Morgan Stanley says Japanese insurance stocks attractive despite deep correction

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Morgan Stanley says Japanese insurance stocks attractive despite deep correction

Investing.com-- Morgan Stanley said that a recent decline in Japanese insurance stocks had stretched too far, and reiterated its view that the sector still remained “Attractive.”

A drop in stock markets still presented “not insignificant” risks to insurance stocks, MS said, given that they held some exposure to Japanese markets and that claims values were unchanged despite market shifts.

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