Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

S&P: Japanese Life Insurance Industry Stagnant

Your article was successfully shared with the contacts you provided.

NU Online News Service, Nov. 8, 12:20 p.m. – Japanese life insurers are reporting stagnant earnings for the third quarter because of continuing declines in premiums and business volume from individual life products, according to Standard and Poor’s, Tokyo.

Total premium revenue for the third quarter was down 5% from the third quarter of 2000, and business volume fell by 2%, S&P says.

Most of the major domestic life insurers continue to suffer, due to low interest rates, a weak domeatic stock market, poor earnings, intensifying competition, and accelerating industry consolidation, S&P reports.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.