The Archive · 1940

Japan Reinsurance

Tokyo, Aug, The Japan Reinsurance Corporation will begin business on September: I the press reports, statinye that Japa ese Insurance firms fear the suspen sion of the London reinsurance market in the near future, The new system, for a start, will function ority in the fields of fire and. maritime insurance, but will later be extended to cover aviation risk, too The maximum amount of insuran be underwritten by che new concern will be fixed according to the nature of the shipping lines, the axe of their" vessels and the character of the shipping companies involved, All reinsurance exceeding the maximum Will be covered by. American of the Japan Re-Insurance" Corporation expect that their firm will be able to cover 30 foreign forces are of no avail from small Japan had wanted to take the Set-Hement and. the French Concessiot 3s many think she should have 40 per cent, of the amount hitherrs underwritten ly: London—Hawas,

Text read from the printed page and cleaned; old type leaves the occasional error.

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