A.M. Best

17 Aug 17, 1:27pm
A.M. Best warns Tower's credit rating could be downgraded if it doesn't improve its capital position
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17 Feb 17, 1:58pm
A.M. Best places Tower's credit rating under review pending its sale to Fairfax Financial Holdings; Says it will consider the extent of Fairfax’s 'financial support' to determine a rating
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26 Jul 16, 9:48am
The Medical Insurance Society calls on cash from its parent, as it exhausts reinsurance cover for the February 2011 Canterbury earthquake, and is left to foot nearly a quarter of the bill on its own
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19 Jul 16, 9:43am
Tower's CFO resigns; Ratings agency red flags concerns over the company's 'financial profile deteriorating' as its reinsurance for the Feb 2011 Canterbury quake runs dry and it's left to fend for itself
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6 Aug 15, 5:05am
Life insurance industry expected to benefit if NZ follows in the footsteps of Australia & limits commissions paid to brokers and advisers
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24 Mar 11, 12:34pm
AMI's financial strength rating slashed to A- from A+ after quake; AM Best says AMI still on negative outlook as capital raising plans unclear
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