Financial Strength and Solvency



A- (Excellent)

Foundation Life (NZ) Limited has an A- (Excellent) Financial Strength rating from A.M. Best, effective 06 July 2018.

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 30 September 2017 was $23.193 million.

Statutory Fund
as at 30 September 2017
$000
Non-Statutory Fund
as at 30 September 2017
$000
Aggregate for FLNZ
as at 30 September 2017
$000
Actual solvency capital
30,411 53 30,464
Minimum solvency capital
7,271 - 7,271
Solvency margin
23,140 53 23,193
Solvency ratio
418% 20,000% 419%