AA Insurance launched in 1994 and is a joint venture between the New Zealand Automobile Association (NZAA) and Vero New Zealand, which is part of the Suncorp Group. You can find out more about us here.
AA Insurance Ltd has an AA- (Very Strong) Insurer Financial Strength Rating given by Standard and Poor’s (Australia) Pty Ltd.
The rating scale is:
|AAA Extremely Strong||CCC Very Weak|
|AA Very Strong||CC Extremely Weak|
|A Strong||SD Selective 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 visit Standard & Poor's | About Credit Ratings