AM Best Comments on Credit Ratings of Guild Insurance Limited
SINGAPORE--(BUSINESS WIRE)-- AM Best has commented that the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Guild Insurance Limited (GIL) (Australia) remain unchanged following the announcement of its new strategic partnership with EML Group, comprising Employers Mutual Limited and ASWIG Management Pty Ltd., as trustee for the ASWIG Management Trust, on behalf of its underlying investor shareholders.
Under the terms of the transaction, which was announced on 25 February 2026, GIL’s ultimate owner, The Pharmacy Guild of Australia (PGOA) has agreed to sell a majority stake in GIL to Employers Mutual Limited and shareholders of ASWIG Management Pty Ltd., with a minority stake being retained by Guild Group Holdings Limited, the commercial arm of the PGOA. The transaction is expected to close on or around 1 July 2026, and remains subject to regulatory approval.
AM Best expects the prospective change to the shareholding structure to have a neutral impact on GIL’s credit rating fundamentals.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
Copyright © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260310937165/en/
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Source: AM Best
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