Insurance

Rating updates for AMP and Suncorp

Thursday 18th of September 2008
The rating agency says AMP Life in New Zealand keeps its AA- rating and the outlokk for all four AMP companies reviewed has been revised from positive to stable.

"The outlook revisions reflect a diminished possibility of raising the AMP group ratings given the ongoing volatility in the global financial markets and the expected weakening of the domestic economy," Standard & Poor's credit anal...

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