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  • Fitch Assigns New Zealand's Asteron Life First-Time 'A' IFS Rating; Positive Watch

 

Fitch Ratings - Sydney/Hong Kong - 02 Feb 2025: Fitch Ratings has assigned Asteron Life Limited an Insurer Financial Strength (IFS) Rating of 'A' (Strong) and a Long-Term Issuer Default Rating (IDR) of 'A-'. The ratings are on Rating Watch Positive (RWP).

The ratings reflect Asteron Life's 'Moderate' company profile, 'Very Strong' capitalisation and 'Strong' financial performance and earnings. The ratings also incorporate ownership support.

The full rating action commentary can be found on the Fitch website.

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