We have made the decision to change our insurer financial strength rating provider from S&P Global Ratings to Fitch.
We will be focusing on two ratings agents meaning we will no longer retain an S&P global credit rating. This update also means that our Australian and New Zealand businesses are now aligned in their credit ratings and rating agencies.
This update came into effect as of Monday, 22 August 2022. Resolution Life Australasia Limited has been assigned a Financial Strength Rating of ‘A’ (‘Strong’) with a stable outlook.
What does this mean for you?
This change has been made to assist in the alignment of our businesses insurer financial strength ratings. Please note that there is nothing for you to do off the back of this announcement.
More information
If you would like to know more information on what this insurer financial strength rating means, you can read the report on the Fitch website here.
Other articles in the September 2022 newsletter
Important information
The content of this website is for information only, it does not contain any financial advice or other professional advice or make any recommendations about a financial product or service being right for you. The information provided by Resolution Life Australasia Limited ABN 84 079 300 379, NZ Company No. 281363, AFSL No. 233671 (Resolution Life), is of a general nature and does not take into account your objectives, financial situation or needs. Before taking any action, you should always seek financial advice or other professional advice relevant to your objectives, financial situation and needs, as well as consider the policy document for the product. Any guarantee offered in the product is only provided by Resolution Life.
Resolution Life does not make any representation or warranty as to the accuracy, reliability or completeness of material on this website nor accepts any liability or responsibility for any acts or decisions based on such information.
Resolution Life can be contacted at resolutionlife.co.nz/contact-us or by calling 0800 808 267.
