Our purpose

Ecclesiastical is a commercial business with a charitable owner and purpose that sets us apart from other businesses in the financial services sector. We use our distinctive proposition to create competitive advantage.

Our purpose is to deliver growing financial returns to our shareholders and owner, which are then distributed to charitable causes and communities, contributing to society’s greater good. This drives our strategic goal of being the most trusted and ethical insurer in our chosen markets. It shapes the way we do business, particularly our focus on doing the right thing for our customers and business partners.

Our governance

The Board of directors is committed to applying the highest standards of corporate governance and believe that the affairs of the Company should be conducted in accordance with best business practice.

Financial strength ratings

A financial strength rating from a credit rating agency is an independent opinion of an insurer's financial strength and ability to meet its ongoing insurance policy and contract obligations. Ratings are based on a comprehensive quantitative and qualitative evaluation of a company's balance sheet strength, operating performance and business profile.

Ecclesiastical Insurance Office plc maintains an interactive relationship with credit rating agencies Standard & Poor’s (S&P) and AM Best. The table below lists the current financial strength ratings from each rating agency.

 

 Agency

 Financial strength

 Last update

 Outlook

 S&P A- Affirmed June 2020 Stable
 AM Best A Affirmed May 2020 Stable

Rating agencies use different terms to describe their rating categories. Our rating from S&P is in their 'strong' category and our rating from AM Best is in their 'excellent' category.

Stock exchange announcements

You can find all Ecclesiastical Insurance Office plc (EIO) London Stock Exchange announcements and governance documentation and results below.