US EditionAM Best maintains stable outlook for Japan’s non-life insurance sector amid structural improvements
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AM Best maintains stable outlook for Japan’s non-life insurance sector amid structural improvements
AM Best, the credit rating agency, is maintaining its stable outlook for Japan’s non-life insurance industry, reflecting improved underwriting fundamentals, especially in the fire insurance segment, and the positive impact of stronger regulatory oversight. The Financial Services Agency (FSA) has taken a more assertive stance over the past 18 months, focusing on industry conduct and governance standards. Recent measures have targeted agency netwo…
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