• Kyodo News


Six major nonlife insurers said Thursday their group net profits in the April-September period rose from a year earlier as insurance payments slipped below projections on a smaller-than-expected number of natural disasters.

They also reported pretax profits for the first half of fiscal 2009 after incurring losses from the global financial crisis for the whole of fiscal 2008, indicating the stabilizing of their financial performances on a stock market recovery.

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