Fitch Ratings has revised the outlook on Mitsui Sumitomo Insurance's (MSI) Insurer Financial Strength (IFS) Rating and Long-Term Issuer Default Rating (IDR) to 'Stable' from 'Negative'.
At the same time, the global credit rating agency has affirmed the IFS Rating at 'A+' (Strong), and IDR at 'A'. Fitch has simultaneously affirmed the rating on MSI's US dollar subordinated debt at 'A-'.