Powerful and unusual hailstorm dents Japan’s ‘big three’ Q1 results

August 11 2022 by
Tokio Marine Sompo Tokio Marine

Japan’s big three insurers reported lower profits during the fiscal first quarter due to losses from a hailstorm in Sendai in June.

In total, MS&AD, Tokio Marine and Sompo incurred losses of ¥8...

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