The Police Health Plan has received an A- (Excellent) financial strength rating by A M Best Co Inc.
More information about the rating scale can be found at www.ambest.com.
A M Best Co.'s Financial Strength Rating Scale:
A++, A+ (Superior)
A, A- (Excellent)
B++, B+ (Good)
B, B- (Fair)
C++, C+ (Marginal)
C, C- (Weak)
E (Under Regulatory Supervision)
F (In Liquidation)
NR (Not Rated)
The Reserve Bank of New Zealand sets solvency standards for all licensed insurance providers. To meet the claims of our members, we are required to maintain a minimum amount of solvency capital.
As at 31 December 2023, our solvency margin is $28.18m. The Solvency Margin represents the difference between Actual Solvency Capital and Minimum Solvency Capital. A Solvency Ratio is calculated by dividing Actual Solvency Capital by Minimum Solvency Capital.
|Solvency and Capital Adequacy
Actual Solvency Capital (as at 30 September 2023)
Minimum Solvency Capital
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