Financial Strength Ratings Rating as at: 11/10/2018

These ratings are the current opinion of the financial security characteristics of an insurance organisation with respect to its ability to pay under its insurance policies and contracts in accordance with their terms

ASIC Regulatory Guideline RG234 at clause 82 states:
“Credit ratings should generally only be advertised to retail clients if the rating is issued by a credit rating agency that is authorised under its AFS licence to provide financial advice to retail clients.”

To the best of our knowledge no financial rating agency is so licenced in Australia.
To learn more about ASIC RG234 please click here.

Country

General InsurersS&P RatingAM Best Rating
AIG Australia Limited A A
Allianz Australia Insurance Limited AA-
Ansvar Insurance Limited NR A-
bershire hathaway A+ NR
BHP Billiton Marine & General Inusrances Pty Ltd A
Chubb Insurance Co of Australia AA- A++
GIO General Ltd
Insurance Australia Group Ltd A NR
Insurance Australia Limited A
liberty A+ NR
pen NR
Promina Group Ltd
QBE Insurance (Australia) Limited A+
QBE Insurance (Australia) Ltd (NZ Branch) A+
QBE Insurance (International) Ltd A+ A
Suncorp Group Ltd A NR
Suncorp Metway Insurance Limited
Suncorp-Metaway Ltd A+ NR
Swann Insurance (Aust) Pty Ltd
Tower Australia Ltd
Vero Insurance Ltd NR
WFI Insurance Ltd
Zurich Australia Limited
Zurich Australian Insurance Ltd A+


ReinsurersS&P RatingAM Best Rating
General Reinsurance Australia Ltd AA+ A++
Munich Reinsurance Co of Australasia Ltd AA-
Swiss Re Life & Health Australia Ltd AA-
Swiss Reinsurance Co (Australian Branch) AA-
S&P Link to Standard and Poor's
Explanation of S&P Ratings


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