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Quest Insurance

Quest Insurance

About Quest Insurance Group Limited

Quest Insurance Group Limited is a 100% owned subsidiary of Geneva Finance Limited.

Financial Strength

Quest Insurance Group Limited has been issued a Financial Strength Rating of B (Fair) and an Issuer’s Credit Rating of bb+ (Fair). The outlook of these Credit Ratings (ratings) is stable. These ratings were affirmed by A.M. Best on 20th May 2021

A.M. Best’s Ratings Scales

A.M. Best’s Financial Strength Rating (FSR) Scale

Rating
Categories
Rating
Symbols
Rating
Notches*
Superior A+ A++
Excellent A A-
Good B+ B++
Fair B B-
Marginal C+ C++
Weak C C-
Poor D

* Each A.M. Best’s Financial Strength Rating Category from “A+” to “C” includes a Rating Notch to reflect a gradation of financial strength within the category. A Rating Notch is expressed with either a second plus “+” or a minus “-“.

A.M. Best’s Long-Term Issuer Credit Rating (ICR) Scale

Rating
Categories
Rating
Symbols
Rating
Notches*
Exceptional aaa
Superior aa aa+ / aa-
Excellent a a+ / a-
Good bbb bbb+ / bbb-
Fair bb bb+ / bb-
Marginal b b+ / b-
Weak ccc ccc+ / ccc-
Very Weak cc
Poor c

* A.M. Best’s Long-Term Issuer Credit Rating Categories from “aa” to “ccc” include Rating Notches to reflect a gradation within the category to indicate whether credit quality is near the top or bottom of a particular Rating Category. Rating Notches are expressed with either a “+” (plus) or “-” (minus).

The Ratings Scales above are in summary form only. A full description can be obtained from the A.M. Best website.

Quest Solvency Margins as at 31st March 2021

NON-LIFE LIFE TOTAL
Actual Solvency Capital $4,612,438 $2,107,290 $6,719,729
Minimum Solvency Capital Requirement $3,715,661 $14,676 $5,000,000
Solvency Margin $896,777 $2,092,614 $1,719,729
Solvency Coverage Ratio 124% 14359% 134%
CONTACT US
PHYSICAL ADDRESS
  • 6B Pacific Rise
  • Mt Wellington
  • Auckland 1060
POSTAL ADDRESS
  • Private Bag 14923
  • Panmure
  • Auckland 1741