Insurance & Ratings
The Insurance Companies (Ratings and Inspections) Act 1994 ("the Act") requires insurers (other than certain exempt insurers) to:
- Obtain a rating from an approved rating agency;
- Register that rating with the Registrar of Companies; and
- Disclose the rating before entering into or renewing a contract of insurance.
Establishing Insurance Business in New Zealand
General information about the relevent legislation for establishing an Insurance Business in New Zealand.
Insurance Companies (Ratings and Inspections) Act Schedule of Ratings and Notices of Election Not to be Rated
This schedule is published quarterly and provides the ratings for insurance companies. Updated to 18 December 2009.
Insurance Companies
Companies that have a deposit lodged with the Public Trustee.
A Guide to the Insurance Companies (Ratings and Inspections) Act 1994
This guide provides details on obtaining, registering and disclosing a rating under the Act.
Ratings Descriptions
Outlines the ratings used by the three approved agencies, A. M. Best, Fitch Ratings and Standard & Poor's.
Rating Agencies
List of ratings agencies approved by the Registrar of Companies.
Notice of Election by Insurer Not to be Rated (Section 9(1)(b))
Insurance and Superannuation Unit form to be printed and signed.
Revocation Form
Insurance and Superannuation Unit form to be printed and signed.
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