On 7 May 2008, IAG New Zealand Limited had its
financial strength rating downgraded from "AA" to "AA-" by approved ratings agency Standard and Poor's (Australia) Pty Limited.
This notice is published pursuant to the Insurance Companies (Ratings and Inspections) Act 1994.
*This notice replaces the one published in the New Zealand Gazette, 15 May 2008, No. 84, page 2275.