Tokyo: AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of 'aa+' (Superior) for Tokio Marine and Nichido Fire Insurance Co., Ltd. (TMNF) and its subsidiaries. The outlook on these ratings remains stable.

According to BERNAMA News Agency, these ratings reflect TMNF's robust balance sheet strength, which AM Best assesses as the strongest. The rating agency also notes the company's strong operating performance, favourable business profile, and very strong enterprise risk management.