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.
Sompo appoints new chief risk officer and Japan head of reinsurance
Koji Takahashi will be succeeding Emiko Maki.
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 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.
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