Financial Rating
The Lumley name is a trusted and long-standing one. With over 100 years behind us, we have proven we are a stable and long-term player in the volatile business of risk.
Backed by the financial strength of our diverse parent company, Wesfarmers, we were accredited with an insurer financial strength rating of "A-" (Strong) by Standard & Poor's (Australia) Pty Ltd, an approved agency, on 7 November 2011.
It’s reassuring to know that regardless of the recent turbulent times, Lumley remains a financially stable company as measured by an independent credit rating provider.
The Standard & Poor's rating scale is:
AAA Extremely Strong
AA Very Strong
A Strong
BBB Good
BB Marginal
B Weak
CCC Very Weak
CC Extremely Weak
R Regulatory Action
(Ratings from "AA" to "CCC" may be modified by the addition of a plus or minus sign to show relative standing within the major rating categories.)