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A.M. Best Places Ratings of Fidelity Life Assurance Company Limited Under Review With Developing Implications

OLDWICK, N.J. - 
      A.M. Best Co. has placed the financial strength rating of A- 
      (Excellent) and issuer credit rating of “a-” of Fidelity Life 
      Assurance Company Limited (Fidelity) (New Zealand) under review with 
      developing implications.
    
    
      The rating
Posted : Tue, 03 Nov 2009 15:59:20 GMT
Author : A.M. Best Co.
Category : Press Release
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OLDWICK, N.J. - (Business Wire) A.M. Best Co. has placed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Fidelity Life Assurance Company Limited (Fidelity) (New Zealand) under review with developing implications.

The ratings were placed under review following the recent notification by Fidelity of delays in the compilation of rating information due to human resource issues. The ratings will remain under review pending receipt of the remaining rating materials and the completion of A.M. Best’s rating analysis.

For Best’s Credit Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings.

The principal methodologies used in determining these ratings, including any additional methodologies and factors that may have been considered, can be found at www.ambest.com/ratings/methodology.

Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com.

A.M. Best Co.
Analysts
Billy Wong, CFA, +852-2827-3414
billy.wong@ambest.com
or
Philip Chung, CFA, +852-2827-3409
philip.chung@ambest.com
or
Public Relations
Jim Peavy, +(1) 908-439-2200, ext. 5644
james.peavy@ambest.com
or
Rachelle Morrow, +(1) 908-439-2200, ext. 5378
rachelle.morrow@ambest.com


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