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

Agency Warms Up To Japan

Your article was successfully shared with the contacts you provided.

Standard & Poor’s Ratings Services is revising its outlook for 4 Japanese life insurers and 2 property-casualty insurers to positive, from stable.

Deflation is easing in Japan, the banks have resolved their bad-loan problems, and the Japanese economy is growing faster, according to analysts at Standard & Poor’s, New York.

But the S&P analysts note that they still have concerns about Japan’s budget deficits and uncertainty about the leadership of the Liberal Democratic Party.

The companies with the new, more optimistic outlooks are Tokio Marine & Nichido Life Insurance Co. Ltd., Mitsui Sumitomo Kirameki Life Insurance Co. Ltd., AXA Life Insurance Company and MassMutual Life Insurance Company. All are based in Tokyo.


© 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.