Financial Strength & Solvency


The solvency of Aioi Nissay Dowa Insurance Company, Limited expressed in NZ$ at the exchange rates effective at each reporting date was:

  2024 2023 2023
  March December September
Actual Solvency Capital 17,329 16,743 15,900
Minimum Required Solvency Capital 2,221 2,013 1,967
Solvency Margin 15,109 14,731 13,933
Solvency Ratio 780.37% 831.92% 808.29%

Financial Strength

Aioi Nissay Dowa Insurance Company, Limited has a Financial Strength Rating of A+ (Stable) given by A. M. Best Company and A+ (Stable) given by Standard & Poors.

The Financial Strength Rating is an independent opinion of an insurer's financial strength and ability to meet its ongoing insurance policy and contract obligations.

A.M. Best's Financial Strength Rating Scale is:
A+ Superior
A Excellent
B+ Good
B Fair
C+ Marginal
C Weak
D Poor


Standard & Poors Financial Strength Rating Scale is:
AAA Extremely Strong
AA Very Strong
A Strong
BBB Good
BB Marginal
B Weak
CCC Very Weak
CC Extremely Weak
R Under Regulatory Supervision


The rating scales may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major categories.

For further details and a full explanation of these ratings please use the following links: or