News Non-Life03 Jun 2020

Japan:3 major insurers remain profitable in FY2019 despite Nat CAT losses

03 Jun 2020

The financial results for Japan's top three property and casualty (P&C) insurers for the fiscal year ended March 2020 (FY2019) suggest solid premium growth, profitability and capitalisation despite Nat CAT losses, although these results do not fully capture the broad impact from the coronavirus outbreak, states Moody's Japan.

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