A.M. Best Revises Outlooks to Stable for Foundation Life (NZ) Limited

SINGAPORE–(BUSINESS WIRE)–A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Foundation Life (NZ) Limited (FLNZ) (New Zealand). The revised outlooks reflect the improved credit profile of FLNZ’s immediate holding company, Foundation Life (NZ) Holdings Limited. The Credit Ratings (ratings) reflect FLNZ’s strong risk-adjusted capitalization, consistently positive operating perf