Japan

WTW Japan’s pension fund index up 5.6% in 1Q24

The firm’s benchmark discount rate increased to 2.39%.
in 2 hours

WTW Japan’s pension fund index up 5.6% in 1Q24

The firm’s benchmark discount rate increased to 2.39%.
in 2 hours

Nippon Life eyes 20% surge in core operating profit by 2026

The insurance company laid out its three-year targets focusing on boosting revenues.
in 2 hours

Japan's property insurers stay afloat post-earthquake – GlobalData

Economic losses are estimated between $8.6b to $20.3b.
21 hours ago

Noto earthquake saw $480m claims paid – GIAJ

Total claim payments received were 81,544.
6 days ago

Japan's life insurers shift focus to domestic bonds: Report

In recent years, high hedging costs have kept insurers from investing in foreign debt.

Malakut boosts international team with Sogo Yasuda at helm

The broker established a new globally integrated Japanese brokerage department.

Mitsui Sumitomo, Aioi Nissay issue joint cat bonds

This issuance marks the 7th for Mitsui Sumitomo Insurance.

Tokio Marine sets up desk in New York

The desk is dedicated for investors and shareholders.

Tokio Marine launches novel earthquake cat bond with SDB

This is the first time proceeds will be used to boost SDG goals through an SDB.

Lifenet, Eisai develops dementia insurance coverage

The plan includes coverage from the mild cognitive impairment stage of dementia.

Japan’s insurance market to expand 3.12% CAGR by 2027

The automotive segment is seen as a significant trend during the forecast period.

Rick Allen assumes key role as chief underwriting officer at Sompo

Rick Allen will is succeeding Cliff Easton, who is retiring.

Tokio Marine intensifies climate strategy with policy revisions

The company aims to achieve carbon neutrality by 2050.

Japan P&C faces investor caution despite positive outlook

Jefferies anticipates a quicker unwinding of equity cross-holdings.

bolttech offers device protection in Japan

It has partnered with refurbished device marketplace, Back Market.

Japan's P&C sector surges with focus on profitability and international expansion

Positive trends drive Japanese insurers towards growth, bolstered by rate revisions and strategic initiatives, a Jefferies report said.