Insure Direct, the trading name of Insurance Underwriters (NZ) Limited is an agent for Tower Insurance Ltd, who underwrite all our insurance policies.

Latest Tower Limited Financial Strength Rating from A.M. Best Company - Tower Limited: financial strength rating A- (Excellent), stable outlook (effective April 2023).

A.M. Best Company rating scale:

Rating    

A++, A+
A, A-
B++, B+
B, B-
C++, C+
C, C-
D
E
F
S

Description

Superior
Excellent
Good
Fair
Marginal
Weak
Poor
Under regulatory supervision
In liquidation
Rating suspended

 

Further reading links

AM Best's Issuer Credit Rating (ICR) Scale ICR Scale Guide
AM Best's Financial Strength Rating (FSR) Scale FSR Scale Guide