5 of 6 top nonlife insurers see drops in FY 2006 profits

5 of 6 top nonlife insurers see drops in FY 2006 profits

TOKYO, Japan - Millea Holdings Inc. Executive Director Tomohiro Kotani (C) speaks at a press conference about the company's business results for fiscal 2006. Five of Japan's six major nonlife insurers saw their net profits decline in fiscal 2006 due to increased insurance payments following a powerful typhoon and risings costs to deal with their nonpayment of legitimate insurance claims.

  • Product Code
  • ILEA001122856
  • Registered date
  • 2007/5/23 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2007 Kyodo News
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