HONG KONG, July 22 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating (FSR) of A+
(Superior) and the issuer credit rating (ICR) of “aa-” of Sompo Japan
Nipponkoa Insurance Inc. (SJNK) (Japan). A.M. Best also has affirmed
the FSR of A- (Excellent) and the ICR of “a-” of SJNK’s subsidiary, NIPPONKOA
Insurance Company (China) Limited (NKC) (China). The outlook for each
rating remains stable. Concurrently, A.M. Best has affirmed the FSR of A+
(Superior) and the ICRs of “aa-” of Sompo Japan Insurance Company of
America (SJA) and its reinsured affiliate, Sompo Japan Fire
and Marine Insurance Company of America(SJFM), collectively known as Sompo
Japan US Group (both domiciled in New York, NY). The outlook for each of these
ratings remains stable. Additionally, A.M. Best has revised the outlooks to
negative from stable and affirmed the FSR of A- (Excellent) and the ICR of “a-”
of Canopius US Insurance, Inc. (Canopius US) (Wilmington DE).
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