Thursday, May 10, 2012

TEXT-S&P summary: Toa Reinsurance Co.

Toa Re has been pursuing stable profitability in the domestic non-life
reinsurance businesses by focusing on noncatastrophe proportional reinsurance.
It has also strengthened new business areas, such as life reinsurance,
cooperative reinsurance, and overseas reinsurance, to offset declining premium
income from its domestic non-life reinsurance segment as part of its business
strategy. Such efforts have paid off and net premiums written in fiscal 2010
increased 12.3% from fiscal 2005.

Source: http://feeds.reuters.com/~r/reuters/financialsNews/~3/0ccfZpqDBD0/idUSWLA780820120510

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