Japan
Lower inflation rate moves Japan’s insurers to secure necessary reinsurance capacity in renewals
There has been a shortage of new capital entering the market due to rising interest rates.
Lower inflation rate moves Japan’s insurers to secure necessary reinsurance capacity in renewals
There has been a shortage of new capital entering the market due to rising interest rates.
Tokio Marine reaches carbon neutrality for 10th year in a row
CO2 emissions removal was executed through mangrove trees.
Sompo Japan’s Chief steps down amdist Bigmotor misconduct
The date for his last day is yet to be determined.
Joe Pickford is Tokio Marine Kiln’s new aviation underwriter
He will be based in Singapore.
Japan sends out probe on insurers post-forgery allegations
The on-site inspections aim to seek other issues related to the protection of policyholders.
Tokio Marine sends relief fund to fire-stricken Maui
The fire struck the island of Hawaii on 8 August.
China-unit of Tokio Marine to stay afloat with TMNF support: Moody’s
Lower investment returns amidst a low-interest rate environment pose a challenge to its profitability.
Sompo International taps Alasdair Walker as regional head for distribution insurance
He will oversee the distribution insurance segment in the APAC region.
Japan’s insurance claims reach Y23.9b end-July – GIAJ
Heavy rainfall at the beginning of the month was noted by the association.
BMS Group names Tim Hewitt as Head of Japan
Hewitt will oversee inbound-outbound M&A activities in Japan.
Nippon Life shows robust capitalisation, profitability faces pressure from forex: Moody’s
Nippon Life's economic capitalisation improved to 244%.
Tokio Marine sells Guam subsidiary to Calvo Enterprises
To validate capital efficiency improvement and risk diversification efforts, TMPI was put up for sale.
Sluggish Dai-ichi Life first quarter performance effect of hedged bonds sale: CreditSights
Despite higher interest income from unhedged foreign currency bonds, it couldn't offset this decline.
Tokio Marine HCC acquires renewal rights for US insurer’s portfolio
Employees of the US insurers will transition to Tokio Marine HCC.
Japan casualty insurers under suspicion for policy price-fixing
This suspected price-fixing practice is now under investigation.
Tokio Marine finishes acquisition of Gulf Guaranty Employee Benefit Services
The company was acquired through the wholly owned subsidiary HCC Insurance Holdings.
General Insurance Association of Japan shows tax reform requests FY2024
The reforms shall contribute to economic growth and societal development.
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1. Financial firms lead LinkedIn’s top companies in Singapore 2. HKIA, ICAC target suspected unlicensed insurance sales to mainland China 3. InterContinental Singapore is saving insurance for a rainy day 4. 25% of employers to enhance insurance coverage in the next two years 5. Insurers struggle to balance customer acquisition and retention: studyResource Center
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1. Financial firms lead LinkedIn’s top companies in Singapore 2. HKIA, ICAC target suspected unlicensed insurance sales to mainland China 3. InterContinental Singapore is saving insurance for a rainy day 4. 25% of employers to enhance insurance coverage in the next two years 5. Insurers struggle to balance customer acquisition and retention: studyAwards
Jul
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