Japan

Dai-ichi Life acquires 15.1% stake in Challenger for $560m

It plans to acquire through its Australian subsidiary.

Japanese insurers expand overseas amidst domestic slowdown

AM Best forecasts sluggish growth in in-force premiums.

MS&AD to merge Mitsui Sumitomo, Aioi Nissay Dowa by April 2027

The merged entity could equate to the Japanese insurer holding the top market share.

Fortitude Re completes $4b reinsurance deal with Taiyo Life Insurance

The deal transfers a part of Taiyo Life’s whole life annuity business to Fortitude.

GIAJ approves guidelines to enhance insurance agent business quality

Education and examination system for agents and solicitors will also be improved.

Mitsui Sumitomo to invest $4b for 15% stake in W. R. Berkley

MSI expects to finalise the investment within the 2025.

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.