Japan

Dai-ichi Life maintains stable outlook: AM Best

The parent company saw its total reported capital rise by 46% YoY.

MS&AD net income doubles to $4.13b in 9M 2024

Thanks to higher ordinary profit, which surged 113.4% YoY.

Sompo Holdings segregates business into two global divisions

Additionally, key leadership appointments have been made.

Sompo’s 9M 2024 net income jumps 17.7% YoY

Thanks to higher underwriting income.

Life insurers in Japan to see earnings boost in 2025

Insurers are expanding overseas and non-insurance amidst demographic decline.  

Dai-ichi Life to cut equity risk by over 50% by 2030: Fitch Ratings

Its financial leverage is also seen to remain below 23%.

Japanese insurers see profit surge in H1 2024, investment gains

The outlook for fiscal 2024 remains positive, said CreditSights.

Nippon Life maintains stability with strong capitalisation

Nissay’s capital position is supported by a 52% increase in absolute capital to $68b.

Meiji Yasuda expected to sustain performance long-term

Last year, the company’s base profit was at $3.6b.

Meiji Yasuda rolls out 5% wage hike amidst inflation

This marks the 2nd consecutive year of wage hikes for its 11,000 internal staff.

Toa Re’s H1 2024 net income nearly doubles

This was the second year of growth since a net loss in 2022.

Asahi Life’s capitalisation boosted by robust underwriting: Fitch

The company’s core profit margin increased to 16% in the first half of FY 2025.