Moody’s improves the outlook of Japanese life insurance market

Moody’s has revised Japanese life insurers’ outlook upwards from “negative” to “stable” for the 12 to 18 upcoming months. The rating agency explained that this decision was accounted for by the market resilience to low interest rates.

Japanese insurers’ capacity to ensure customer loyalty and their asset management policy also stand among other elements that justified Moody’s decision.

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• The insurance industry in Japan