Financial Strength Rating
Asteron Life is part of one of Australia and New Zealand's largest financial service providers with business activities in life insurance, superannuation savings, funds management and trustee services.
Important: Financial Strength Rating
The Insurance (Prudential Supervision) Act 2010 requires all licensed insurers to have a current financial strength rating that is given by an approved rating agency.
*Ratings from 'AA' to 'CCC' may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories.
The Reserve Bank of New Zealand (“RBNZ”) Solvency Standard for Life Insurance Business requires Asteron Life Limited (“Asteron Life”), as a licensed insurer, to disclose Asteron Life’s current Solvency Margin for each Life Fund from its most recent solvency return.
In its most recent Solvency Return filed with the Reserve Bank of New Zealand, Asteron Life Limited had the following Solvency Margins for its Life Funds as at 30 June 2016.