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Japan's insurers see motor market recovery

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Japan's motor market, which makes up 50% of general insurers' premiums, has seen a recovery in its underwriting profits to the end of the fiscal year March 2013.

According to analysis by Fitch Ratings, underwriting losses narrowed to 13bn yen ($130m) to the end of March 2013 from 257bn yen last year. However, the agency notes the combined ratio of Japanese

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