Financial stability
For eight consecutive years we’ve been given an A+ (Strong) financial strength rating by Standard & Poor’s (Australia) Pty Limited.1
The rating scale is:
| AAA (Extremely Strong) |
AA (Very Strong) |
A (Strong) |
| BBB (Good) |
BB (Marginal) |
B (Weak) |
| CCC (Very Weak) |
CC (Extremely Weak) |
R (Regulatory Action) |
Plus (+) or minus (-) signs following ratings from ‘AA’ to ‘CCC’ show relative standing within the major rating categories. Full details of the rating scale are available for inspection at our offices. Standard & Poor’s (Australia) Pty. Limited is an approved agency under the Insurance Companies (Ratings and Inspections) Act 1994.1
Long-term sustainability
As a not-for-profit entity any premium surpluses are reinvested in moderating future premiums and/or the development of initiatives that will improve the health and wellbeing of our clients and members.
Source:
1. Standard & Poor's (Australia) Pty. Limited