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:

  2023 2023 2022
  June March September
Actual Solvency Capital 16,772 15,978 15,270
Minimum Required Solvency Capital 1,990 1,923 1,976
Solvency Margin 14,782 14,055 13,294
Solvency Ratio 842.76% 830.86% 772.70%

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