Japan
Japanese life segment stands strong as firms maintain solid capital positions: AM Best
Several tailwind factors improved overall business conditions.
Japanese life segment stands strong as firms maintain solid capital positions: AM Best
Several tailwind factors improved overall business conditions.
Tokio Marine marine insurance cover sales surged by 31% in May
Total sales increased by 4.6% for the month.
Japanese insurer takes giant leap for space insurance
This will be the first case of commercial lunar exploration insurance.
Tokio Marine launches own venture capital fund
The fund is worth $42m.
Japan eyes revamp of workers insurance scheme
The issue will be discussed by a panel of government experts on the social security system.
Sompo International opens Tokyo office
The firm has appointed Kenneth Reilly to lead the new branch.
Japanese non-life insurers suspends contracts for firms operating in Russia
The suspension comes after Russia designated Japan as ‘unfriendly’ last month.
Taiju Life Insurance halts sales of COVID-19 cover
This comes amidst a surge in Omicron cases in Japan.
Meiji Yasuda Life to invest $43m in new ESG engagement fund
This is part of a business alliance with SDG Impact Japan.
Tokio Marine enters into an alliance with May Mobility
One of its aims is to research insurance products for autonomous driving.
Japanese general insurers shift focus to property and specialty lines
Motor insurance premium decline triggered this shift.
Nippon Life proves resilient amidst pandemic
The insurer proved stable with core operating profits at ¥690b.
Tokio Marine joins Net-Zero Insurance Alliance
They are the first Japanese insurance firm to become a member.
Life Insurance Association of Japan lays out plans for 2022
It plans to focus on three initiatives to meet customer expectations.
Tokio Marine launches new partnership with MaaS Tech Japan
This expands their original business alliance agreement in June 2020.
Tokio Marine transforms non-life subsidiary to insurtech
It plans to position the new insurtech as the digital R&D hub of the group.