Japan
Japan insurers face decline as premiums fall and growth stalls
Japan insurers face decline as premiums fall and growth stalls
FY 2024 ends a 4-year expansion streak, forcing firms into new revenue strategies
5 hours ago
Tokio Marine completes $1.8b share disposal to Berkshire unit
National Indemnity received 48,207,200 common shares through a third-party allotment.
1 day ago
Kyobo Life net profit rises 9.2% despite weaker core business
Insurance profit for the year also dropped 17.3%.
3 days ago
Japan insurers to maintain strong solvency under new regime, report says
Fitch Ratings considers J-ICS conservative for Japan.
How 1 April renewals pushed Japan cat rates down 16%
Howden Re said another year of low catastrophe losses helped drive the decline.
Sompo Japan outlook holds as Aspen deal raises execution risk
The agency also sees equity exposure from domestic stock holdings declining.
HDI Global Japan targets commercial and cyber insurance growth
One of the most rapidly evolving threats is cyber-insurance, and Japan has room to expand in this market.
MS&AD cost cuts support long-term profitability: Morningstar
Forecasts show premiums increasing from $29.9b in 2024 to $32.4b in 2025.
Sompo lifts earnings target to $3.1b amidst improved auto and fire business
Profitability is expected to improve further in the domestic non-life insurance segment.
Sompo net income more than doubles to $3.3b in 9M 2025
Basic earnings per share reached $3.61 for the nine months to March.
Sumitomo Life premium income jumps 10.4% as core profit falls 10.6%
CreditSights links the life profit decline to higher technical reserves.
Meiji Yasuda grows premiums 36.3% as surplus drops 18.7%
CreditSights flags $22.0b in premiums, but net result slides to $0.6b in the same period.
Tokio Marine income rises as life premiums plunge 61.9%
Net premiums written increased 4.4% year on year to $13.4b for the quarter.
Nippon Life nears FY 2025 revenue goal of $52b
It registered $48b in insurance and service revenue, up 18.7% during 9M 2025.
Sompo expands Guidewire deal as cloud migration begins
This targets unified underwriting claims and billing workflows across country entities.
Dai-ichi Life lifts profit view to $3.3b
Net investment income is projected to jump 24.9$ to $12.9b in fiscal 2026.
Tokio Marine ROE seen at 16% by 2030: Morningstar
Net earned premiums are projected to expand about 5%.