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Moody's Strengthens Japan's P&C Outlook

Posted on Jul 12, 2012 by Sergio Ulloa ()

Moody's Japan K.K., a Japanese based ratings agency, recently upped the outlook of Japan's property & casualty insurance industry from negative to stable. The established ratings company predicts that ongoing restructurings within the industry will lead to increased earnings within the next year or two. Last year, according to Swiss Re sigma data, Japanese non-life insurers earned a 2.8 percent growth in premiums at USD131 billion, while life insurers earned a 6.5 percent increase in premiums at USD525 billion. See the full article here.
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