Beijing: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of 'a' (Excellent) for The Tokio Marine and Nichido Fire Insurance Company (China) Limited (TMNCH) (China). The outlook for these credit ratings is stable.

According to BERNAMA News Agency, the ratings reflect TMNCH's balance sheet strength, which AM Best assesses as very strong, along with its strong operating performance, limited business profile, and appropriate enterprise risk management. The ratings also take into account support from its parent company, Tokio Marine and Nichido Fire Insurance Co., Ltd. (TMNF), a primary insurance operating entity under Tokio Marine Holdings, Inc.