Decrease in payment of automobile insurance money Decrease in accidents when going out in Corona Insurance companies November 19th 20:07
The amount paid by major non-life insurance companies for half a year until September is due to the spread of the new coronavirus infection, refraining from going out by car, and reducing traffic accidents. It decreased by 11% compared to the same period last year.
According to the interim financial results for this year announced by three major non-life insurance groups on the 19th, the total amount of automobile insurance that each company has to pay in the six months until September is 889.7 billion yen, last year. It was 11% less than at the same time.
By group,
▽ Tokio Marine & Nichido under Tokio Marine Holdings is -13%
▽ Mitsui Sumitomo Insurance under MS & AD Holdings and Aioi Nissay Dowa Insurance are
-9
% in total
▽ Sompo Japan under SOMPO Holdings is -13% It has become.
Regarding the decrease in payments in both cases, companies say that the main reason for this is that the new coronavirus has prevented them from going out by car and reduced traffic accidents.
Decreasing insurance payments can lead to lower premiums, but companies want to keep an eye on whether payments will continue to decline due to the effects of the new coronavirus.