Japan
Smartpay, Chubb launch embedded insurance in Japan
Smartpay, Chubb launch embedded insurance in Japan
Cashless payments account for 50% of consumer monthly spending in Japan.
3 days ago
Japan's insurance market to grow $47b by 2029
The ageing population is boosting demand for long-term care.
6 days ago
Tokio Marine & Nichido Fire underwriting profits to improve amidst rate hikes
Fitch expects premium rate increases to continue driving better underwriting results.
Japan faces harsher commercial insurance terms
Four major insurers have adopted stricter underwriting practices.
Dai-ichi Life maintains stable outlook: AM Best
The parent company saw its total reported capital rise by 46% YoY.
MS&AD net income doubles to $4.13b in 9M 2024
Thanks to higher ordinary profit, which surged 113.4% YoY.
Sompo Holdings segregates business into two global divisions
Additionally, key leadership appointments have been made.
Sompo’s 9M 2024 net income jumps 17.7% YoY
Thanks to higher underwriting income.
Life insurers in Japan to see earnings boost in 2025
Insurers are expanding overseas and non-insurance amidst demographic decline.
Japanese life insurers’ premium income doubles to $159b in November
Total assets also doubled to $2.6t.
Willis reveals new head of risk, analytics for Japan
He joins from Marsh.
Meiji Yasuda's LGA buy to boost core profits: Fitch Ratings
Core profits could rise $59m yearly.
Meiji Yasuda plans acquisition of US-based Banner Life
The sale is estimated at $2.3b.
Dai-ichi Life to cut equity risk by over 50% by 2030: Fitch Ratings
Its financial leverage is also seen to remain below 23%.
Japanese insurers see profit surge in H1 2024, investment gains
The outlook for fiscal 2024 remains positive, said CreditSights.
Nippon Life maintains stability with strong capitalisation
Nissay’s capital position is supported by a 52% increase in absolute capital to $68b.
Meiji Yasuda expected to sustain performance long-term
Last year, the company’s base profit was at $3.6b.
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