A.M. Best Affirms and Assigns Ratings to Sompo Japan Insurance Company of America and Sompo Japan Fire and Marine Insurance Company of America.OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating (FSR (Free System Resource) In Windows 3.x, the amount of unused memory in various 64K blocks reserved for managing current applications. Every open window takes some space in this area. See Windows memory limitation. ) of A (Excellent) and assigned an issuer credit rating (ICR (Intelligent Character Recognition or Image Character Recognition) The machine recognition of hand-printed characters as well as machine printing that is difficult to recognize. ) of "a" to Sompo Japan Insurance Sompo Japan Insurance Inc. (株式会社損害保険ジャパン Company of America (SJA SJA St. John Ambulance SJA Staff Judge Advocate SJA St. Johnsbury Academy SJA Safe Job Analysis (hazardous workplaces) SJA Saint James Academy (Malabon, Philippines) SJA synthetic jet actuator ) (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY). Concurrently, A.M. Best has affirmed the FSR of A- (Excellent) and assigned an ICR of "a-" to Sompo Japan Fire and Marine Insurance Company of America (SJFM) (New York, NY). The outlook for all ratings is stable. The ratings for SJA reflect its excellent capitalization, continued parental support and improving operating results. The ratings for SJFM reflect its extremely low underwriting leverage and the challenges inherent in entering the historically volatile California workers' compensation market. Both SJA and SJFM benefit from their affiliation with Sompo Japan Insurance, Inc (Tokyo, Japan), one of the largest property/casualty insurers in Japan. For Best's Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings. Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com. |
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