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General enquiries:

(04) 496 6800

|

0800 500 122

A M Best Co. has assigned a Financial Strength Rating of A- (outlook Stable) and an Issuer Credit Rating of a- (outlook Stable) to Police Health Plan Limited.

The outlook for both ratings is stable. The ratings reflect the captive membership base, low expense ratio and good asset quality.

 

A M Best Co.'s Financial Strength Rating Scale:

 

Secure

Vulnerable

A++, A+ (Superior)

A, A- (Excellent)

B++, B+ (Good)

B, B- (Fair)

C++, C+ (Marginal)

C, C- (Weak)

D (Poor)

E (Under Regulatory Supervision)

F (In Liquidation)

S (Suspended)

NR (Not Rated)

 

Solvency and Capital Adequacy (Calculated as of 31 December 2018)

 

Actual Solvency Capital

32,902,000

Minimum Solvency Capital

6,849,000

Solvency Margin

26,053,000

Solvency Ratio

4.80