- Language: English
- Published: December 2012
Vero Liability Insurance Ltd. May 11
- ID: 1808183
- May 2011
- Standard & Poors
Strong explicit support from Vero Insurance New Zealand Ltd. A team of high-profile and experienced underwriting specialists that focuses on liability and professional indemnity insurance Competitive nature of the New Zealand non-life insurance market The ratings on New Zealand-based insurer Vero Liability Insurance Ltd. (Vero Liability) reflect our opinion of the explicit support of, and strong integration with, the company's local parent, Vero Insurance New Zealand Ltd. (Vero NZ; A+/Stable/--). Also underpinning the ratings is Vero Liability's strong market presence in the liability and professional indemnity business in New Zealand. As a wholly owned subsidiary of Vero NZ, Vero Liability benefits indirectly from its membership as one of the core operating companies of Suncorp Group Ltd. Underpinning the underlying strength...
Companies mentioned in this report are: Vero Liability Insurance Ltd.,Vero Insurance New Zealand Ltd.,Suncorp Group Ltd.
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
Vero Liability Insurance Ltd.,Vero Insurance New Zealand Ltd.,Suncorp Group Ltd.