Japan

Malakut boosts international team with Sogo Yasuda at helm

The broker established a new globally integrated Japanese brokerage department.

Malakut boosts international team with Sogo Yasuda at helm

The broker established a new globally integrated Japanese brokerage department.

Mitsui Sumitomo, Aioi Nissay issue joint cat bonds

This issuance marks the 7th for Mitsui Sumitomo Insurance.

Tokio Marine sets up desk in New York

The desk is dedicated for investors and shareholders.

Tokio Marine launches novel earthquake cat bond with SDB

This is the first time proceeds will be used to boost SDG goals through an SDB.

Lifenet, Eisai develops dementia insurance coverage

The plan includes coverage from the mild cognitive impairment stage of dementia.

Japan’s insurance market to expand 3.12% CAGR by 2027

The automotive segment is seen as a significant trend during the forecast period.

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.