INSURER STRENGTH RATINGS
S&P Global Insurer Financial Strength Ratings
AUSTRALIA
RATING
NON-LIFE INSURERS AAI Ltd.
AA-/STABLE A/STABLE A+/STABLE AA-/STABLE A-/STABLE AA+/STABLE AA/STABLE AA-/STABLE AA-/STABLE AA/STABLE AA/STABLE A/STABLE A+/STABLE A/STABLE AA-/STABLE AA-/STABLE AA-/STABLE A+/STABLE A/STABLE A/STABLE A+/STABLE AA-/POSITIVE AA-/STABLE
Achmea Schadeverzekeringen N.V.
AIG Australia Ltd.
Allianz Australia Insurance Ltd. Allied World Assurance Co. Ltd.
The following is a list of S&P Global Ratings insurer financial strength ratings assigned to insurance companies in Australia and New Zealand. Ratings as at 28 November 2025 . Contact: Craig Bennett, S&P Global Ratings, 03 9631 2197
Berkshire Hathaway Specialty Insurance Co. BHP Marine & General Insurances Pty Ltd.
Chubb Insurance Australia Ltd. Factory Mutual Insurance Co.
NEW ZEALAND NON-LIFE INSURERS AA Insurance Ltd.
RATING
Great Lakes Insurance S.E (Australia Branch)
Insurance Australia Ltd.
Liberty Mutual Insurance Co.
AA-/STABLE A+/STABLE A+/STABLE AA-/STABLE AA+/STABLE AA-/STABLE AA-/STABLE AA/STABLE AA/STABLE A/STABLE A+/STABLE A/STABLE AA-/STABLE AA-/STABLE
Mitsui Sumitomo Insurance Co. Ltd.
AIG Insurance New Zealand Ltd. Aioi Nissay Dowa Insurance Co., Ltd Allianz Australia Insurance Ltd.
NorthStandard Ltd.
QBE Insurance (Australia) Ltd. QBE Insurance (International) Ltd.
Society of Lloyd’s
Berkshire Hathaway Specialty Insurance Co.
Sompo Japan Insurance Inc. Southern Cross Benefits Ltd. The Hollard Insurance Co. Pty. Ltd
Chubb Insurance New Zealand Ltd. Factory Mutual Insurance Co. Great Lakes Insurance SE
Tokio Marine & Nichido Fire Insurance Co., Ltd.
XL Insurance Co. SE
IAG New Zealand Ltd.
Zurich Australian Insurance Ltd.
Medical Insurance Society Ltd. Mitsui Sumitomo Insurance Co. Ltd.
LENDERS MORTGAGE INSURERS Arch Lenders Mortgage Indemnity Ltd.
AA-/STABLE A/NEGATIVE A+/STABLE
NorthStandard Ltd.
Helia Insurance Pty Ltd.
QBE Insurance (Australia) Ltd.
QBE Lenders' Mortgage Insurance Ltd.
Society of Lloyd’s
LIFE INSURERS AIA Australia Ltd.
Southern Cross Benefits Ltd.
A/STABLE A/STABLE A/STABLE
A+/POSITIVE
Southern Cross Pet Insurance Ltd. The Hollard Insurance Co. Pty. Ltd
Challenger Life Co. Ltd.
A/STABLE
Hallmark Life Insurance Co. Ltd
BBB+/STABLE
Tokio Marine & Nichido Fire Insurance Co. Ltd. (New Zealand Branch)
A+/STABLE
MetLife Insurance Ltd.
A+/STABLE
Vero Insurance New Zealand Ltd. Vero Liability Insurance Ltd. Zurich Australian Insurance Ltd.
AA-/STABLE AA-/STABLE AA-/STABLE
REINSURERS Aspen Insurance UK Ltd. Berkley Insurance Co.
A-/WATCH POS A+/POSITIVE
General Reinsurance Australia Ltd. General Reinsurance Life Australia Ltd. Hannover Life Re of Australasia Ltd.
AA+/STABLE AA+/STABLE AA-/STABLE AA-/STABLE AA-/STABLE AA-/STABLE
HEALTH INSURERS nib nz Ltd.
A/STABLE A+/STABLE
Hannover Rück SE
Southern Cross Medical Care Society
HDI Global SE
LENDERS MORTGAGE INSURERS Helia Insurance Pty Ltd. (NZ Branch) QBE Lenders' Mortgage Insurance Ltd.
HDI Global Specialty SE
A/NEGATIVE A+/STABLE
Munchener Ruckversicherungs-Gesellschaft (Munich Reinsurance Co.) Munich Reinsurance Co. of Australasia Ltd.
AA/STABLE
AA/STABLE AA-/STABLE AA-/STABLE A+/POSITIVE AA-/STABLE A+/STABLE A+/STABLE AA-/STABLE AA-/STABLE AA-/STABLE AA+/STABLE
LIFE INSURERS Hallmark Life Insurance Co. Ltd. (New Zealand Branch) BBB+/STABLE Medical Life Assurance Society Ltd. A/STABLE REINSURERS Hannover Life Re of Australasia Ltd. AA-/STABLE HDI Global Specialty SE AA-/STABLE
Pacific Life Re (Australia) Pty Ltd.
QBE Capital Ltd.
RenaissanceRe Europe AG
RGA Reinsurance Co. of Australia Ltd. SCOR Global Life Australia Pty Ltd. SCOR Reinsurance Asia Pacific Pte. Ltd. Swiss Re Asia Pte. Ltd. (Australia Branch)
Swiss Re International SE
Swiss Re Life & Health Australia Ltd.
Transatlantic Reinsurance Co.
NIBA .COM.AU / 75
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