Japan
Zurich Japan and Aflac suffers data breach
The personal information of around 2 million people was reportedly stolen.
Zurich Japan and Aflac suffers data breach
The personal information of around 2 million people was reportedly stolen.
Japan raises health insurance premiums for high-income elderly
The aim is to ease the burden on the working generation.
Tokio Marine announces revise climate strategies
New revisions targets prohibitions of new business transactions in oil and gas.
Japanese insurers to face stagnant growth in the next five years
Sluggish sales of term life and savings products are slowing down the industry.
Prudential Financial appoints CEO for Japan operations
The current CEO will retire by the end of the year.
Insurance firm oligopoly holds 86% of Japan’s net premium income
Net premium income for all business lines in 2021 reached $62b.
Japanese insurers urged to narrow the scope of COVID-19 benefits
The advice comes from the Life Insurance Association of Japan.
Frequency of nat cat events to drive demand in commercial insurance in Japan
The general insurance industry in the country is growing at a CAGR of 3%.
Tokio Marine announces participation in ADB’s credit insurance program
The program aims to solve social issues in emerging countries in APAC.
Mitsui Sumitomo announces acquisition of Transverse
The deal brokered will cost $400m
Sompo Japan and Space BD cooperate for satellite launch cover
The partnership also hopes to create a cover for lunar transportation.
Mitsui Sumitomo to buy US reinsurance broker for $400m: report
The Japanese property insurer aims to expand its reach into the reinsurance business.
Aflac Life Insurance Japan bags two accolades at the Insurance Asia Awards 2022
The company installed a system that allows customers to select their preferred agents based on their needs.
Japanese insurers sells heatstroke insurance
Brutal heatwave saw more than 14,000 treated for heatstroke by end June.
Charles Taylor appoints assistant director for P&C in Japan
The new director has more than three decades of industry experience.
Dai-ichi Life invests $90.34m in UK insurtech firm
It plans to use this investment to enhance its existing business.
Miller acquires Japanese broker
The broker specialises in hull, war risks and protection & indemnity insurance.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
