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A.M. Best Affirms Ratings of The Toa Reinsurance Company Limited and The Toa Reinsurance Company of America

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HONG KONG--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of A+ (Superior) and the issuer credit ratings of “aa-” of The Toa Reinsurance Company Limited (Toa Re) (Japan) and its subsidiary, The Toa Reinsurance Company of America (TRA) (headquartered in Morristown, NJ). The outlook for all ratings is stable. The ratings reflect Toa Re’s solid risk-adjusted capitalization, improvement in profitability and its strong business profile in Japan. Toa Re maintains solid risk-bas

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