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FMIA

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Of all the various mandated programs out there, FMIA is the most troublesome, beating affirmative action COBRA and OSHA [Consolidated Omnibus Budget Reconciliation Act and Occupational Safety and Health Administration].
Good operating performance by FMIA and FMIL in fiscal year 2006 contributed to an improvement in FMG's risk-adjusted capitalization as measured by the Best Capital Adequacy Ratio.
The rating of FMIA, the parent entity of Farmers' Mutual Group (FMG), and FMIL is based on FMG's well established presence in New Zealand's rural sector, its broad distribution coverage and changes in the investments held in the general insurance portfolio in New Zealand.
 
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