AM Best upgrades PURE after Tokio Marine keep-well deal and recapitalisation

The two operating units of high net worth-focused PURE Group of Insurance Companies have had their financial strength (FSR) and long-term issuer credit ratings (ICRs) upgraded by AM Best after they secured additional financial support from ultimate parent Tokio Marine & Nichido Fire Insurance Co Ltd (TMNF).

 

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      AM Best
      High net worth
      Rating actions
      Tokio Marine