A.M. Best Comments on Ratings of Tokio Millennium Re AG

  A.M. Best Comments on Ratings of Tokio Millennium Re AG

Business Wire

OLDWICK, N.J. -- November 13, 2013

A.M. Best Co. has commented that the financial strength rating of A++
(Superior) and issuer credit rating of “aa+” of Tokio Millennium Re AG (TMR)
(Switzerland) are unchanged following the completed re-domestication to
Switzerland from Hamilton, Bermuda.

TMR is a wholly owned subsidiary of Tokio Marine & Nichido Fire Insurance Co.,
Ltd. (TMNF), which is the main trading subsidiary of Tokio Marine Holdings,
Inc. (Tokio Marine Group). Both companies are domiciled in Tokyo, Japan.

The methodology used in determining these ratings is Best’s Credit Rating
Methodology, which provides a comprehensive explanation of A.M. Best’s rating
process and contains the different rating criteria employed in the rating
process. Best’s Credit Rating Methodology can be found at

A.M. Best Company is the world's oldest and most authoritative insurance
rating and information source. For more information, visit www.ambest.com.

       Copyright © 2013 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.


A.M. Best Co.
Nick Dranchak, 908-439-2200, ext. 5629
Senior Financial Analyst
Robert DeRose, 908-439-2200, ext. 5453
Vice President
Rachelle Morrow, 908-439-2200, ext. 5378
Senior Manager, Public Relations
Jim Peavy, 908-439-2200, ext. 5644
Assistant Vice President, Public Relations
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