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.
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%