COVID-19 will strain Japanese insurers' profitability in 2020, warns Moody's

02-06-2020

Japanese insurers Mitsui Sumitomo Insurance, Sompo Japan Insurance, Tokio Marine remained profitable in the fiscal year 2019 despite recording high levels of natural catastrophes. However, Fitch expects the coronavirus pandemic to weigh on their profitability in 2020.


Moody's, Mitsui Sumitomo Insurance, Sompo Japan Insurance, Coronavirus, Insurance, Reinsurance, Catastrophe, Property & Casualty, 2020 Results, Asia

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