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August 23, 1988

SEVEN INSURENCE COMPANIES DEVELOP INVESTMENT MANAGEMENT SYSTEM

By CBR Staff Writer

A group of seven small and medium-sized non-life insurance companies including Koa Fire and Marine and Fuji Fire and Marine, are in the process of jointly developing a long-term investment management system: the work has been contracted to Hitachi Ltd and around $600,000 has been invested in the project; a feature of the planned system is said to be portability across a number of environments.

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