Articles tagged with 'Ratings'
Cigna retains strong AM Best financial rating
30 March 2021 - A "very strong" balance sheet and "stable outlook" has seen AM Best reaffirm its Financial Strength Rating for Cigna New Zealand.
Covid-19 could strike REITs a hard blow
30 April 2020 - The hit from the Covid-19 crisis could last longer and deeper than just the lockdown period for Australian and New Zealand real estate investment trusts (REITs).
NZ banks exposed: S&P
23 September 2019 - Risks in the New Zealand banking system are comparable with Iceland, Ireland and Mexico, according to a new report from ratings agency Standard & Poors.
ANZ and Westpac credit rating outlooks downgraded to 'negative' outlook: Fitch
18 July 2019 - Australia's ANZ Bank has taken another hit, with the international credit rating agency Fitch downgrading the bank's operations in both Australia and New Zealand from a 'stable' to a 'negative' outlook, citing "material shortcomings in operational risk management, which were not aligned with the assessment Fitch had previously incorporated into its ratings".
Auckland affordability a credit negative - Moodys
8 March 2017 - Poor housing affordability in Auckland is a credit negative for New Zealand covered bonds backed by mortgages in the city, according to a global ratings service.
NZ economic outlook downgraded
27 January 2016 - Weaker prices for agricultural exports have led Fitch Ratings to revise New Zealand’s growth outlook down.
Asteron maintains rating
12 March 2015 - Asteron Life has maintained its A+ financial strength rating from Standard & Poor’s, signifying its continued strength in the life insurance industry.
Fidelity Life has rating confirmed
13 February 2015 - Fidelity Life has had its A- (Excellent) financial strength rating reaffirmed by AM Best, for the 19th consecutive year.
Asset Finance gives up Govt guarantee
20 October 2009 - Whakatane-based non-deposit taker Asset Finance is one of the first to exit the government's deposit guarantee scheme.
Marac faces long road to bank status
20 August 2009 - Marac's aspirations of transforming into a bank have become difficult following its downgrade by Standard & Poor's last week, according to one of the rating agency's analysts.
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