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A.M. Best Affirms Ratings of Toyota Motor Insurance Company

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Toyota Motor Insurance Company (TMIC) (Cedar Rapids, IA). The outlook for both ratings is stable. The ratings reflect TMIC’s excellent risk-adjusted capitalization, underwriting income and overall earnings. Additionally, TMIC produces strong cash flows while maintaining liquidity and leverage metrics that outperform the industry composite. TMIC also benefi

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