trending Market Intelligence /marketintelligence/en/news-insights/trending/otmrffww0blnvcy-m0uddw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Fitch affirms Nippon Life's ratings

Street Talk Episode 51 - Goldman Talks Libor Transition, Recent SOFR Volatility

#ChangePays: Although Still Underrepresented, Women in the C-Suite are Driving Profitability

Cable Nets For Kids Enjoy Wide Carriage On Skinny Bundles

Energy

Power Forecast Briefing: Fleet Transformation, Under-Powered Markets, and Green Energy in 2018


Fitch affirms Nippon Life's ratings

Fitch Ratings affirmed Nippon Life Insurance Co.'s insurer financial strengthrating at A and its long-term issuer default rating at A.

The rating outlook is negative, the rating agency said Oct.7.

The ratings affirmation reflects Nippon Life's strongbusiness profile in Japan, sufficient capital, low financial leverage andstable profit margin.

Fitch does not believe a ratings upgrade is likely in thenear future as the company's insurer financial strength rating is on par withJapan's long-term local currency issuer default rating. On the other hand,Fitch may downgrade the ratings if there is a downgrade of Japan's rating or ifthere is a significant drop in Nippon Life's capital buffer. A decline inprofitability may also trigger a downgrade.