News

Japan P&I Club is rated A- by AM Best

23 December 2024

To the Members


The Association is pleased to report that AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to the Association. The outlook assigned to these Credit Ratings is stable.

 

These ratings reflect the Association’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

 

This excellent rating underscores the Association's strong capital position, prudent underwriting practices, and effective risk management strategies.

 

More details can be found on the AM Best website here.

 

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.

 

“Best's Rating Reports reproduced on this site appear under licence from A.M. Best Company and do not constitute, either expressly or implicitly, an endorsement of (Rated Entity)'s products or services. Best's Rating Reports are the copyright of A.M. Best Company and may not be reproduced or distributed without the express written consent of A.M. Best Company. Visitors to this website are authorised to print a single copy of the rating report displayed here for their own use. Any other printing, copying or distribution is strictly prohibited.”

 

“Best's ratings are under continual review and subject to change or affirmation. To confirm the current rating visit www.ambest.com.”