RL.