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New Zealand Gazette – 2003 – No. 22

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✨ Insurance and Gazette Deadlines

NEW ZEALAND GAZETTE

No. 22

General Section

AXA New Zealand

Insurance Companies (Ratings and Inspections) Act 1994

Change of Rating—AXA SA Group

On 12 February 2003, following a review of the AXA SA Group, Standard and Poor’s has announced a revision to the rating of the Group to “AA–” and has changed the outlook to “stable”.

This rating applies to all core operating companies within the AXA SA Group, including The National Mutual Life Association of Australasia Limited (NMLA), trading as AXA.

In adjusting the rating, Standard and Poor’s noted that the AXA SA Group “have successfully managed to counterbalance … the effect of equity market weakness … This illustrates management’s ability to leverage the entire organisation so as to adapt to adverse operating conditions”.

AXA S.A. owns 51 percent of AXA Asia Pacific Holdings Limited (AAPH) and NMLA is a wholly owned subsidiary of AAPH.

The National Mutual Life Association of Australasia Limited (incorporated in Victoria, Australia), 80 The Terrace, Wellington. Telephone: (04) 474 4500.

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Bell Gully

Insurance Companies (Ratings and Inspections) Act 1994

Public Notice of Rating Downgrade—Trenwick International Limited

Trenwick International Limited, New Zealand Branch (“the company”), announced that as from 19 August 2002, the following rating downgrades had been issued by the rating agency AM Best Company, Inc.:

(a) On 19 August 2002, the financial strength rating of “A– (Excellent) under review with negative implications” was issued to the company;

(b) On 18 October 2002, the financial strength rating of the company was downgraded to “B+ (Very Good) under review with negative implications”;

(c) On 14 November 2002, the financial strength rating of the company was downgraded to “B– (Fair) under review with negative implications”; and

(d) On 12 December 2002, the company was issued with a financial strength rating of “NR–3 (Rating Procedure Inapplicable)”.

Notes:

AM Best Company, Inc. is an approved agency.
This notice is published pursuant to the terms of the Insurance Companies (Ratings and Inspections) Act 1994.

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New Zealand Gazette 2003 Deadlines

Easter Deadlines

New Zealand Gazette Edition—24 April 2003

Commercial Section Notices: (Companies, Partnership, Insolvency and Land Transfer Acts)

The deadline for these notices will be 12.00 midday on Thursday, the 17th day of April 2003, due to the observance of Good Friday on the 18th day of April 2003 and Easter Monday on the 21st day of April 2003.\n
All other notices must be lodged at the New Zealand Gazette office by 12.00 midday on Tuesday, the 22nd day of April 2003.

Anzac Day, 25 April 2003

New Zealand Gazette Edition—1 May 2003

Commercial Section Notices: (Companies, Partnership, Insolvency and Land Transfer Acts)

Normal deadlines will apply for all notices.

d2003

VUW Te Waharoa — NZ Gazette 2003, No 22

Gazette.govt.nz — NZ Gazette 2003, No 22

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✨ LLM interpretation of page content

🏭 Change of Rating for AXA SA Group

Domain🏭 Trade, Customs & Industry
KeywordsInsurance, Ratings, AXA, Standard and Poor's

🏭 Public Notice of Rating Downgrade for Trenwick International Limited

Domain🏭 Trade, Customs & Industry
KeywordsInsurance, Rating Downgrade, Trenwick International, AM Best

📰 Easter Deadlines for New Zealand Gazette Notices

Domain📰 NZ Gazette
KeywordsGazette Deadlines, Easter, Commercial Notices

📰 Anzac Day Deadlines for New Zealand Gazette Notices

Domain📰 NZ Gazette
KeywordsGazette Deadlines, Anzac Day, Commercial Notices

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