AKG Rating Portal Guide

For the Provider Sector

Ratings issued before August 2017. Click here for newer reports.

A number of data items are shown within the AKG Rating Portal for each company. These help provide some background context, alongside the rating(s) which are displayed.

For more detailed output from AKG's assessment, an AKG Financial Strength Assessment Report may be available.

The data items shown in the AKG Rating Portal, which will vary in their inclusion by sector and in some cases may also vary within sectors according to entity type, are as follows:

Corporate Data



The brand is the name that the organisation uses to identify itself generally. It is not in itself rated, and a number of differently rated companies could share use of a brand.


This is the 'corporate entity' that is rated. It may or may not share a similar name to the brand under which it operates.

Open/Closed to New Business

This indicates whether the company is actively marketing 'products' to new customers. Companies that are closed and are in effect just focusing on managing previously gathered business after displaying different characteristics from those that are actively seeking new sales flows. Companies that only write increments on existing policies and/or vesting annuity and/or only accept new members on existing pension schemes are treated as 'closed' for this purpose.


The ultimate owner of the company (or the majority owner if there is more than one owner). For UK registered companies, this information is disclosed in the company's statutory accounts. For overseas owners, the country of domicile is also shown. Shows 'Mutual' for a mutual company or for a friendly society.

Company Established

The year that the current corporate entity started operating, which is usually the year of incorporation.

Financial Data


Available Capital Resources

Capital resources available to meet the company's regulatory capital requirements for long term business, determined according to regulatory rules.

Capital Resources Requirement Coverage Ratio

Available capital resources for long term business, divided by the company’s capital resources requirement for long term business, expressed as a percentage. The capital resources requirement is an amount an insurer is required to hold in excess of its long term business liabilities.

Long Term Assets (shown only for long term insurers)

The total value of an insurer's assets supporting its long term business liabilities, determined according to regulatory rules.

Shareholder Funds (shown only if not a long term insurer)

The company's total shareholder funds.