Japan
Japan's top insurers see mixed Q1 results amidst NatCat impacts
Japan's top insurers see mixed Q1 results amidst NatCat impacts
Jefferies warns to watch for potential natural catastrophes in Q2 2024.
Japanese insurers tighten underwriting amidst Q2 market challenges
This called for a careful evaluation of risk retention and risk transfer strategies, Aon said.
Sompo Holdings net income expands in Q1 2024
Net income per share stood at $0.83.
Dai-ichi Life’s Q1 2024 profit soars 41.1% YoY
Revenues inched up 0.52% YoY.
Tourism surge leads to more uninsured patients at Japanese hospitals
Nearly 30% of visitors to Japan are uninsured.
Prudential’s joint venture gains attention after Q2 report
The Q2 2024 solvency report, though brief, reveals some concerning trends.
Japan’s big-four insurers to raise fire insurance premiums 15%
The decision comes in the wake of failing profitability in the fire insurance market.
Talcott Financial enters reinsurance deal in Japan
It also expanded its APAC presence with a new appointment.
Tokio Marine's Q1 2024 net income surges 55.3% YoY
Its international business reported the largest gains.
Bigmotor scandal exposes thousands of fraudulent claims
About 30% of claims investigated in the past 5-8 years were fraudulent.
FSA commands Sompo and other insurers to report info leaks
The insurer revealed that employees had leaked client information.
Tokio Marine reports potential data leak of 63,200 policyholders
It affected three other companies.
Toa Reinsurance grows net income by sixfold in FY 2023
Its net written premiums, on the other hand, dwindled 12.5%.
Gallagher, Tohoku University boost tsunami risk research
The 2011 Tohoku quake and tsunami caused $100b in economic damage.
Aioi Nissay Dowa Insurance bags two wins at Insurance Asia Awards 2024
The utilisation of AI technology has allowed the deterrence of fraud that were previously not visible to human detection.
Howden steps foot into Japan market with reinsurance firm
Kentaro Tada has been appointed CEO of Japan.
Japanese life insurers' premium income hits $18b
Overall operating expenses pencilled in was $4b.
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