(Update) Japanese Fire Insurance Fees to Rise 10 Pct in Oct.
Tokyo, May 8 (Jiji Press)--Four major Japanese nonlife insurance companies will raise fire insurance premiums by an average of some 10 pct nationwide in October, people familiar with the matter said Wednesday.
The companies will raise the premiums for the first time in two years as they face rising insurance payouts due to increasingly severe natural disasters and higher costs for house repairs.
(2024/05/08-19:27)
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