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Insurers report premium growth despite nat cat loses


U.S.-based Moody's Corp. said that Japan's top three property/casualty insurers reported solid premium growth, profitability and capitalization in the financial year ended March, despite natural catastrophe losses, Asia Insurance Review reports. However, the results do not fully capture the impact of the coronavirus outbreak on the insurers, MS&AD Insurance Group Holdings Inc., Sompo Holdings Inc. and Tokio Marine Holdings Inc.

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