Japan

Japanese insurers see profit surge in H1 2024, investment gains

The outlook for fiscal 2024 remains positive, said CreditSights.
1 day ago

Nippon Life maintains stability with strong capitalisation

Nissay’s capital position is supported by a 52% increase in absolute capital to $68b.
5 days ago

Meiji Yasuda expected to sustain performance long-term

Last year, the company’s base profit was at $3.6b.
6 days ago

Meiji Yasuda rolls out 5% wage hike amidst inflation

This marks the 2nd consecutive year of wage hikes for its 11,000 internal staff.

Toa Re’s H1 2024 net income nearly doubles

This was the second year of growth since a net loss in 2022.

Asahi Life’s capitalisation boosted by robust underwriting: Fitch

The company’s core profit margin increased to 16% in the first half of FY 2025.

Dai-ichi Life financial leverage to remain below 23%

The planned bonds are expected to have a call option after 10 years.

Japan P&I shows stable investment income: AM Best

Despite potential for volatility from large claims, the insurer maintains flexibility.

Japan’s major life insurers snatch 46% YoY profit surge

Similarly, core business profits also increased by 16.2% YoY.

Nissay set for growth with $8.2b acquisition: AM Best

Nissay plans to integrate MLC with Resolution Life Australia after the deal.

FWD Japan to welcome incoming CEO, President

He previously worked with MetLife Insurance K.K.

Talanx to conclude partnership with Meiji Yasuda Life by 2025

Talanx can acquire Meiji Yasuda’s shares in two Polish subsidiaries.

Fukoku Life’s annualised premiums jump 13% YoY in H1 2024

Fukoku Life demonstrated solid growth in 1H24, according to CreditSights.

Asahi Life's core profit jumps 67.7% in H1 2024

Asahi Life plans to enhance profits in protection-type products.

Nippon’s H1 2024 core profit surges 36% despite premiums decline

New annualised premiums for individual and annuity insurance fell by 1.8% YoY.

Japan P&I Club hikes premiums 7% for 2025

The decision comes as the association grapples with a high volume of claims.