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AM Best affirms Sompo Japan Insurance's rating

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Magazine Issue: 
Covid-19, the real big crash test for insurers [3]
Magazine date: 
Jul 2023

Sompo Japan InsuranceAM Best has confirmed the "A+" (Superior) financial strength and "aa-" long-term credit ratings of Sompo Japan Insurance and its subsidiaries. The outlook for these ratings is stable.

This decision reflects the company's strong balance sheet and operating performance, its favorable business profile and its appropriate management of business risks.

AM Best [4] also expects Sompo Japan Insurance to maintain good profitability, particularly through the development of new growth strategies.

Fri, 29/09/2023 - 09:07

Source URL: https://www.atlas-mag.net/en/category/pays/japon/am-best-affirms-sompo-japan-insurance-s-rating

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-203-july-2023
[4] https://www.atlas-mag.net/en/article/am-best-rating-scale