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

CCC     Very Weak

AA     Very Strong

CC     Extremely Weak

A     Strong

SD     Selective Default

BBB     Good

D     Default

BB     Marginal

R     Regulatory Supervision

B     Weak

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 30 June 2020 as follows:

Actual Solvency Capital

Minimum Solvency Capital

Solvency Margin

Solvency Ratio