Monday 22 December 2014

A.M. Best Affirms Ratings Of Sovereign Assurance Company Limited



KUALA LUMPUR, Dec 22 (Bernama) -- A.M. Best has affirmed the financial strength rating of A+ (Superior) and the issuer credit rating of "aa-" of Sovereign Assurance Company Limited (Sovereign) (New Zealand). The outlook for both ratings is stable.

The affirmations reflect Sovereign's strong business profile, supportive risk-adjusted capitalization and financial flexibility as part of the Commonwealth Bank of Australia (CBA) group.

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