SINGAPORE–(BUSINESS WIRE)–A.M. Best has commented that the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of Sovereign Assurance Company Limited (Sovereign) (New Zealand) remain unchanged following the announcement that the company will be acquired. The outlook of these Credit Ratings (ratings) remains stable. This commentary follows the Sept. 21, 2017, announcement from Sovereign’s ultimate parent, Commonwealth Bank of Australia, that it will sell
