SINGAPORE--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Beneficial Insurance Limited (BIL) (New Zealand). The outlook for both ratings is stable. The rating affirmations reflect BIL’s adequate risk-adjusted capitalization, continued growth of its pet health insurance business, and low product risk profile. On a risk-adjusted basis, BIL continues to demonstrate adequate capitalization to support its net required capi