As at 31 December 2020 Pacific International Insurance’s half-year solvency position was:
Actual Solvency Capital: AUD 17,575,000
Minimum Solvency Capital: AUD 7,063,000
Solvency Margin: AUD 10,512,000
Solvency Ratio: 248.82%
Pacific International Insurance uses Tier 1 Capital.
Pacific International Insurance has a Financial Strength Rating of B++ (Good) from the USA rating agency A.M. Best. The rating is reviewed by A.M. Best on an annual basis, with the rating scale outlined below.
|A++ and A+||Superior|
|A and A-||Excellent|
|B++ and B+||Good|
|B and B-||Fair|
|C++ and C+||Marginal|
|C and C-||Weak|
|E||Under Regulatory Supervision|