Underwriting risk in non-life and short-term, low-amount insurance from changes in economic conditions and claims frequency
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2024.
1 other company's latest entry also says "Restated".
- FY2024RestatedAnnual report
「If economic conditions, insurance loss ratios or other factors assumed when setting premiums fluctuate contrary to those assumptions, the Group’s operating results and financial condition could be affected.」
経済情勢及び保険事故発生率等の想定と実績の乖離による引受リスクを再掲している。 - FY2023RestatedAnnual report
「If economic conditions, insurance loss ratios or other factors assumed when setting premiums fluctuate contrary to those assumptions, the Group’s operating results and financial condition could be affected.」
経済情勢及び保険事故発生率等の想定と実績の乖離による引受リスクを再掲している。 - FY2020First statedAnnual report
「If economic conditions, insurance loss ratios or other factors assumed when setting premiums fluctuate contrary to those assumptions, the Group’s operating results and financial condition could be affected.」
The company identifies underwriting risk in property and casualty and small-amount and short-term insurance arising from deviations between assumptions about economic conditions and claim frequencies used in setting premiums and actual results.