A.M. BEST AFFIRMS CREDIT RATINGS OF FMG INSURANCE LIMITED

SINGAPORE, Jan 27 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of FMG Insurance Limited (FMGIL) (New Zealand). The outlook of these Credit Ratings (ratings) remains stable.

The ratings reflect FMGIL’s strong risk-adjusted capitalization, consistently positive operating performance and well-established profile in the rural sector of New Zealand’s general insurance market. The ratings also reflect FMGIL’s low underwriting leverage, high-quality investment portfolio and direct distribution network capability. 

http://mrem.bernama.com/viewsm.php?idm=28353