Japan
Toa Reinsurance posts $103m profit in full-year earnings
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.
Tokio Marine rebrands direct auto insurance unit to expand digital visibility
TMDI will operate alongside Tokio Marine Nichido.
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.
Japan drives Asia’s home insurance growth with rising demand
Globally, the market could bag $254.63b.
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.
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.
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