Wednesday, 26 March 2014

Snowstorm payments to reach Y100 billion

Nonlife insurance payments related to February's snowstorms, which mainly hit the Kanto and Koshin regions, are expected to top ¥100 billion, according to industry sources.

Payments by Tokio Marine & Nichido Fire Insurance Co. total ¥31.7 billion, based on data available as of Tuesday, its parent, Tokio Marine Holdings Inc., said Monday.
Source: The Japan News

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