Tokio Marine Newa Insurance Co. Ltd. - S&P Global Ratings’ Credit Research

Tokio Marine Newa Insurance Co. Ltd.

Tokio Marine Newa Insurance Co. Ltd. - S&P Global Ratings’ Credit Research
Tokio Marine Newa Insurance Co. Ltd.
Published Jan 16, 2014
3360 words — Published Jan 16, 2014
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Intermediate industry and country risk assessment of Taiwan's property and casualty (P&C) industry. Benefits from brand association with the stronger parent insurance group, which is led by Japan-based Tokio Marine&Nichido Fire Insurance Co. Ltd. High level of controlled distribution channels benefiting from its direct tied agents. Good underwriting performance. Extremely strong capital adequacy relative to its risk profile, counterbalanced by its small capital scale. Satisfactory investment diversification. Rising foreign exchange exposures due to increasingly unhedged foreign investments. Adequate access to capital markets, despite no particular needs given the insurer's extremely strong capital adequacy. Satisfactory management and strategy in Taiwan's competitive insurance sector. Adequate enterprise risk management. Exceptional liquidity due to its satisfactory cash level on hand and no

  
Brief Excerpt:

RESEARCH Tokio Marine Newa Insurance Co. Ltd. Publication date: 16-Jan-2014 Primary Credit Analyst: Serene Y Hsieh, CPA, FRM, Taipei (8862) 8722-5820; serene.hsieh@taiwanratings.com.tw Secondary Contact: Eva Chou, Taipei (8862) 8722-5822;...

  
Report Type:

Full Report

Ticker
8766@JP
Issuer
Tokio Marine Newa Insurance Co. Ltd.
GICS
Property & Casualty Insurance (40301040)
Sector
Global Issuers
Country
Taiwan
Region
Emerging Markets
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Tokio Marine Newa Insurance Co. Ltd." Jan 16, 2014. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Tokio-Marine-Newa-Insurance-Co-Ltd-1244047>
  
APA:
S&P Global Ratings’ Credit Research. (). Tokio Marine Newa Insurance Co. Ltd. Jan 16, 2014. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Tokio-Marine-Newa-Insurance-Co-Ltd-1244047>
  
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