26.02.2015 04:32:00
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Tokio Marine & Nichido Fire Insurance Co -- Moody's: Tokio Marine's limited exposure to JGBs and geographical diversification justify rating above sovereign
Tokyo, February 26, 2015 -- In a report released today, Moody's Japan K.K explains the rationale behind Tokio Marine & Nichido Fire Insurance Co., Ltd. (Tokio Marine)'s Aa3 insurance financial strength rating, which following its confirmation on February 3, is currently the only financial institution in Japan that is rated higher than the Japanese sovereign rating.