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
Resolution Life Australasia Limited ABN 84 079 300 379, NZ Company No. 281363, AFSL No. 233671 (Resolution Life) is part of the Resolution Life Group. The content on this website is for information only. The information is of a general nature and does not constitute financial advice or other professional advice. Before taking any action, you should always seek financial advice or other professional advice relevant to your personal circumstances. While care has been taken to supply information on this website that is accurate, no entity or person gives any warranty of reliability or accuracy, or accepts any responsibility arising in any way including from any error or omission.
A disclosure statement is available from your Adviser, on request and free of charge.
