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Last Article Uploaded: Thursday, February 29th, 7:13PM

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AXA's rating improves

AXA’s rating has been raised to AA from AA- by credit rating agency Standard & Poor’s, due to its ability to pay under its insurance policies and contracts.

Monday, February 16th 2009, 5:13AM

The new AA or ‘very strong’ rating applies across all of AXA Group’s core operating entities.

AZA New Zealand CEO Ralph Steward said the new rating was important, particularly with people seeking strength in their financial institutions and insurance partners.

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