A.M. Best Affirms Ratings of Certain Asia-Pacific and U.S. Subsidiaries of NKSJ Holdings Inc.
Business Wire - Fri Jul 11, 12:30PM CDT
A.M. Best has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of "aa-" of Sompo Japan Insurance Inc. (Sompo Japan) (Japan) and NIPPONKOA Insurance Company Ltd (NIPPONKOA) (Japan). A.M. Best also has affirmed the FSR of A- (Excellent) and ICR of "a-" of NIPPONKOA Insurance Company (China) Limited (NIPPONKOA China) (China). Additionally, A.M. Best has affirmed the FSR of A+ (Superior) and the ICRs of "aa-" of Sompo Japan Insurance Company of America (SJA) and its wholly owned, reinsured subsidiary, Sompo Japan Fire and Marine Insurance Company of America (SJFM), collectively known as Sompo Japan US Group (both domiciled in New York, NY). The outlook for all ratings is stable.