A.M. Best rating A- Excellent

[ Thursday, 18 February 2010 ]

Fidelity Life's A- 'Excellent' rating has been re-confirmed by A.M. Best
A.M. Best rating

                                                            

 


Fidelity Life keeps Excellent rating for 14th consecutive year

 

A.M. Best, the global credit rating agency for the insurance industry, has confirmed Fidelity Life’s A- (Excellent) financial strength rating for the 14th year in a row.

A.M. Best says “the ratings reflect Fidelity Life’s consistent new business growth, coupled with its operating profits, and surplus accumulation.

“Fidelity Life has demonstrated strong new business growth for the 12 months to year-end June 2009. This continued growth averages14.4% over the past five years, and in 2009 Fidelity Life wrote $81.4 million in gross premiums.”

The outlook for Fidelity Life’s A- (Excellent) rating is stable, which is demonstrated by the company’s 14-year track record.

Milton Jennings, Fidelity Life’s CEO, is pleased with the result. “2009 was a tricky year in the financial sector. Our prudent management policies and careful investment stands Fidelity Life in good stead now and in the future.”

Founded in 1899, A.M. Best is a global full-service credit rating organisation dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers.

 

 

 

 19 February 2010

This email was sent by Fidelity Life Assurance Ltd, 81 Carlton Gore Road, Newmarket, Auckland 1151.
 
While Fidelity Life Assurance Company Limited (Fidelity Life) has made its best endeavours to ensure the information in this Marketing Flash is accurate, neither Fidelity Life nor any company or person associated with the document takes any responsibility for any incorrect or outdated information contained herein or for actions taken as a result.  In preparing the email, the author has not taken any individual investor's personal circumstances into account and this email should not be relied upon as the basis for an investment decision.  This email is intended for Fidelity Life advisers only and is not to be distributed to members of the public.  This email is not a recommendation or an offer of securities under the Securities Act 1978.  Investments will be accepted only on the application form in the investment statement, a copy of which can be obtained free of charge from Fidelity Life. No part of this email can be copied or reproduced without the prior permission of Fidelity Life.
 
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