MARAC MARAC Insurance Insurer Financial Strength rating MARAC Insurance Limited's (MARAC Insurance) Insurer Financial Strength rating has been downgraded by Fitch Ratings to BB+ (Moderately Weak) from BBB+ (Good). The outlook is stable. marac.co.nz/insurance MARAC MARAC Insurance Insurer Financial Strength rating MARAC Insurance Limited's (MARAC Insurance) Insurer Financial Strength rating has been downgraded by Fitch Ratings to BB+ (Moderately Weak) from BBB+ (Good). The outlook is stable. marac.co.nz/insurance