AM Best Affirms Credit Ratings of The Hollard Insurance Company Pty Ltd
3 March 2022
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Hollard Insurance Company Pty Ltd (HIC) (Australia). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect HIC’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
Hollard receives multiple ANZIIF Awards
27 October 2021
Privately owned Hollard Insurance was the recipient of two awards announced yesterday at the 17th Annual ANZIIF Australian Insurance Industry Awards - Large General Insurance Company of the Year
(a repeat win in this category), and the Excellence in Workplace Diversity and Inclusion award.
Hollard announces exclusive 15-year strategic alliance with CBA
21 June 2021
Hollard Holdings Australia Pty Ltd (HHA) announced today it has successfully tendered to purchase the general insurance business Commonwealth Insurance Limited from CBA. The transaction is expected to complete in mid calendar year 2022. The deal includes an exclusive 15-year strategic alliance between CBA and HHA to distribute home and motor lines of business to CBA’s customers through the CBA brand.