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Research Update: Toa Reinsurance Co. of America 'A+' Rating Affirmed, Off Watch; Outlook Stable Mar 12 Product Image

Research Update: Toa Reinsurance Co. of America 'A+' Rating Affirmed, Off Watch; Outlook Stable Mar 12

  • ID: 2082930
  • March 2012
  • Region: America, United States
  • Standard & Poors

Abstract
We affirmed our 'A+' rating on Toa Reinsurance Co. (TRJ) and removed it from CreditWatch Negative. We have affirmed our 'A+' rating on TRA and removed it from CreditWatch Negative because of its core status to TRJ. The stable outlook on TRA reflects the outlook on TRJ. On March 2, 2012, Standard & Poor's Ratings Services affirmed its 'A+' financial strength rating on Toa Reinsurance Co. of America (TRA) and removed it from CreditWatch Negative where it was placed Nov. 29, 2011. The outlook is stable. The rating actions on TRA reflect TRA's core status to its parent TRJ. We placed TRJ on CreditWatch Negative on Nov. 29, 2011. On Feb. 29, 2012, we affirmed our 'A+' rating on TRJ...

Companies mentioned in this report are: Toa Reinsurance Co. of America ,Toa Reinsurance Co.
Action: Affirmed
Action: Removed From CreditWatch

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.

Toa Reinsurance Co. of America ,Toa Reinsurance Co.

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