Japan
Tokio Marine acquires World Wide Specialty Programs' US staffing insurance unit
It will be wholly owned by Tokio Marine & Nichido Fire.
Tokio Marine acquires World Wide Specialty Programs' US staffing insurance unit
It will be wholly owned by Tokio Marine & Nichido Fire.
Japan's top insurers unsafe amidst reliance on individual life
Over-reliance on one product will stunt sector growth.
Tokio Marine's Q1 net income slips 12% to $940m
Net premiums written rose 8.3% YoY to $8.6b.
Sedgwick names Takeshi Nagao as Japan managing director
He joins from HDI Global.
Japan's life insurers keep focus on customers amidst pandemic
They will consider special measures for COVID-hit clients.
Japan's P&C insurers can manage losses from Kyushu floods: analysis
Large industrial zones were not affected, which would limit potential losses.
Japan's P&C insurers likely to brush off impact of Kyushu rains
But it's still too early to assess the whole damage, an analyst said.
Dai-ichi Life Holdings names Koichiro Watanabe as director
He holds the same position for Dai-ichi Life Insurance.
Japan's P&C insurers ‘not defensive' despite underwriting losses
Prices are still being tempered to secure profits.
Japan life insurance sector to shrink 1%
The segment is now poised to rise at a 0.9% CAGR from 2019 to 2023.
Storms ahead for Japan's top life insurers as profits dip
Group insurance policies caused the fall, triggered by changes in mortality tables.
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.
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