Japan

Japan life insurers double premium income in fiscal year start

The industry saw individual insurance and annuity new businesses climb.

Toa Reinsurance posts $103m profit in full-year earnings

Ordinary income contracted by 5.8% YoY to $2.17m during the year.

Allianz Commercial Japan names Brian Jinzenji as new President

Additionally, Yuchiro Funabashi was tapped as the new Executive Vice President. 

Japan’s top insurers report strong FY 2024 on global premium rise

Despite conservative forecasts, Fitch’s analysts expect higher EPS for two insurers.

HDI Global secures Japan nod for parametric quake coverage

The initiative is in collaboration with Descartes.

Japan’s retirees favour tax-deferred annuities for security

Only 40% were willing to convert assets into guaranteed lifetime income.

Japan health ministry plans upfront premiums for foreigners

The measure targets low payment compliance amongst foreign residents.

GIAJ reports public gaps in awareness of fraud impact

Nearly 60% were unaware of industry efforts that work to combat insurance fraud. 

Zurich Japan, Traveloka offers extra points for airline and travel insurance customers

This is for Japanese travellers who purchased airline tickets and travel insurance.

Fitch expects Japan insurers to sustain strong underwriting in FY 2026

The three leading non-life insurers recorded solid profits in FY 2025.

Howden acquires 68.3% stake in Kyoto-based Holos Holdings

The group now employs more than 450 people since entering the market in 2024.

Mitsui Sumitomo, Aioi Nissay Dowa maintain capital strength ahead of 2027 merger

Overseas operations now contribute around 40% of premium income.

Meiji Yasuda holds 1.7x market share versus average life insurer

But profitability remains weak, with a return on capital of 2.1% in fiscal 2025.

Fukoku Life to sustain earnings growth on wider investment spread

Fitch expects this trend to continue over the next three to five years.