A.M. Best Affirms Credit Ratings of DPL Insurance Limited

SINGAPORE–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of DPL Insurance Limited (DPL) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect DPL’s adequate risk-adjusted capitalization and positive operating results, underpinned by strong investment earnings. In fiscal year 2016, DPL’s ultimate parent, Turners Automotive Group Limited (Turners), acquired the Autosure insu