Financial Strength and Solvency



A- (Excellent)

Foundation Life (NZ) Limited has an A- (Excellent) Financial Strength rating from A.M. Best, effective 06 July 2017.

The rating scale

Secure
Vulnerable
A++, A+ (Superior)
A, A- (Excellent)
B++, B+ (Good)
B, B- (Fair)
C++, C+ (Marginal)
C, C- (Weak)
D (Poor)
E (Under Regulatory Supervision)
F (In Liquidation)
S (Suspended)
For the latest rating, access www.ambest.com. This rating should not be read as a recommendation.


Solvency Margin

The actual solvency margin of Foundation Life (NZ) Limited as at 31 March 2017 was $13.578 million.

Statutory Fund
as at 31 March 2017
$000
Non-Statutory Fund
as at 31 March 2017
$000
Aggregate for FLNZ
as at 31 March 2017
$000
Actual solvency capital
20,274 53 20,327
Minimum solvency capital
6,748 - 6,748
Solvency margin
13,526 53 13,578
Solvency ratio
300% 20,000% 301%