Japan

Brad Hearn named Prudential Financial's Japan CEO

Brad Hearn named Prudential Financial's Japan CEO

He has served as chief operating officer for Prudential’s Japan operations.

Japan Post Insurance outlook steady as profitability shows gradual lift

Moody's said Japan Post Insurance is stable thanks to conservatism.

Tokio Marine leads initiative to boost Japan’s offshore wind

Japan aims to reach 30GW to 45GW of offshore wind capacity by 2040.

Fitch Ratings expects Sumitomo Life to sustain stable growth

The rating agency said it anticipates continued capital strengthening.

Dai-ichi Life Holdings’ balance sheet “very strong”: AM Best

It is said to have a strong operating performance and appropriate risk management.

Dai-ichi Frontier Life inks reinsurance agreement with Brookfield Wealth

Starting October 2025, Dai-Ichi will reinsure liabilities to Brookfield’s US subsidiary.

Japan’s general insurance industry to reach $102.6b in 2030

Increased premium rates and demand for motor insurance will help drive growth.

Aon names ex-BNP Paribas banker as enterprise client leader in Japan

Shinji Kuriyama brings 30 years of experience working in the financial services sector.

How Japan's non-life insurers record $12.4b net income in fiscal 2024

As of 30 April, 57 general insurance companies were operating in Japan.

Dai-ichi Life Holdings sets up new firm to manage its investments and loans

It covers fixed income investment, alternative investment, and structured finance.

Sompo Japan launches methane detection service with partners

JGC will offer on-site and drone-based measurements.

Japan renewals show property-catastrophe rate cuts of up to 15%

Big Japanese insurers have also built stronger balance sheets due to strong profits.

Sumitomo Life maintains stable outlook: Moody’s

Annualised net premiums of in-force policies rose 6.5% in fiscal 2024.

Japan’s Toa Re sees net income rise on underwriting improvement

It saw increased investment return from higher interest and dividend incomes.