Japan
Dai-ichi Life to cut equity risk by over 50% by 2030: Fitch Ratings
Dai-ichi Life to cut equity risk by over 50% by 2030: Fitch Ratings
Its financial leverage is also seen to remain below 23%.
15 hours ago
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.
Commentary
Ageing populations and rising mortality main concerns for life insurers and reinsurers