Japan
Tokio Marine expands climate strategy to cover 200 major emitters
Tokio Marine expands climate strategy to cover 200 major emitters
They account for 90% of emissions.
Nippon Life’s net income surges 63% YoY in 9M 2024
Ordinary expenses narrowed to $3.2b.
Aon acquires Mitsubishi Chemical's insurance agency business
The deal adds 100 new employees to Aon in Japan.
Japan Post Insurance to invest up to $2b in reinsurance vehicle
The company aims to deploy capital as early as 2026.
Mitsui Sumitomo sees profit rise with strategic divestments: Fitch Ratings
Fitch also anticipates an improvement in underwriting profitability.
Smartpay, Chubb launch embedded insurance in Japan
Cashless payments account for 50% of consumer monthly spending in Japan.
Japan's insurance market to grow $47b by 2029
The ageing population is boosting demand for long-term care.
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.
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Rethinking insurance for the masses
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