Japan
Pacific Life Re secures reinsurance deal with Tokio Marine & Nichido Life
This will benefit Anshin Life’s product portfolio.
Pacific Life Re secures reinsurance deal with Tokio Marine & Nichido Life
This will benefit Anshin Life’s product portfolio.
Sumitomo Life lags in attractiveness amongst peers
The insurer expects a 15% YoY increase in consolidated insurance premiums.
Meiji Yasuda bags solid solvency ratio
Meiji’s Elevance Health acquisition is expected to lift its premiums.
GIAJ completes $540m claim payments for Noto quake
More than half of this was under the Ishikawa Prefecture.
Sompo forecasts $1.47b net income for FY’25
Its FY’24 net income significantly grew compared to the previous year.
Japan pays $610b claims from severe rain last year
This included heavy rainfall “Baiu” and Typhoon Mawar.
Tokio Marine targets EPS growth of 8% by 2026 in new plan
Its new mid-term plan aims to counter risks and boost control.
Tokio Marine nearly doubles its FY’24 net income
It saw its assets reach $200b.
Asahi Life's profitability improves amid lower claims
Fitch Ratings expects Asahi Life to maintain or improve its capital strength.
Tokio Marine dR adopts Fathom data for disaster prep
Tokio Marine aims to assess flood risk from a climate change perspective.
Zurich Japan, Loyalty Marketing expands into digital offerings
Both entities have been partnering since 2013.
WTW Japan’s pension fund index up 5.6% in 1Q24
The firm’s benchmark discount rate increased to 2.39%.
Nippon Life eyes 20% surge in core operating profit by 2026
The insurance company laid out its three-year targets focusing on boosting revenues.
Japan's property insurers stay afloat post-earthquake – GlobalData
Economic losses are estimated between $8.6b to $20.3b.
Noto earthquake saw $480m claims paid – GIAJ
Total claim payments received were 81,544.
Tokio Marine launches Business Architect programme
The programmes are set to start in May.
Japan's life insurers shift focus to domestic bonds: Report
In recent years, high hedging costs have kept insurers from investing in foreign debt.
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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.
