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S&P announces rating actions on Tokio Marine, Nippon Life.

Publication: Japan Weekly Monitor
Publication Date: 03-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Nov. 28 Kyodo

Standard & Poor's Corp. (S&P) announced rating actions Wednesday on Tokio Marine & Fire Insurance Co. and Nippon Life Insurance Co. following the downgrade of its long-term sovereign ratings on Japan earlier in the day.

The U.S. rating agency said it has lowered its insurer...

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