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.
Virginia’s New Gun Laws Challenged by Some Local Prosecutors and Lawsuits 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
NAIC Victim of Cyber Incident Via PeopleSoft System 
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO 
