Wednesday, June 28, 2017

A.M. BEST ASSIGNS CREDIT RATINGS TO PT ASURANSI TOKIO MARINE INDONESIA

SINGAPORE, June 28 (Bernama-BUSINESS WIRE) -- A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to PT Asuransi Tokio Marine Indonesia (TMI) (Indonesia). The outlook assigned to these Credit Ratings (ratings) is stable.

The ratings reflect TMI’s strong risk-adjusted capitalization and good underwriting performance. The ratings also recognize the implicit and explicit support provided by the company’s ultimate parent, Tokio Marine Holdings, Inc., of which the main operating entity is Tokio Marine & Nichido Fire Insurance Co., Ltd.

http://mrem.bernama.com/viewsm.php?idm=29454

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