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

SINGAPORE–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of FMG Insurance Limited (FMGIL) (New Zealand). The outlook of these Credit Ratings (ratings) remains stable. The ratings reflect FMGIL’s strong risk-adjusted capitalization, consistently positive operating performance and well-established profile in the rural sector of New Zealand’s general insurance market. The ratings also reflect FMGIL’s low underwr