SINGAPORE, May 13 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb+” of Consumer Insurance Services Limited (CISL) (New Zealand). The outlook for each rating is stable.
The affirmation of the ratings reflects CISL’s adequate risk-adjusted capitalization and consistently strong operating performance.
CISL offers consumer protection insurance originated by the entities of its immediate parent, Fisher & Paykel Finance Holdings Limited (F&PFH). CISL’s ultimate parent is Australia-based FlexiGroup Limited [ASX: FXL], which acquired F&PFH earlier this year.
http://mrem.bernama.com/viewsm.php?idm=26791
No comments:
Post a Comment