Moody's has said that its downgrade today (24 August) of the Japan Government Bond (JGB) rating to Aa3 from Aa2 will not directly affect the Aa insurance financial strength (IFS) ratings of three Japanese P&C insurers.
Moody's has said that its downgrade today (24 August) of the Japan Government Bond (JGB) rating to Aa3 from Aa2 will not directly affect the Aa insurance financial strength (IFS) ratings of three Japanese P&C insurers.