Japan Non-Life market outlook stable despite cat losses


AM Best is maintaining a stable market segment outlook on Japan's non-life insurance segment, as domestic insurers record profitable underwriting performance despite significant catastrophe losses. However, according to a new AM Best report, the recent consumption tax hike and ongoing global trade tensions could create pressure on the insurance companies operating in the country.

Am Best, Non-life Insurance, Report, Cat losses, Insurance, Reinsurance, Japan

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