AA Insurance launched in 1994 and is a joint venture between the New Zealand Automobile Association (NZAA) and Vero New Zealand, which is part of the Suncorp Group.
AA Insurance Ltd has an AA- (Very Strong) Insurer Financial Strength Rating given by Standard and Poor’s (Australia) Pty Ltd.
The rating scale is:
The rating from 'AA' to 'CCC' may be modified by the addition of a plus or minus sign to show relative standing within the major rating categories.
For more information visit Standard & Poor's | About Credit Ratings