Japan
STARR Insurance Japan CEO to Lead WTW's Japan Operations
Ryohei (Roy) Nakazawa will report to Luke Ware, head of CRB Asia.
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 life insurers poised to surge $350b by 2028: GlobalData
The industry should increase 4.6% in 2023.
Japanese non-life insurers navigate uncertainty despite stable outlook: AM Best
AM Best emphasises the need for a strategic approach to risk management.
Japanese life insurers' premiums income more than doubles November-end
Operating expenses, however, also rose to $22b.
Nissay positioned for stability with strong capital and operating profits – AM Best
AM Best also expects Nissay’s 2023 performance to recover.
Toa Reinsurance faces volatility risks despite stable core operations: S&P Global Ratings
Refinements to its liquidity ratio calculation improved liquidity assessment.
Noto earthquake hit 22,000 homes, loss estimate still at $6b
The losses covered damages from secondary impacts such as fire, tsunami, landslide, and liquefaction-induced ground movement.
GIAJ initiates survey for efficient assessment and claim payments after earthquake
The survey will be conducted through the use of aerial and satellite photography.
Regulator urges Sompo Japan to address corporate culture after Bigmotor scandal: Report
Bigmotor was involved in charging excessive repair fees.
Japan bucks trend, positive asset returns boost pension index in Q4’23
The pension index decreased across regions for the full year, with single-digit decreases, except for Japan and the US.
Meiji Yasuda's operating performance backed by solid balance sheet – AM Best
The insurer has demonstrated a large premium revenue stream and strong base profits.
LIAJ Chair shares three pillars the industry will focus on this 2024
The chair also hopes to improve the industry through changes in life insurance tax deductions and financial regulations.
Noto Peninsula quake could drive total insured losses to $6b – Moody’s RMS
The losses account for property damage, contents, and business interruption across various sectors.
Japan's major non-life insurers set to weather earthquake losses, strong capital buffers to cushion impact
AM Best said the major non-life insurers carry diversified portfolios and strong capital positions.
Japan earthquake could reach $1.8b insured losses – Verisk
The estimate focuses on insured property losses.
Tokio Marine Holdings completes sale of TMPI
Calvo Enterprises was the purchasing entity.
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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.
