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 *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Fitch affirms Nippon Life's ratings

IFRS 9: Time is Running Out for Insurance Companies to Comply

5 Quant Research Traps to Avoid

Wind Power by the Numbers: U.S., Canada and Mexico

Measuring The Wireline Digital Divide In The US


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.