Typically in japan the bankruptcy of nippon life insurance in1997and the subsequent bankruptcy of seven life assurance companies brought great shock in the international life assurance industry.

最为典型的是日本，自1997年日本生命破产以后，先后共7家寿险公司倒闭，给世界寿险业带来巨大震动。

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Typically in Japan, the bankruptcy of Nippon life Insurance in 1997 and the subsequent bankruptcy of seven life assurance companies brought great shock in the international life assurance industry.

最为典型的是日本，自1997年“日本生命”破产以后，先后共7家寿险公司倒闭，给世界寿险业带来巨大震动。

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Many of Japan's life-insurance companies are also in dreadful shape.

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Orix, which listed on the New York Stock Exchange in 1998 and whose shareholder base is more than 50% outside Japan, also operates in investment banking, life insurance, venture capital and in the financing of real-estate development.

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