HONG KONG, May 29 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa" of Mitsui Sumitomo Insurance Company, Limited (MSI) and Aioi Nissay Dowa Insurance Company Limited (ADI) (both domiciled in Japan). A.M. Best also has affirmed the FSR of A- (Excellent) and the Long-Term ICR of "a-" of ADI's subsidiary, Aioi Nissay Dowa Insurance (China) Company Limited (ADIC) (China). The outlook for each of these Credit Ratings (ratings) is stable.
Concurrently, A.M. Best has affirmed the FSR of A (Superior) and the Long-Term ICRs of "aa" of Mitsui Sumitomo Insurance Company of America (MSIA), Mitsui Sumitomo Insurance USA Inc. (MSU) and Aioi Nissay Dowa Insurance Company of America (ADIA). The outlook of these ratings is stable. All of these companies are domiciled in New York, NY and are direct subsidiaries of MSIG Holdings (Americas), Inc. The aforementioned companies are owned ultimately by MS&AD Insurance Group Holdings, Inc. (MS&AD), a major insurance group based in Japan.
Concurrently, A.M. Best has affirmed the FSR of A (Superior) and the Long-Term ICRs of "aa" of Mitsui Sumitomo Insurance Company of America (MSIA), Mitsui Sumitomo Insurance USA Inc. (MSU) and Aioi Nissay Dowa Insurance Company of America (ADIA). The outlook of these ratings is stable. All of these companies are domiciled in New York, NY and are direct subsidiaries of MSIG Holdings (Americas), Inc. The aforementioned companies are owned ultimately by MS&AD Insurance Group Holdings, Inc. (MS&AD), a major insurance group based in Japan.
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