Country Profile – Japan : General insurance industry: Tried, tested and still robust
Source: Asia Insurance Review | Feb 2012
Non-life insurers are looking to pay a total of US$15.5 billion for the Great East Japan Earthquake (Earthquake Insurance on Dwelling Risks) but the sector is still financially sound despite this monumental event. We speak with Mr Yasushi Kuriyama of the General Insurance Association of Japan, who shares with us some of the thoughts of the industry and the support they got from the regulator and the public. He also dwells on the effectiveness of the Japanese Earthquake Reinsurance scheme and that it only needs to be enhanced, not changed drastically.
Archived articles are available to Magazine subscribers only.
For Full Access to
the magazine
SUBSCRIBE here.