Japan

Rick Allen assumes key role as chief underwriting officer at Sompo

Rick Allen will is succeeding Cliff Easton, who is retiring.

Rick Allen assumes key role as chief underwriting officer at Sompo

Rick Allen will is succeeding Cliff Easton, who is retiring.

Tokio Marine intensifies climate strategy with policy revisions

The company aims to achieve carbon neutrality by 2050.

Japan P&C faces investor caution despite positive outlook

Jefferies anticipates a quicker unwinding of equity cross-holdings.

bolttech offers device protection in Japan

It has partnered with refurbished device marketplace, Back Market.

Japan's P&C sector surges with focus on profitability and international expansion

Positive trends drive Japanese insurers towards growth, bolstered by rate revisions and strategic initiatives, a Jefferies report said.

Smartpay and Chubb team up to offer embedded insurance in Japan

The insurance market is expected to reach JPY80t by 2027.

Japan life insurers double premiums to $12b  in 2023

Operating expenses also doubled for the year.

Tokio Marine Holdings acknowledges improper conduct, implements reforms

A Group Audit Committee will be established to replace the Internal Control Committee, expanding its scope.

Fitch affirms Tokio Marine & Nichido Fire Insurance's strength amid challenges

TMNF’s assessment considers TMHD's robust company profile, strong financial performance, and solid capital adequacy

Total claims payout from Noto quake at JPY20.5B

Accepted claims for the incident was tallied at 76,497.

STARR Insurance Japan CEO to Lead WTW's Japan Operations

Ryohei (Roy) Nakazawa will report to Luke Ware, head of CRB Asia.

Resolution Re enters first flow reinsurance collaboration with Japanese insurer

It aims to increase capacity and better product competitiveness.

Japanese non-life insurers navigate uncertainty despite stable outlook: AM Best

AM Best emphasises the need for a strategic approach to risk management.