Japan

Japan insurers’ gains erode amidst rising costs

Japan insurers’ gains erode amidst rising costs

Firms are shifting product mix toward dementia and care coverage for older clients.
5 days ago

bolttech appoints Kohei Watanabe to run Japan business

The Tokyo-based executive will oversee domestic and international operations.

Japan life insurers post 5.9% growth as annuities slip

New individual cover reached JPY46.1t whilst annuity sales edged lower.

Crédit Agricole shifts 350 staff into new Japan office

The group has opened a workplace on the 50th floor of Azabudai Hills Mori JP Tower.

Japan insurers face decline as premiums fall and growth stalls

FY 2024 ends a 4-year expansion streak, forcing firms into new revenue strategies

Tokio Marine completes $1.8b share disposal to Berkshire unit

National Indemnity received 48,207,200 common shares through a third-party allotment.

Kyobo Life net profit rises 9.2% despite weaker core business

Insurance profit for the year also dropped 17.3%.

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.