Wednesday, February 25, 2026

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AM Best affirms rating of Sony captive 

AM Besthas affirmed the financial strength rating of A (excellent) and the long-term issuer credit rating of “a+” (excellent) of Bermuda-domiciled PMG Assurance. The outlook of these credit ratings is stable. 

PMG Assurance is the single parent of captive of Sony Group Corporation and writes commercial property, marine, directors and officers, cyber risk and previously employee benefits insurance for Sony and its affiliates.

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