New Zealand News

NRMA Given Rating

S&P assigned its “AA+” long-term rating to the guaranteed and unsubordinated series of wholesale notes to be issued under the...

Fortis Sells Australian Unit to CGNU

Australia’s AMP confirmed ongoing rumors that it would sell its general insurance business by closing a deal the Queensland-based insurance...

HIH Ratings Lowered, Withdrawn

The insurer financial strength ratings on the core operating units of HIH Insurance Ltd. (HIH) were lowered from “BBB-” to...