SINGAPORE, Sept 7 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of nib nz limited (nib nz) (New Zealand). The outlook for both ratings is stable.
The ratings mainly reflect nib nz’s adequate balance sheet strength and continued favorable operating performance. The ratings also take into consideration the company’s strong risk management fundamentals, which partially contributed to the stable and favorable claim experience over time.
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