Market segment outlook : Japan non-life insurance

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      <subfield code="a">AM Best is maintaining its Stable outlook on the Japan non-life insurance segment. Key supporting factors include the following: profitable underwriting performance despite increase in claims due to heightened intensity of natural catastrophes in recent years. Business initiatives that are expected to lead to sustainable profitability amid the COVID-19 pandemic and rising freuency of natural disasters. Solid risk-adjusted capitalisation to weather potential financial market volatility.</subfield>
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