The Insurance (Prudential Supervision) Act 2010 requires all New Zealand health insurers to be given a Financial Strength Rating.
AM Best has assessed Union Medical Benefits Society Limited (UniMed) as having A (Excellent) Financial Strength Rating.
AM Best’s Financial Strength ratings are as follows:
Secure: A++, A+ (Superior), A, A- (Excellent), B++, B+ (Good)
Vulnerable: B, B- (Fair), C++, C+ (Marginal), C, C- (Weak), D (Poor), E (Under Regulatory Supervision), F (In Liquidation), S (Suspended)