Japan

PwC outlines 10 imperatives for Japanese insurers

BOJ's rate shift could challenge Japanese insurers.

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.

Japan's life insurers see profit rise amidst lower claims

The industry is projected to deliver better core profits in FY2024.

Mitsui Sumitomo Insurance boasts strong capital base: AM Best

Thanks to its resilient capital base and strategic equity disposal plans.

Japanese life insurers to maintain strong credit in FY2025

Fitch Ratings expects insurers' capital adequacy to stay adequate.

Kyobo Life's profits reach $230m in Q1

CreditSights said this was the second-highest earnings figure in the market.

Fukoku Life posts record core profit in FY23

Despite a slight dip in premiums, its core profit accumulated $640m.

Japanese insurers eye profit from hikes in fire and auto insurance

FY24 profit targets exceeded Jefferies’ forecasts.

Japan insurers pay $215m for April hail damage

Nearly 100% of the claims received were covered.

Sumitomo Life lags in attractiveness amongst peers

The insurer expects a 15% YoY increase in consolidated insurance premiums.

Meiji Yasuda bags solid solvency ratio

Meiji’s Elevance Health acquisition is expected to lift its premiums.

GIAJ completes $540m claim payments for Noto quake

More than half of this was under the Ishikawa Prefecture.

Sompo forecasts $1.47b net income for FY’25 

Its FY’24 net income significantly grew compared to the previous year.

Japan pays $610b claims from severe rain last year

This included heavy rainfall “Baiu” and Typhoon Mawar.