Our financial strength provides our customers with assurance that we will be able to pay their claims.

The following provides an overview of how we demonstrate our financial strength to our customers


The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the Australian financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, friendly societies, and most members of the superannuation industry. APRA’s capital standards and related capital requirements are designed to ensure that entities hold enough capital to be able to carry on their business.

As at 31 December 2021, Ansvar held 2.05 times the level of capital required by APRA.


Ansvar has financial strength and long term issuer ratings of “Excellent” or A-/a- from A.M. Best. A.M. Best characterises the financial strength rating of A- as “Assigned to insurance companies that have, in our opinion, an excellent ability to meet their ongoing insurance obligations”. The ratings were affirmed on 25 March 2022 with a stable outlook.

The following sets out the scales for A.M. Best ratings showing Ansvar has the second strongest available rating out of seven on the A.M. Best rating scale:

A++, A+ (Superior)

A, A- (Excellent)

B++, B+ (Good)

B, B- (Fair)

C++, C+ (Marginal)

C, C- (Weak)

D (Poor)

About A.M. Best

A.M. Best is a worldwide insurance rating and information agency with more than 100 years of history. It is the largest and longest established company devoted to issuing in depth reports and financial strength ratings about insurance organisations.

Its flagship publication and database, Best’s Insurance Reports, offers extensive coverage of insurers and reinsurers. Many other Australian insurers have A.M. Best ratings, as well as some of the largest global reinsurers.

Group Rating

In February 2021 Standard & Poor’s affirmed the financial strength rating of A- (Strong) for Ansvar’s parent company, the Benefact Group, with a stable outlook.

In June 2021 A.M. Best affirmed the financial strength rating of A (Excellent) for Ansvar’s parent company with a stable outlook.


The company’s capital position has remained strong even though, like other insurers, it has experienced significant claims over the past 10 years. We provide our customers with visibility of our strong financial position in our Annual Financial Statements.

Ansvar Financial Report 2021
Annual Financial Report 2020
Annual Financial Report 2019
Annual Financial Report 2018
Annual Financial Report 2017
Annual Financial Report 2016
Annual Financial Report 2015
Annual Financial Report 2014
Annual Financial Report 2013
Annual Financial Report 2012
Annual Financial Report 2011
Annual Financial Report 2010
Annual Financial Report 2009
Annual Financial Report 2008
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