life and non-life insurance
Industry term referring to the two main categories of insurance: life insurance and non-life (general) insurance.
In the field of life and non-life insurance, new products are being developed one after another.
life and non-life insurance companies
Collective term for companies that provide life insurance and non-life insurance, often used in business or regulatory contexts.
Major life and non-life insurance companies jointly announced a new insurance product.
Specifically non-life (general) insurance, covering property, liability, etc.
Abbreviation formed from 生命保険 (life insurance) and 損害保険 (non-life insurance).