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 www.ambest.com/ratings/methodology. 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. Contact: A.M. Best Co. Nick Dranchak, 908-439-2200, ext. 5629 Senior Financial Analyst firstname.lastname@example.org or Robert DeRose, 908-439-2200, ext. 5453 Vice President email@example.com or Rachelle Morrow, 908-439-2200, ext. 5378 Senior Manager, Public Relations firstname.lastname@example.org or Jim Peavy, 908-439-2200, ext. 5644 Assistant Vice President, Public Relations email@example.com
A.M. Best Comments on Ratings of Tokio Millennium Re AG
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