Published on Atlas Magazine (https://www.atlas-mag.net)

Home > Printer-friendly

Towards a 10% increase in fire rates in Japan

Tweet [1] [2]
Magazine Issue: 
Atlas Magazine N°211, May 2024 [3]
Magazine date: 
May 2024

fire rates in JapanAccording to sources, four Japanese non-life insurers are reportedly set to increase fire policy rates by 10% in October 2024.

The rising number of claims and the high repair costs are some of the factors believed to be driving insurers to revise their fire premium rates upwards.

The companies in question are Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance, Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance.


Read also | Japan earthquake: claims cost [4]

Fri, 10/05/2024 - 12:01

Source URL: https://www.atlas-mag.net/en/category/pays/japon/towards-a-10-increase-in-fire-rates-in-japan

Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Fcategory%2Fpays%2Fjapon%2Ftowards-a-10-increase-in-fire-rates-in-japan&text=Towards+a+10%25+increase+in+fire+rates+in+Japan
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Fcategory%2Fpays%2Fjapon%2Ftowards-a-10-increase-in-fire-rates-in-japan&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-211-may-2024
[4] https://www.atlas-mag.net/en/category/pays/japon/japan-earthquake-claims-cost