Financial strength
Southern Cross Medical Care Society (trading as Southern Cross Health Society) has an A+ (Strong) financial strength rating given by Standard & Poor’s (Australia) Pty Limited.
The rating scale is:
|
AAA |
(Extremely Strong) |
AA |
(Very Strong) |
A |
(Strong) |
|
BBB |
(Good) |
BB |
(Marginal) |
B |
(Weak) |
|
CCC |
(Very Weak) |
CC |
(Extremely Weak) |
SD or D |
(Selective Default or Default) |
Ratings from ‘AA’ to ‘CCC’ may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories. Full details of the rating scale are available at S&P Global Ratings. Standard & Poor’s is an approved rating agency under the Insurance (Prudential Supervision) Act 2010.