Press Release – Fidelity Life
The country’s largest locally owned life insurer Fidelity Life has had its A- (Excellent) financial strength rating[1] affirmed by ratings agency AM Best for the twenty-fifth consecutive year.
AM Best also affirmed Fidelity Life’s long-term issuer credit rating of “a-”. The outlook for both ratings is stable.
The ratings reflect Fidelity Life’s balance sheet strength, which AM Best categorises as very strong, as well as adequate operating performance, neutral business profile and appropriate enterprise risk management.
Fidelity Life Chief Financial Officer Simon Pennington says: “These ratings are about providing customers and their advisers with comfort that we’ll keep delivering on our promise to customers at claim time. As a New Zealand owned firm, we’re really proud we’ve held our A- (Excellent) financial strength rating consistently since 1996.”
Press Release – Fidelity Life The countrys largest locally owned life insurer Fidelity Life has had its A- (Excellent) financial strength rating [1] affirmed by ratings agency AM Best for the twenty-fifth consecutive year. AM Best also affirmed Fidelity Lifes long-term …
The country’s largest locally owned life insurer Fidelity Life has had its A- (Excellent) financial strength rating[1] affirmed by ratings agency AM Best for the twenty-fifth consecutive year.
AM Best also affirmed Fidelity Life’s long-term issuer credit rating of “a-”. The outlook for both ratings is stable.
The ratings reflect Fidelity Life’s balance sheet strength, which AM Best categorises as very strong, as well as adequate operating performance, neutral business profile and appropriate enterprise risk management.