Japan
Japanese insurer plans merger of European branches
Japanese insurer plans merger of European branches
The merger is aimed to be completed around the summer of next year.
Japanese insurers seeking alternatives to lower hail risks
2024 could potentially exceed ¥150b ($0.94b) in insured losses.
Japan’s life insurers face moderate credit risk
Thanks to their notable allocation to fixed-income investments.
Vehicle damage leads $356m hailstorm claims in Hyogo
Total claims paid reached 119,238.
Tokio Marine Financial Advisers announces new CEO
He has more than two decades of experience in the industry.
Japanese non-life overseas operations seen to temper domestic underwriting
The country’s big three non-life players saw their profits surge in FYE24.
Japanese insurers take sound approach toward ESG goals: Fitch Ratings
Insurers may invest in ESG assets only when they offer attractive risk-return profile.
Japan insurers benefit from lower COVID-19 costs
Both the life and non-life industries saw a surge in their end-March net income.
PwC outlines 10 imperatives for Japanese insurers
BOJ's rate shift could challenge Japanese insurers.
Noto Earthquake claims reach $578.2m in May
Of the total claims collected, 68.7% were paid.
Japan's life insurers see profit rise amidst lower claims
The industry is projected to deliver better core profits in FY2024.
Mitsui Sumitomo Insurance boasts strong capital base: AM Best
Thanks to its resilient capital base and strategic equity disposal plans.
Miller names head of non-marine broking for Japanese arm
Tokinori Kono joins from I&T Risk Solutions.
Japanese life insurers to maintain strong credit in FY2025
Fitch Ratings expects insurers' capital adequacy to stay adequate.
Kyobo Life's profits reach $230m in Q1
CreditSights said this was the second-highest earnings figure in the market.
Asahi Life’s core profit soars fivefold in FY23
This was equivalent to $190m.
Fukoku Life posts record core profit in FY23
Despite a slight dip in premiums, its core profit accumulated $640m.
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