Japan

The segment is now poised to rise at a 0.9% CAGR from 2019 to 2023.

Group insurance policies caused the fall, triggered by changes in mortality tables.

Solid premium growth was backed by premium rate hikes in 2019.

They can withstand the downsides through low financial leverage and strong earnings.

Both countries will see an increase in death claims.

Tokio Marine Holdings and Mitsui Sumitomo Insurance are amongst the firms seeking entry into Myanmar.

He succeeds Yuji Kawauchi who will be vice president of global business planning in Sompo Holdings in Tokyo. Sompo Holdings Asia has named Daniel Neo as regional CEO, succeeding Yuji Kawauchi, who has returned to Sompo Holdings in Tokyo to assume the role of executive vice president of global business planning. Neo is an industry veteran with 20 years of experience in the insurance sector.  

The app will let users simulate disaster-related scenarios.

The policyholder can get a payout of $89 after an earthquake with an intensity of lower 6 or above hits their neighbourhood.

Only workers and their dependents in the country can avail to prevent abuse.

Insurance firms are bearing the weight of losses brought about by natural disasters.

E-commerce giant Rakuten and other players may "threaten" the country's insurance market.

The advisory rate revision will reflect increased losses from natural catastrophe and water leakages.

They rose 9% whilst individual annuity policies plunged 56% in fiscal 2017.