Financially stable
For seven consecutive years we’ve been given an A+ (Strong) financial strength rating by Standard & Poor’s (Australia) Pty Limited1.
The rating scale is:
|
AAA (Extremely Strong)
|
BBB (Good)
|
CCC (Very Weak)
|
|
AA (Very Strong)
|
BB (Marginal)
|
CC (Extremely Weak)
|
|
A (Strong)
|
B (Weak)
|
R (Regulatory Action)
|
Plus (+) or minus (-) signs following ratings from ‘AA’ to ‘CCC’ show relative standing within the major rating categories. Full details of the rating scale are available for inspection at our offices. Standard & Poor’s (Australia) Pty. Limited is an approved agency under the Insurance Companies (Ratings and Inspections) Act 1994 1
Long-term sustainability
As a not-for-profit entity any premium surpluses are reinvested in moderating future premiums and/or the development of initiatives that will improve the health and wellbeing of our clients and members.
Source:
1. Standard & Poor's (Australia) Pty. Limited
Financially stable
For seven consecutive years we’ve been given an A+ (Strong) financial strength rating by Standard & Poor’s (Australia) Pty Limited1.
The rating scale is:
|
AAA (Extremely Strong)
|
BBB (Good)
|
CCC (Very Weak)
|
|
AA (Very Strong)
|
BB (Marginal)
|
CC (Extremely Weak)
|
|
A (Strong)
|
B (Weak)
|
R (Regulatory Action)
|
Plus (+) or minus (-) signs following ratings from ‘AA’ to ‘CCC’ show relative standing within the major rating categories. Full details of the rating scale are available for inspection at our offices. Standard & Poor’s (Australia) Pty. Limited is an approved agency under the Insurance Companies (Ratings and Inspections) Act 1994 1
Long-term sustainability
As a not-for-profit entity any premium surpluses are reinvested in moderating future premiums and/or the development of initiatives that will improve the health and wellbeing of our clients and members.
Source:
1. Standard & Poor's (Australia) Pty. Limited