The Knights of Columbus, a charitable organization established in 1882 to provide financial aid to its members and their families, has received high accolades for its strong financial performance. In August 2015, the Knights of Columbus received an A++ superior financial strength rating from A.M. Best for the 40th consecutive year, recognizing the organization's conservative management and high-quality insurance products. With nearly $100 billion in life insurance and $22 billion in assets, the Knights of Columbus is the only insurer in North America to receive this top rating.