Nonlife insurers punish execs over failures to pay benefits

Nonlife insurers punish execs over failures to pay benefits

TOKYO, Japan - Nipponkoa Insurance Co. Chairman Ken Matsuzawa (C), President Makoto Hyodo (2nd R), and other Nipponkoa executives bow in apology at a news conference in Tokyo on April 13 where the insurer said it will punish senior executives over failure to pay due insurance benefits. Matsuzawa will take a 50 percent executive pay cut over six months and Hyodo 30 percent, starting in May. (Kyodo)

  • Product Code
  • ILEA000035814
  • Registered date
  • 2007/4/13 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • Media size
  • 1580 × 1228 pixel
  • Resolution
  • 72 dpi
  • Deployment size
  • 291.29(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos