A.M. Best Rating

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Farmers' Mutual Group (FMG) (New Zealand) and FMG Insurance Limited (FMGIL) (New Zealand). The outlook for both ratings is positive.

The ratings of FMG and FMGIL reflect the consolidated entity's (Group) adequate capitalization, as measured by Best's Capital Adequacy Ratio (BCAR). The ratings also consider the stable growth and good business retention of the Group.

Click on this link to read the entire A.M. Best press release issued 16 June 2009:
AM Best Press Release 16 June 2009.pdf(18.73 KB)

Claims Paying Ability Rating Important Notice

Farmers’ Mutual Group (FMG) which incorporates FMG Insurance Limited has been assigned a Claims Paying Ability Rating of

A- Excellent

as accorded by the international rating agency A.M. Best Company on 16 June 2009

The Rating Scale is:

A++ and A+..............................Superior
A and A-...................................Excellent
B++ and B+...........................Very Good
B and B-..........................................Fair
C++ and C+..............................Marginal
C and C-........................................Weak
D...................................................Poor
E................Under Regulatory Supervision
F......................................In Liquidation
S................................Rating Suspended