Credit New Zealand Latest Information

 

Avoiding the Christmas credit card crunch
AS Santa checks his "naughty or nice" list, consumers should be checking their credit ratings.

S&P affirms NZ Post credit rating, cuts hybrid notes to 'junk'
Standard & Poor's affirmed New Zealand Post's issuer credit and related debt rating at A+/A-1 with a long term negative outlook, while cutting its hybrid notes to 'junk' status. NZ Post would receive a "very high level of extraordinary support" from the government in times of financial stress, but this wouldn't be extended to the $200 million of hybrid notes the national mail service has, S&P ...

A.M. Best Affirms Ratings of Kiwi Insurance Limited
HONG KONG--(BUSINESSWIRE)-- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Kiwi Insurance Limited (Kiwi) (New Zealand). The affirmations reflect Kiwi’s strong risk-adjusted capitalization, low product risk profile and prudent investment portfolio. As a member of the New Zealand Post Limited (NZPL) group of companies, Kiwi also ...

S&P affirms NZ Post rating
Standard & Poor's has affirmed New Zealand Post's rating at A /A-1 with a long term negative outlook.

Sport Chalet To Award One Hiker With A Scenic 12-Day Trek Through New Zealand
LOS ANGELES, Sept. 17, 2014 /PRNewswire/ -- As part of Sport Chalet's Adventures of a Lifetime sweepstakes, the premier specialty sporting goods retailer has united with Air New Zealand, Tourism New Zealand and Eagle Creek to offer one lucky winner a 12-day trek through the New Zealand countryside. The winner will also visit Sutherland Falls, the tallest waterfall in New Zealand and the fifth ...

S&P affirms NZ Post rating, cuts hybrid notes to 'junk'
Sept. 17 (BusinessDesk) - Standard & Poor's affirmed New Zealand Post's issuer credit and related debt rating at A+/A-1 with a long term negative outlook, while cutting its hybrid notes to 'junk' status.

S&P affirms NZ Post credit rating
Ratings agency Standard & Poor keeps NZ Post's credit rating on hold but cuts its $200m worth of hybrid notes to a sub-investment grade.

A.M. Best Affirms Ratings of Beneficial Insurance Limited
HONG KONG--(BUSINESSWIRE)-- A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Beneficial Insurance Limited (BIL) (New Zealand). On a risk-adjusted basis, BIL continues to demonstrate adequate capitalization to support its net required capital, as evaluated by Best's Capital Adequacy Ratio (BCAR). Hence, BIL's overall capitalization is ...

Team USA thwacks New Zealand, 98-71
New Zealand won the third quarter, but overall it was another easy day for Team USA's bigs. Unlike Turkey on the previous day, New Zealand didn't have great ambitions for the outcome of this game. Down 0-2 and needing two victories in the next three games to advance, the Tall Blacks decided to look beyond their matchup with Team USA.

Idyllic Islands Belie Coup Culture as Fiji Heads to the Polls
Flanked by a stage adorned with flowers and hibiscus-print fabric, Frank Bainimarama smiled at protesters interrupting his campaign speech to about 1,000 Fijian expatriates in New Zealand. Asked if the ballot will bring an end to Fiji's destabilizing coup culture, Bainimarama, 60, told the audience in Auckland last month "there'll be no coup" -- as long as they vote for him. A smooth vote could ...

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