Japan
Japan's top P&C insurers still enjoy strong results amidst pandemic
Solid premium growth was backed by premium rate hikes in 2019.
Japan's top P&C insurers still enjoy strong results amidst pandemic
Solid premium growth was backed by premium rate hikes in 2019.
Economic, financial volatility push Japanese insurers towards hybrids
They can withstand the downsides through low financial leverage and strong earnings.
Japan, Korean insurers to see dampened sales as COVID claims rise
Both countries will see an increase in death claims.
Japanese firms foray into Myanmar's highly uninsured market
Tokio Marine Holdings and Mitsui Sumitomo Insurance are amongst the firms seeking entry into Myanmar.
Sompo Holdings Asia appoints Daniel Neo as regional CEO
He succeeds Yuji Kawauchi who will be vice president of global business planning in Sompo Holdings in Tokyo. Sompo Holdings Asia has named Daniel Neo as regional CEO, succeeding Yuji Kawauchi, who has returned to Sompo Holdings in Tokyo to assume the role of executive vice president of global business planning. Neo is an industry veteran with 20 years of experience in the insurance sector.
Sompo Japan Nipponkoa taps US startup One Concern for AI solution
The app will let users simulate disaster-related scenarios.
Sompo Japan Nipponkoa Insurance-Line tie up to allow insurance gifting
The policyholder can get a payout of $89 after an earthquake with an intensity of lower 6 or above hits their neighbourhood.
Japan moves to limit national health insurance coverage
Only workers and their dependents in the country can avail to prevent abuse.
Japanese non-life insurers burned by fire premium losses
Insurance firms are bearing the weight of losses brought about by natural disasters.
Japanese P&Cs face fierce price war risk
E-commerce giant Rakuten and other players may "threaten" the country's insurance market.
Fire insurance in Japan receives profit boost to offset dismal auto underwriting
The advisory rate revision will reflect increased losses from natural catastrophe and water leakages.
Japanese insurers embrace third-sector medical policies to weather ultra low rates
They rose 9% whilst individual annuity policies plunged 56% in fiscal 2017.