Close Close
ThinkAdvisor

Life Health > Life Insurance

S&P See Japanese Life Industry Stagnating

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Sept. 20, 3:00 p.m. – Standard & Poor’s, Tokyo, says Japan’s life insurance industry will post weak net business growth and poor earnings through the year, citing weak investment returns and stagnant growth in the rest of the economy. Intensifying competition with international insurers over market share, together with the government’s persistent low-interest policy, is putting pressure on the profitability of Japanese life insurers, the rating agency adds.