Japan-Based Secom General Outlook Revised To Positive On Strengthening Capital; 'A-' Ratings Affirmed - S&P Global Ratings’ Credit Research

Japan-Based Secom General Outlook Revised To Positive On Strengthening Capital; 'A-' Ratings Affirmed

Japan-Based Secom General Outlook Revised To Positive On Strengthening Capital; 'A-' Ratings Affirmed - S&P Global Ratings’ Credit Research
Japan-Based Secom General Outlook Revised To Positive On Strengthening Capital; 'A-' Ratings Affirmed
Published Jun 25, 2021
3 pages (1418 words) — Published Jun 25, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Secom General has accumulated retained earnings through stable profit contributions from its MEDCOM business. We believe that there is a one in three chance of Secom General significantly strengthening its capital base in the next two years. We therefore revised upward the outlooks on our financial strength and long-term issuer credit ratings to positive. At the same time, we affirmed our ratings at 'A-'. TOKYO (S&P Global Ratings) June 25, 2021--S&P Global Ratings today said that it has revised to positive from stable the outlooks on its financial strength and long-term issuer credit ratings on Japan-based insurer Secom General Insurance Co. At the same time, we affirmed our 'A-' ratings on the insurer. The outlook revision is based on our

  
Report Type:

Ratings Action

Issuer
GICS
Multi-line Insurance (40301030)
Sector
Global Issuers
Country
Region
Asia
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Japan-Based Secom General Outlook Revised To Positive On Strengthening Capital; 'A-' Ratings Affirmed" Jun 25, 2021. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Japan-Based-Secom-General-Outlook-Revised-To-Positive-On-Strengthening-Capital-A-Ratings-Affirmed-2678965>
  
APA:
S&P Global Ratings’ Credit Research. (). Japan-Based Secom General Outlook Revised To Positive On Strengthening Capital; 'A-' Ratings Affirmed Jun 25, 2021. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Japan-Based-Secom-General-Outlook-Revised-To-Positive-On-Strengthening-Capital-A-Ratings-Affirmed-2678965>
  
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