News

Weekly briefs

Monday 15th of December 1997
Norwich Union Life Insurance (NZ) Ltd had its counterparty credit rating and claims-paying ability rating cut from AA-minus to A-minus by Standards and Poors last week.
The rating agency has also placed Norwich on credit watch following the announcement a strategic review was going on within the organisation, which may result in parts of the business being sold.
S&P says potential chan...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.