A.M. Best Co. announced that it has withdrawn the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa” of the New Zealand-based Accident Compensation Corporation (ACC) and assigned an NR-4 (Company Request) rating.
Best indicated that ACC’s management’s had requested that the Company be removed from its interactive rating process.
Was this article valuable?
Here are more articles you may enjoy.
NYC Building Scare Shows Challenges of Converting Offices to Housing
What Home Age Actually Tells Us About Claims — And What It Doesn’t
A Paint That Changes Colors When Hit. The Uses Are Striking.
Allianz Unit to Cut as Many as 1,800 Jobs in Push to Adopt AI