Toa Re finds strength in diversifying
Source: Asia Insurance Review | Aug 2013
The past two years had not been easy for Toa Re as it took a hit from major catastrophes in Asia, incurring a net insured loss of approximately JPY75.2 billion (US$749.8 million) from the Thai floods alone. But thanks to such efforts as cutting its CAT property business and diversifying its portfolio, the company has restored its strong business profile, says President & Chief Executive Tomoatsu Noguchi.
By Manuelita Contreras
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