HONG KONG, June 29 (Bernama-BUSINESS WIRE) — High common stock leverage among each of Japan’s major non-life insurers brings systematic equity price risk into greater consideration, given the current COVID-19-driven stock market volatility, according to an AM Best special report.
The Best’s Special Report, “Japan Non-Life: Robust Capitalisation to Weather Stock Market Volatility,” states that stock market volatility continues to pose the biggest challenge to the balance sheets of Japan’s major non-life insurers, given the potential losses to the asset valuations that companies may face during global stock market routs.
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