Japan

Japan’s non-life insurers strengthen as oversight improves

The FSA has also introduced stricter governance requirements.

Why 9 in 10 Japanese want to purchase travel insurance this year

More than half will access travel insurance through credit card benefits.

How much will Japan's insurance market grow in eight years?

Demographic shifts are driving structural changes in product demand.

Japan’s long-term care insurers face pressure from staff shortage

55.2% of home care operators reported a year-on-year revenue decline.

Tokio Marine aids ADB lending by joining $2.75b credit programme

ADB intends to quadruple private sector investment, financing by 2030.

Japan’s top P&C insurers post double-digit profit growth in fiscal 2024

Domestic net premiums written also grew across all three insurers.

What will drive Japan’s insurance sector to surpass $470b by 2029?

Premium increases in life and general insurance will boost the industry this year.

Dai-ichi Life acquires 15.1% stake in Challenger for $560m

It plans to acquire through its Australian subsidiary.

Japanese insurers expand overseas amidst domestic slowdown

AM Best forecasts sluggish growth in in-force premiums.

MS&AD to merge Mitsui Sumitomo, Aioi Nissay Dowa by April 2027

The merged entity could equate to the Japanese insurer holding the top market share.

Fortitude Re completes $4b reinsurance deal with Taiyo Life Insurance

The deal transfers a part of Taiyo Life’s whole life annuity business to Fortitude.

GIAJ approves guidelines to enhance insurance agent business quality

Education and examination system for agents and solicitors will also be improved.

Mitsui Sumitomo to invest $4b for 15% stake in W. R. Berkley

MSI expects to finalise the investment within the 2025.