The New Zealand registered company HEMISPHERE INSURANCE COMPANY LIMITED announced that
as from 11 February 2009, the rating of its financial
strength has been downgraded to “CCC–” and then suspended by the rating agency Standard and Poor’s (Australia) Pty Limited, a division of The McGraw-Hill Companies, Inc.
HEMISPHERE INSURANCE COMPANY LIMITED is now “Not Rated”.
This notice is published pursuant to the terms of the Insurance Companies (Ratings and Inspections) Act 1994.