trending Market Intelligence /marketintelligence/en/news-insights/trending/PD_FuOYuNiJ-Of4ckFMHwg2 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.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Fitch affirms Tokio Marine & Nichido Fire Insurance's rating

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report


Fintech Funding Flows To Insurtech In February

Fitch affirms Tokio Marine & Nichido Fire Insurance's rating

Fitch Ratings said July 8 that it affirmed 's insurer financial strength rating at A+, with a negativeoutlook.

The insurer's rating reflects expectations that it will maintainits solid capitalization and robust franchise, the rating agency said. It addedthat the insurer's biggest weakness is its domestic equity holdings, whichcomprised 11% of its assets as of the end of March.

Fitch said an upgrade of the insurer's rating is unlikely inthe near future as the rating is constrained by Japan's long-term issuerdefault rating.

Conversely, the company's rating could be downgraded ifJapan's rating is downgraded. A downgrade could also result from an erosion ofcapitalization, deterioration in the insurer's net leverage to above 4x, or anunexpected surge in the combined ratio.

A decline in the consolidated solvency margin ratio of theinsurer's parent company, TokioMarine Holdings Inc., to below 600% may also trigger a downgrade inTokio Marine & Nichido Fire Insurance's ratings.