Japan
Tokio Marine sets global AI governance policy with oversight rules
Tokio Marine sets global AI governance policy with oversight rules
Key provisions ensure AI decisions remain subject to human judgment.
GIAJ enhances compliance support with new rules and seminars after leaks
It also announced the formulation of whistleblowing mechanisms.
Japanese life insurers pursue overseas deals as domestic growth slows
Insurers are expected to keep issuing hybrid capital to preserve credit quality.
Japan’s Dai-ichi Life may get $104m annual profit raise after M&G deal
Fitch anticipates minimal and manageable negative impact on Dai-ichi Life’s capital adequacy.
RGA and Dai-ichi Life sign $1b coinsurance deal
The effective date of the transaction is 31 March 2025.
Sompo Japan Insurance submits improvement plan after info leakage
It has apologized to customers and stakeholders.
Dai-Ichi Life HD buying 15% stake in M&G, expects $2b in new business
There will be no change in M&G’s issued share capital.
Japanese life insurers increase US exposure for stable returns
Fitch expects the share of overseas business from North America to grow steadily.
Tokio Marine unveils TMGX with $500m risk capacity
It aims to support companies transitioning to low-carbon operations.
Nippon Life posts 5.7% profit rise as core earnings climb in FY 2024
However, insurance gains declined slightly by 5.2%.
Japan’s LDP proposes National Health Insurance prepayment rule for foreign residents
Currently, resident foreigners who stay in Japan for over 3 months must enrol in the system.
Japan’s top four insurers grow profit 60% in fiscal 2024
However, these insurers expect earnings for fiscal 2025 to ease slightly.
Tokio Marine’s FY 2025 records earnings jump of 57% YoY
Ordinary income grew by $7.01b.
MS&AD Insurance sees $2.2b YoY net earnings gain in FY 2025
The insurer forecasts a net income of $4b for FY 2026.
Japan’s non-life insurers strengthen as oversight improves
The FSA has also introduced stricter governance requirements.
Dai-ichi Life profit climbs 33.9% in FY 2025
EPS was at $0.80.
Why 9 in 10 Japanese want to purchase travel insurance this year
More than half will access travel insurance through credit card benefits.
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