Japan
Strong domestic profits offset Japan P&C insurers' overseas FY2020 losses
Better results in auto and personal accident lines were the reasons.
Strong domestic profits offset Japan P&C insurers' overseas FY2020 losses
Better results in auto and personal accident lines were the reasons.
New specialty businesses to sustain Japan P&C insurers' capital
Growth of specialty products will support underwriting.
Retained earnings, foundation funds buoy Nippon Life's capital
But its capital position is vulnerable to a slump in the Japan stock market.
Tokio Marine subsidiary acquires New York life insurer for $180m
The transaction is expected to close in Q3.
Effect of low rates on APAC insurers yet to be seen: report
High reserves and lower investment returns will subdue profitability.
Japanese insurers eyeing US bonds again
US bonds are becoming attractive with yields nearing 2%, insurers say.
Japan earthquake insurance gap at $25b: report
There is still underinsurance of seismic risk even if the share has risen.
Tokio Marine probing validity of Australian unit's Greensill policies
Greensill has filed for insolvency after losing coverage for debt repacking business.
Sumitomo Life to keep mortality margins: report
Core profit margin remained high at 18% in H1 FYE2021.
Tokio Marine acquires World Wide Specialty Programs' US staffing insurance unit
It will be wholly owned by Tokio Marine & Nichido Fire.
Japan's top insurers unsafe amidst reliance on individual life
Over-reliance on one product will stunt sector growth.
Tokio Marine's Q1 net income slips 12% to $940m
Net premiums written rose 8.3% YoY to $8.6b.
Sedgwick names Takeshi Nagao as Japan managing director
He joins from HDI Global.
Japan's life insurers keep focus on customers amidst pandemic
They will consider special measures for COVID-hit clients.
Japan's P&C insurers can manage losses from Kyushu floods: analysis
Large industrial zones were not affected, which would limit potential losses.
Japan's P&C insurers likely to brush off impact of Kyushu rains
But it's still too early to assess the whole damage, an analyst said.
Dai-ichi Life Holdings names Koichiro Watanabe as director
He holds the same position for Dai-ichi Life Insurance.
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