Nikkei rises as bargain hunters enjoy temporary respite amid China break
* Insurers jump after Goldman hikes ratings
* Market rally is temporary respite and not recovery - analysts
* U.S. jobs data on focus
By Ayai Tomisawa
TOKYO, Sept 3 (Reuters) - Japan's Nikkei share average rose for the first time in four days on Thursday as gains on Wall Street boosted sentiment and bargain hunters flocked to recently battered stocks.
The Nikkei gained 1.8 percent to 18,423.16 points by midmorning after falling 0.4 percent on the previous day in extremely volatile trading.
During the last three sessions through Wednesday, the index declined 5.4 percent.
The Japanese market's volatility went above 40 in the previous day, but it dropped to 34 on Thursday.
Traders said global markets were getting some respite from worries about China, as markets there are closed on Thursday and Friday for ceremonies to mark the end of World War Two. Continuación...