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  1. About us
    1. About our company
    2. Financial Strength
    3. Our Executive Team
    4. Sponsorship
    5. QFE 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

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 half-yearly Solvency Return filed with the Reserve Bank of New Zealand, AA Insurance Limited had a Solvency Margin as at 31 December 2018 as follows:

Actual Solvency Capital

Minimum Solvency Capital

Solvency Margin

Solvency Ratio

$m

87.4

55.9

31.5

156%

 
©AA Insurance 2019