Financial Strength

Standard and Poor’s provide independent analysis of credit risk. This rating expresses their opinion about the ability and willingness of a company to meet its financial obligations in full and on time.

Insurer Financial Strength Rating

AA Insurance Ltd has an AA- (Very Strong) Insurer Financial Strength Rating given by Standard and Poor’s.

AAA Extremely Strong

AA Very Strong

A Strong

BBB Good

BB Marginal

B Weak

CCC Very Weak

CC Extremely Weak

SD Selective Default

D Default

The rating from 'AA' to 'CCC' may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories.

For more information on the above summary of our rating, please visit Standard & Poor's | About Credit Ratings

Solvency Margin

In its most recent Solvency Return filed with the Reserve Bank of New Zealand, AA Insurance Limited had a Solvency Margin as at 30 September 2025 as follows:

Solvency Capital

285.0

Adjusted Prescribed Capital Requirement

144.8

Adjusted Solvency Margin

140.2

Adjusted Solvency Ratio

197%