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Article: A.M. BEST AFFIRMS RATINGS OF SOMPO JAPAN INSURANCE INC.
- Article from:
- AsiaPulse News
- Article date:
- December 18, 2008
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(Full text of a statement. Contact details below.)
(BW)(NJ-A.M.-BEST) A.M. Best Affirms Ratings of Sompo Japan Insurance Inc.; Upgrades Ratings of Sompo Japan Insurance Company of America
Insurance Writers
OLDWICK, N.J.--(BUSINESS WIRE) - Dec. 17, 2008--A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit rating (ICR) of "aa-" of Sompo Japan Insurance Inc. (Sompo Japan) (Japan). The outlook for the ICR has been revised to stable from positive, and the outlook for the FSR remains stable.
The ratings reflect Sompo Japan's strong market presence, efficient distribution channels and ...