Standard & Poor’s Ratings Services announced from its office in Tokyo that it has withdrawn “its ‘A+’ financial strength rating on Nissay Dowa General Insurance Co. Ltd. (U.S. branch), and ‘A-1’ issue credit rating on Nissay Dowa General Insurance Co. Ltd.’s (A+/Stable/A-1) ¥20 billion domestic CP program.”
S&P said it had taken the ratings action “upon the request of the company.”
Was this article valuable?
Here are more articles you may enjoy.
A Little Behind Schedule, But Execs Say Sypher Insurance is on Track for May Debut 
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance 
Meta Loses Insurance for Defense in Major Social Media Addiction Litigation 
US Senate Votes to Fund Most of Homeland Security After Shutdown Disrupts Airports 
