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 year ended 30 June 2018. The solvency details at 30 June 2018 were:
| Available Solvency Capital | $30.9m |
| Minimum Solvency Capital | $11.4m |
| Solvency Margin | $19.5m |
| Solvency Ratio | 271% |