Japan
Japanese life insurers' premium income hits $18b
Japanese life insurers' premium income hits $18b
Overall operating expenses pencilled in was $4b.
Japan insurance giants to maintain improved financial performance in FY 2024
Thanks to higher domestic interest rates, diversified investments, and ongoing reforms.
Japan’s Hyogo hailstorm listed in industry loss index
Initial loss estimate stood at $1.1b.
Kairos reels in new director, Japan representative
He has both technical knowledge of satellites and the ability to interpret the data.
Miller builds Japan footprint with new leadership
He brings over 35 years of experience to the role.
GIAJ admits gap between practices and public expectations
It unveiled its initiatives to rebuild the trust of its customers.
Japan's auto insurance premiums set to rise in 2026
A rating organisation intends to raise its reference premium rates by an average of 5.7%.
Japanese insurer plans merger of European branches
The merger is aimed to be completed around the summer of next year.
Japanese insurers seeking alternatives to lower hail risks
2024 could potentially exceed ¥150b ($0.94b) in insured losses.
Japan’s life insurers face moderate credit risk
Thanks to their notable allocation to fixed-income investments.
Vehicle damage leads $356m hailstorm claims in Hyogo
Total claims paid reached 119,238.
Tokio Marine Financial Advisers announces new CEO
He has more than two decades of experience in the industry.
Japanese non-life overseas operations seen to temper domestic underwriting
The country’s big three non-life players saw their profits surge in FYE24.
Japanese insurers take sound approach toward ESG goals: Fitch Ratings
Insurers may invest in ESG assets only when they offer attractive risk-return profile.
Japan insurers benefit from lower COVID-19 costs
Both the life and non-life industries saw a surge in their end-March net income.
PwC outlines 10 imperatives for Japanese insurers
BOJ's rate shift could challenge Japanese insurers.
Noto Earthquake claims reach $578.2m in May
Of the total claims collected, 68.7% were paid.
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