HONG KONG, Jan 23 (Bernama-BUSINESS WIRE) -- A.M. Best has
revised the outlooks to positive from stable and affirmed the Financial
Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating
(Long-Term ICR) of “a-” of Nippon Life Insurance Company
of America (NLB) (Des Moines, Iowa, USA). Concurrently,
A.M. Best has affirmed the FSR of A+ (Superior) and the Long-Term ICR of “aa-”
of its parent, Nippon Life Insurance Company (Nissay)
(Japan). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Nissay’s robust risk-adjusted capitalization, sound business profile and favorable operating results.
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