Japan

Sompo Japan expands presence in Brazil

Japanese general insurer Sompo Japan has raised its stake in Sao Paulo-based Maritima Seguros to 87% from 50% through its subsidiary Yasuda Seguros.

Japan's insurers see motor market recovery

Japan's motor market, which makes up 50% of general insurers' premiums, has seen a recovery in its underwriting profits to the end of the fiscal year March 2013.

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