News Non-Life04 Nov 2019

Japan:Sompo Japan to be first major insurer to pay same-day compensation for flood

04 Nov 2019

Sompo Japan Nipponkoa Insurance plans to introduce, by the end of March 2020 at the earliest, a flood insurance policy for businesses that pays out the same day that sensors detect a specified degree of flooding. This move is the first by a major Japanese insurer to promise payouts on the day of a disaster.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 
Error : Object reference not set to an instance of an object.

Recent Comments

Other News


Follow Asia Insurance Review