Japan
Frequency of nat cat events to drive demand in commercial insurance in Japan
Frequency of nat cat events to drive demand in commercial insurance in Japan
The general insurance industry in the country is growing at a CAGR of 3%.
Tokio Marine announces participation in ADB’s credit insurance program
The program aims to solve social issues in emerging countries in APAC.
Mitsui Sumitomo announces acquisition of Transverse
The deal brokered will cost $400m
Sompo Japan and Space BD cooperate for satellite launch cover
The partnership also hopes to create a cover for lunar transportation.
Mitsui Sumitomo to buy US reinsurance broker for $400m: report
The Japanese property insurer aims to expand its reach into the reinsurance business.
Aflac Life Insurance Japan bags two accolades at the Insurance Asia Awards 2022
The company installed a system that allows customers to select their preferred agents based on their needs.
Japanese insurers sells heatstroke insurance
Brutal heatwave saw more than 14,000 treated for heatstroke by end June.
Charles Taylor appoints assistant director for P&C in Japan
The new director has more than three decades of industry experience.
Dai-ichi Life invests $90.34m in UK insurtech firm
It plans to use this investment to enhance its existing business.
Miller acquires Japanese broker
The broker specialises in hull, war risks and protection & indemnity insurance.
Japanese life segment stands strong as firms maintain solid capital positions: AM Best
Several tailwind factors improved overall business conditions.
Tokio Marine marine insurance cover sales surged by 31% in May
Total sales increased by 4.6% for the month.
Japanese insurer takes giant leap for space insurance
This will be the first case of commercial lunar exploration insurance.
Tokio Marine launches own venture capital fund
The fund is worth $42m.
Japan eyes revamp of workers insurance scheme
The issue will be discussed by a panel of government experts on the social security system.
Sompo International opens Tokyo office
The firm has appointed Kenneth Reilly to lead the new branch.