Financial Overview of Life Insurers in Fiscal 2008

Kunio Ogihara 

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Life insurers were staggered by the unexpected speed and scope of the financial crisis triggered by the U.S. subprime mortgage problem. Amid plummeting asset values, companies managed to post a net profit by resorting to a reversal of internal reserves. Meanwhile, solvency concerns have not arisen as yet. Our annual financial overview examines these and other developments in fiscal 2008.

Kunio Ogihara

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