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The Insurers

Mercer Marsh Benefits have access to all of the leading insurers in New Zealand and have selected the insurers best suited for the needs of the members of the Fonterra Welfare Fund.

Resolution Life

AMP Life Limited was acquired by Resolution Life in June 2020 and changed its name to Resolution Life Australasia Limited in October 2021

Resolution Life is a global manager of in-force life insurance businesses who provide customers with peace of mind that their insurance is in safe and trusted hands for the long term.

Since 2003, various Resolution Life entities have committed over US$16 billion of equity in the acquisition, reinsurance, consolidation and management of 28 life insurance companies. Together, these companies have served the needs of over 10 million policyholders while managing over US$320 billion of assets. Resolution Life focuses on delivering policyholder benefits in a secure, well capitalised environment.

Resolution Life is backed by large investors who are leading financial institutions, insurance companies, pension plans, sovereign wealth funds and family offices.

Resolution Life Financial Strength

Resolution Life Australasia Limited (Resolution Life) has an A (Strong) Insurer Financial Strength Rating given by Fitch Australia Pty Limited (Fitch), an approved rating agency, whose rating scale is set out below in summary form. For Fitch’s full rating scale, please go to Fitch's website at  www.fitchratings.com

 

 

AIA New Zealand Ltd

Critical illness Insurance is provided through AIA New Zealand Ltd.

AIA Group is one of the largest life insurers in the world, with a presence in 18 markets across Asia Pacific. AIA New Zealand Limited is part of the AIA Group and has been providing insurance to New Zealanders since 1981.

AIA New Zealand Ltd are New Zealand’s largest life insurer and pay out more claims than any other life insurer in New Zealand

AIA New Zealand Financial Strength

AIA New Zealand Limited has been given an AA (Very Strong) insurer financial strength rating by Fitch Ratings, an approved ratings agency. A rating of AA means AIA New Zealand Limited has a very strong capacity to meet policyholder and contractual obligations.