trending Market Intelligence /marketintelligence/en/news-insights/trending/GJ-8Eaeq6DQ16KH-RBqozw2 content esgSubNav
In This List

Fitch assigns 1st-time rating to Japan's FWD Fuji Life

Blog

The Big Picture 2022 Insurance Industry Outlook

Podcast

Next in Tech | Episode 37: Insurance impacts on technology and vice versa

Case Study

A Prestigious Global Business School Gains a Competitive Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage


Fitch assigns 1st-time rating to Japan's FWD Fuji Life

Fitch Ratings assigned Japan-based FWD Fuji Life Insurance Co. Ltd. an insurer financial strength rating of BBB+, with a stable outlook.

The rating agency said the IFS rating reflects the insurer's good capital adequacy, conservative asset mix and good business profile. It also reflects the company's moderately weak financial performance and sizable interest rate risk from duration mismatch between assets and liabilities.

Fitch, however, expects FWD Fuji Life's duration mismatch to narrow in the next several years, owing to the continuous rapid growth of the company's shorter-duration insurance products.