The ratings reflect FLNZ’s strong risk-adjusted capitalization, consistently positive operating performance, high quality investment assets and adequate liquidity to meet its expected claims and expenses. Moreover, a significant buffer in the form of excess assets over guaranteed liabilities is available to absorb potential unfavorable experiences through adjusting future bonus declarations of its participating policies.
Tuesday, July 19, 2016
A.M. BEST AFFIRMS RATINGS OF FOUNDATION LIFE (NZ) LIMITED
SINGAPORE, July 18 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating (ICR) of “a-” of Foundation Life (NZ) Limited (FLNZ) (New Zealand). The outlook for each rating remains negative.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment