Stable outlook for Japanese insurance sector, but negative for banks – Moody’s

Moody’s Japan K.K. has issued a stable outlook for 2020 for Japanese insurers. The ratings agency said life and P&C insurers show solid profit and strong capitalisation, despite challenges. In contrast, Moody’s issued a negative outlook for Japanese banks and securities companies due to the ultra-low interest rates in Japan, and ageing and shrinking population. Moody’s said the extremely accommodative…

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