Summary: NN Life Insurance Co. Ltd. - S&P Global Ratings’ Credit Research

Summary: NN Life Insurance Co. Ltd.

Summary: NN Life Insurance Co. Ltd. - S&P Global Ratings’ Credit Research
Summary: NN Life Insurance Co. Ltd.
Published Jul 07, 2017
4 pages (1185 words) — Published Jul 07, 2017
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Intermediate industry and country risk reflecting business concentration in Japan's life insurance market Good position in the corporate-owned life insurance market Dependence on third-party distribution channels Moderately strong capital and earnings supported by moderately strong capital adequacy Limited risk from a closed block variable annuity portfolio because minimum guarantee risk is ceded to NN Re High-quality fixed-income investments Likelihood of financial support from parent Moderately strategic group status within NN Group Satisfactory management and governance Adequate enterprise risk management (ERM) implemented in accordance with the group's guidelines The stable outlook on Japan-based NN Life Insurance Co. Ltd. (NN Life Japan) reflects that on the core subsidiaries of Netherlands-based NN Group. The outlook also reflects S&P Global Ratings' view that NN

  
Brief Excerpt:

...Intermediate industry and country risk reflecting business concentration in Japan's life insurance market...

  
Report Type:

Summary

Ticker
0029@JP
Issuer
NN Life Insurance Co. Ltd.
GICS
Life & Health Insurance (40301020)
Sector
Global Issuers
Country
Japan
Region
Europe, Middle East, Africa
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: NN Life Insurance Co. Ltd." Jul 07, 2017. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-NN-Life-Insurance-Co-Ltd-1879383>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: NN Life Insurance Co. Ltd. Jul 07, 2017. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-NN-Life-Insurance-Co-Ltd-1879383>
  
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