Nippon Life's solvency margin falls in fiscal 1st half

Nippon Life's solvency margin falls in fiscal 1st half

TOKYO, Japan - Nippon Life Insurance Co. Vice President Mitsuhiro Ishisbashi (C) speaks on interim earnings results at a news conference in Tokyo on Nov. 26. He said his company's solvency margin ratio, a key gauge of an insurer's ability to pay policyholders, stood at 632.0% as of Sept. 30, down from 714.4% as of March 31. (Kyodo)

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