SINGAPORE, June 30 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of DPL Insurance Limited (DPL) (New Zealand). The outlook for each rating is stable.
DPL is a small insurance provider of life and non-life insurance products within the New Zealand market. Its ultimate parent is Turners Limited (formerly Dorchester Pacific Limited), a financial services company listed on the New Zealand Stock Exchange.
The ratings reflect DPL’s adequate risk-adjusted capitalization, favorable claims experience and high return on net assets.
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