Police Health Plan - Financial Strength Rating
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 2021, our solvency margin is $31.70m. 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||NZD|
Actual Solvency Capital (as at 31 December 2021)
Minimum Solvency Capital
The content on this website is made available for general information purposes only, does not provide personalised advice, and should not be relied on as a substitute for obtaining professional advice that is specific to your circumstances. You should seek advice from a financial adviser if you would like further information about whether a particular product or service is appropriate for you and your circumstances.
Police Health Plan is proud to have received the Consumer People's Choice award for the third year in a row. We're even more proud to be the only health insurer to receive the award in 2021.