Japan
Are Japanese insurers ready to put a price on climate change?
AM Best associate director Jason Shum said they still have a long way to go.
Are Japanese insurers ready to put a price on climate change?
AM Best associate director Jason Shum said they still have a long way to go.
Corporate risks in Japan’s SMEs on the rise: survey
Despite seeing the increased risks, 30% of the SMEs are yet to take measures.
Tokio Marine abandons thermal coal mining
Key changes in the group's policies will exclude thermal coal mining in the future.
Japan direct written premiums to blow up to $323.6b by 2025
The country’s life insurance industry is growing at a CAGR of 1.4%.
Sompo Holdings to acquire Italian crop insurance firm
The transaction will be finalised next year.
Tokio Marine & Nichido Fire Insurance was recognized with the Claims Initiative of the Year - Japan
It has maximized AI and satellite imaging for a better grasp of damage situations and quicker payment of insurance claims.
Mitsui Sumitomo Insurance claims two wins at Insurance Asia Awards 2021
It has won the Domestic General Insurer of the Year - Japan and Marketing Initiative of the Year.
Aflac Life Insurance Japan soars with three wins at the Insurance Asia Awards 2021
Aflac Life Insurance Japan soars with three wins at the Insurance Asia Awards 2021
Tokyo Olympics without crowds could cost reinsurers up to $400m
These losses should not materially affect earnings as there are reserves in case of potential losses.
Headwinds persist for Japan's life insurers as low rates stifle investment income
However, most domestic life insurers maintain robust risk-adjusted capitalisation.
Japan's general insurers to further focus on climate change for FY2021
It has also commenced its Ninth Mid-Term Business Plan.
Japanese insurers grapple with estimating climate change cost
Regulators are still learning their way in setting rules on disclosure.
Strong in-force business back 'resilient' Japanese life insurers
Pandemic-induced mortality losses will remain small.
Mixed core profit reveals Japan top life insurers' disjointed investments
Only Dai-ichi Life posted higher core profit.
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.
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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.
