Financial strength

nib nz limited has an A- (Strong) Financial Strength Rating from S&P Global Ratings Australia Pty Ltd


Standard & Poor's rating scale

Rating Description
AAA Extremely Strong
AA Very Strong
A Strong
BBB Good
BB Marginal
B Weak
CCC Very Weak
CC Extremely Weak
SD or D Selective Default or Default
R Regulatory Action
NR Not Rated

Ratings from 'AA' to 'CCC' may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories.

For more information, visit www.spratings.com/understanding-ratings


Solvency margin

The most recent solvency return filed by nib nz limited with the Reserve Bank of New Zealand is for the half-year ended 31 December 2017. The solvency details at 31 December 2017 were:

Available Solvency Capital $35.1m
Minimum Solvency Capital $10.9m
Solvency Margin $24.2m
Solvency Ratio 321%