Japan Orders 4 Non-Life Insurers to End Anti-Competitive Business Practices ...Middle East

TOP world News today - News
Japan Orders 4 Non-Life Insurers to End Anti-Competitive Business Practices
Japan ordered four major non-life insurance companies to improve business practices in connection with anti-competitive activity that aimed to keep premiums high, Finance Minister Shunichi Suzuki said on Tuesday. The order was issued to Aioi Nissay Dowa Insurance, Sompo Japan Insurance, Tokio Marine & Nichido and Mitsui Sumitomo Insurance, Suzuki said. The four had been asked to report to the regulator on whether they engaged in prior consultations with each other when preparing contracts for clients, domestic media have reported. Statements from the four insurers said they take the government order seriously and will work to restore trust. “With this order, we urged them to make it clear

Hence then, the article about japan orders 4 non life insurers to end anti competitive business practices was published today ( ) and is available on TOP world News today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Japan Orders 4 Non-Life Insurers to End Anti-Competitive Business Practices )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News


Latest News