Fitch affirms AA- credit rating of IAG subsidiaries

Fitch Ratings

The agency said the rating reflected IAG's dominant market position and highlighted the group's competitive position in Australia and New Zealand as a key advantage.

IAG's subsidiaries rated consist of Insurance Australia Limited and IAG New Zealand Limited.

Last month the group confirmed it was considering a sale of all or part of its UK business, including Equity Red Star and stakes in Arista and Barnett & Barnett, after UK losses of £3.2m.

The UK arm did not feature in the Fitch reported

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: