AM Best has revised the outlook to negative from stable and affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of Bermuda-domiciled Nissan Global Reinsurance, Ltd. (NGRe).
As a single-parent captive for Nissan Motor Co., Ltd., one of the largest automakers in the world, NGRe provides Nissan a range of coverages in the United States and abroad, including but not limited to extended service contracts, product liability and inland marine.
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