A.M. Best Co. announced that it has placed the financial strength rating of “A” (Excellent) of New Zealand’s Credit & General Insurance Limited (CGI) and the financial strength rating of “A-” (Excellent) of Consumer Insurance Services Limited (CISL) under review with developing implications.
Best said its rating actions “follow the acquisition of the consumer finance operations of Farmers Holdings Limited by Fisher & Paykel Appliances Holdings Limited, the respective parent companies of CGI and CISL.”
Topics Carriers
Was this article valuable?
Here are more articles you may enjoy.
Fingerprints, Background Checks for Florida Insurance Execs, Directors, Stockholders? 
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch 
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation 
The $10 Trillion Fight: Modeling a US-China War Over Taiwan 
