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Best’s News & Research Service subscription required - November 19, 2019 02:16 PM (EST)

Sompo Lowers 2019 Profit Forecast on Higher Domestic Cat Losses

Sompo Holdings Inc. has lowered its net income forecast by ¥50 billion to ¥118 billion (US$1.08 billion) for the 2019 fiscal year after increasing estimates for catastrophes and reserves. . . .

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