26.01.2015 08:45:00

Mitsui Sumitomo Insurance Co., Ltd. -- Moody's: Japanese P&C insurance outlook stable, underwriting results continue to improve

Tokyo, January 26, 2015 -- Moody's Japan K.K. says its outlook for the Japanese property and casualty (P&C) insurance industry is stable, because of 1) improved underwriting profitability mainly due to ongoing auto insurance repricing 2) expected improvement in cost efficiency through group reorganization and 3) improving capitalization and risk reduction efforts.

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