Non-life, Ratings, Reinsurance

AM Best affirms Toa Re ratings as net income nearly doubles in FY2024

The Japanese reinsurer's ratings were upheld with stable outlooks after profit in fiscal 2024 rose to JPY28.5bn (US$190m) on stronger underwriting and investment income.

Ralph Martinez

September 1, 2025

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2 min read

The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August

Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August