All 3 Major Nonlife Insurers Log Net Profits in April-Sept.
Tokyo, Nov. 17 (Jiji Press)--All three major nonlife insurance companies in Japan reported on Friday group net profits in April-September thanks to relatively low insurance payouts related to natural disasters in the country.
Of the three, Sompo Holdings Inc. was the only one that suffered an insurance revenue drop, hurt by the impact of automobile insurance fraud at used car dealer Bigmotor Co.
(2023/11/17-23:16)
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