About Pacific International Insurance
Pacific International is a New Zealand insurance company registered
under the New Zealand Companies Act 1993 and operates from offices
in a building owned by the Company in the Harbour Side Business
Park Avondale Auckland. Pacific International has fully complied
with the New Zealand Insurance Companies Deposit Act 1953 and its
1982 and 1983 Amendments.
In addition to lodging yearly audited financial results with the
New Zealand Department of Inland Revenue Pacific International
is required, under Section 16(1) and the Second Schedule of the
Insurance Companies Deposits Act 1953, to lodge annual audited
financial accounts with the New Zealand Ministry of Economic Development.
Pacific International is subject to provisions of the New Zealand
Insurance Law Reform Act of 1977 and 1985.
Pacific International has a B+ (Good) Financial Strength Rating with a positive outlook from the USA Rating Agency A.M. Best. The rating is reviewed by A.M. Best on an annual basis. The Company has a panel of Reinsurance companies all of which have an A.M. Best rating of A (Excellent) or better. Two of Pacific International’s reinsurers are among the largest reinsurance companies in the world.
The Company is subject to the New Zealand Disputes Tribunals
Act 1988. You may appeal any decision of Pacific International
to the New Zealand Disputes Tribunal. The decision of the Disputes
Tribunal is binding on Pacific International however, you may appeal
any decision.
Pacific International is a Member company of the Australian and
New Zealand Institute of Insurance and Finance (ANZIIF), New Zealand
Insurance Law Association Inc. (NZILA) and the Pest Management
Association of New Zealand (PMANZ).
