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  1. About Us
    1. About Our Company
    2. Financial Strength
    3. Our Executive Team
    4. Sponsorship
    5. FAP Disclosure Statement

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 A+ (Strong) Insurer Financial Strength Rating given by Standard and Poor’s (Australia) Pty Ltd.

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

R Regulatory Supervision

NR Not Rated

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 annual Solvency Return filed with the Reserve Bank of New Zealand, AA Insurance Limited had a Solvency Margin as at 31 December 2020 as follows:

$m

Actual Solvency Capital

128.4

Minimum Solvency Capital

75.2

Solvency Margin

53.2

Solvency Ratio

171%