Financial Strength
Autosure Insurance Limited is regulated by the Reserve Bank of New Zealand and holds a Full Insurance licence for Life and Non-life products, in accordance with the Insurance (Prudential Supervision) Act 2010. Our Full Insurance licence was issued on the 22nd August 2013.
Mechanical Breakdown, Payment Protection and Guaranteed Asset Protection Insurance policies are underwritten by Autosure Insurance Limited. Car Insurance policies are underwritten by Vero Insurance New Zealand Limited. Find out more about Vero’s financial strength rating.
Financial Strength Rating
The Insurance (Prudential Supervision) Act 2010 requires all licensed insurers to have a current Financial Strength Rating, given by an approved rating entity. Autosure Insurance Limited has been issued a Financial Strength Rating of B++ (Good), with the outlook assigned as ‘Stable’ and an Issuer Credit Rating of bbb+ (Good), with the outlook assigned as ‘Stable’ by A.M. Best. The rating was affirmed by A.M. Best on 11 September 2025.
The A.M Best company rating scale is:
A++, A+ Superior
A, A- Excellent
B++, B+ Good
C++, C+ Marginal
C, C- Weak
E Under Regular Supervision
F In liquidation
S Suspended
Issuer Credit rating
aaa (Exceptional)
aa (Superior)
a (Excellent)
bbb (Good)
bb (Fair)
b (Marginal)
ccc, cc (Weak)
c (Poor)
rs (Regulatory Supervision / Liquidation)
Solvency Margin as at 30 June 2025
Solvency Capital
Adjusted Prescribed Capital Requirement
Adjusted Solvency Margin
Adjusted Solvency Ratio
92,630
52,035
40,595
1.78
Non-Life Insurance
Solvency Capital
Adjusted Prescribed Capital Requirement
Adjusted Solvency Margin
Adjusted Solvency Ratio
79,043
46,646
32,397
1.69
Life Insurance
Solvency Capital
Adjusted Prescribed Capital Requirement
Adjusted Solvency Margin
Adjusted Solvency Ratio
13,586
6,912
6,674
1.97