Police Health Plan - Financial Strength Rating

A M Best Co. has assigned a Financial Strength Rating of A- (outlook Stable) and an Issuer Credit Rating of a- (outlook Stable) to Police Health Plan Limited. 

The outlook for both ratings is stable. The ratings reflect the captive membership base, low expense ratio and good asset quality.

A M Best Co.'s Financial Strength Rating Scale:

Secure

Vulnerable

A++, A+ (Superior)

A, A- (Excellent)

B++, B+ (Good)

 

 

 

 

 

B, B- (Fair)

C++, C+ (Marginal)

C, C- (Weak)

D (Poor)

E (Under Regulatory Supervision)

F (In Liquidation)

S (Suspended)

NR (Not Rated)


 

 

 

 

 

 

 

 

 

 

Solvency and Capital Adequacy:

calculated as at 30 June 2018

Actual Solvency Capital 31,339,000
Minimum Solvency Capital 6,853,000
Solvency Margin 24,486,000
Solvency Ratio 4.57