OREANDA-NEWS. A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Kiwi Insurance Limited (Kiwi) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect Kiwi’s strong risk-adjusted capitalization and sound operating performance. As an affiliated company of New Zealand Post Limited (NZPL) and Kiwibank, Kiwi’s distribution costs benefit from the company’s access to the affiliates’ customer base and nationwide store network.