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.
Solvency Margin
In its most recent Solvency Return filed with the Reserve Bank of New Zealand, AA Insurance Limited had a Solvency Margin as at 31 December 2023 as follows:
$m
Solvency Capital
208.5
Adjusted Prescribed Capital Requirement
51.0
Adjusted Solvency Margin
157.5
Adjusted Solvency Ratio
409%