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Article: A.M. Best Affirms Rating of Tokio Marine & Fire.
- Article from:
- Business Wire
- Article date:
- May 21, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
OLDWICK, N.J.--(BUSINESS WIRE)--May 21, 2001
A.M. Best Co. has affirmed the A++ (Superior) financial strength rating of The Tokio Marine & Fire Insurance Company, Ltd., Tokyo, and its U.S. branch in New York, New York. The company has been assigned a financial size category of XV.
The rating reflects the company's superior capitalization, strong market leadership and diversified strategies for competing in a deregulated and highly competitive financial services marketplace. It also recognizes Tokio Marine's innovative product development, cost efficient operations, excellent claims servicing capabilities and strong agent and ...