AM Best Comments on Credit Ratings of Partners Life Limited
- September 10, 2026 09:20 AM (EDT)
//BestWire// - AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Partners Life Limited (Partners Life) (New Zealand) remain unchanged, following the announcement on 3 September 2026 that Partners Group Holdings Limited (Partners Group), Partners Life’s immediate parent and a wholly owned New Zealand subsidiary of Daiichi Life Group, Inc. [TSE: 8750], has entered into a share purchase agreement to acquire Fidelity Life Assurance Company Limited.
The transaction, which is subject to required regulatory approvals and completion requirements, is expected to be completed in 2027. AM Best will continue to monitor the progress of the transaction and consider any impact on Partners Life’s credit rating fundamentals.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
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AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.