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Regulation - International - US urges Kampo reform.
(From Reinsurance)
The American Council of Life Insurers (ACLI) has issued a white paper on what it describes as violations of the general agreement on trade in services by Japan in its dealings with postal insurance giant Kampo.
Kampo represents approximately 40% of the entire Japanese life insurance marketplace by policies in force and is now being prepared for privatisation.
However, in January this year it started marketing a new fixed-term whole life ...
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