IAG New Zealand Limited
IAG New Zealand Limited received a Standard & Poor's (Australia) Pty Ltd financial strength rating of AA-.
This means we have a ‘Very Strong' claims paying ability, as you can see in the scale below. As a customer, this is important to you as it's your reassurance that we will be able to pay your claims now and in the future.
| The rating scale is: |
| AAA |
(Extremely Strong) |
| AA |
(Very Strong) |
| A |
(Strong) |
| BBB |
(Good) |
| BB |
(Marginal) |
| B |
(Weak) |
| CCC |
(Very Weak) |
| CC |
(Extremely weak) |
The ratings from 'AA' to 'B' may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories.
AMI Insurance Limited
AMI Insurance Limited received an AM Best financial strength rating of A- (excellent).
| Secure Ratings |
Vulnerable Ratings |
| A++, A+ |
(Superior) |
B, B- |
(Fair) |
| A, A- |
(Excellent) |
C++, C+ |
(Marginal) |
| B++, B+ |
(Good) |
C, C- |
(Weak) |
| |
|
D |
(Poor) |
| |
|
E |
(Under regulatory
supervision) |
The Fair Insurance Code
The Fair Insurance Code is a code of practice that sets minimum service standards for insurance companies and describes the responsibilities that customers and their insurance company have to each other.
For information on the Fair Insurance Code, please view the Insurance Council of New Zealand website.