Lantern offers NZI’s premium insurance policies to our customers
Lantern benefits
Lantern Insurance is a provider of premium NZI products, regarded by many to be some of the best insurance products in the New Zealand market.
NZI is New Zealand’s longest-standing insurer, with robust policies that have stood the test of time.
As a corporate citizen we pride ourselves on a commitment to social, environmental and economic sustainability, and we continue to innovate in this area with in-house initiatives that make a difference.
Standard & Poor's rating
Lantern Insurance is a business division of IAG New Zealand Ltd, which received a financial strength rating of AA- from Standard & Poor’s (Australia) Pty Ltd, an approved rating agency.
A rating of AA- means we have a ‘very strong’ claims paying ability, as you can see in the scale below. As a customer, this is your reassurance that Lantern Insurance will be able to pay out on your claims.
The rating scale is:
| AAA |
(Extremely Strong) |
| AA |
(Very Strong) |
| A |
(Strong) |
| BBB |
(Good) |
| BB |
(Marginal) |
| B |
(Weak) |
| CCC |
(Very Weak) |
| CC |
(Extremely weak) |