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 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 2009.
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
- NR - Not Rated
Plus (+) or minus (-) signs following ratings from “AA” to “CCC” show relative standing within the major rating categories.