Toa Re downgraded by S&P amid continued fears over Covid-19 claims impacts

Japanese reinsurer Toa Re has had its financial strength rating downgraded by S&P Global Ratings amid fears that its deteriorating performance is “unlikely to recover quickly”.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com

      Reinsurance
      Rating actions