HONG KONG, Aug 19 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” of Sompo Japan Nipponkoa Insurance Inc. (SJNK) (Japan). The outlook of these Credit Ratings (ratings) is stable.
AM Bestalsohas affirmed the FSR of A+ (Superior) and the Long-Term ICR of “aa-” of the operating subsidiaries of Sompo International Holdings Ltd. (SIH) (Pembroke, Bermuda). Concurrently, AM Best has affirmed the Long-Term ICR of “a” of SIH, an intermediate holding company for this group. Also, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IRs) of “a-” which are guaranteed by SIH. The outlook of all of these Credit Ratings (ratings) is stable. (See below for a detailed list of companies and Long-Term IRs.)