In June, the FSA instructed major Japanese insurers to investigate "cartel" behaviour over contracts supplied to railway operator Tokyu; the latest report suggests price fixing could be a more widespread...
12 insurance executives, including four from Asia, have been added to the International Insurance Society (IIS) Executive Council effective August 1st.
Japan P&I retains its 'BBB' financial strength and long-term issuer credit ratings from S&P Global Ratings, however potential losses from last week's Fremantle Highway vessel were not mentioned...
Fitch predicted combined ratio to increase throughout the year, but downgraded the insurer's outlook due to uncertainty around capital infusion, the potential impact of high premium growth. and rising...
Goldman Sachs is understood to be gathering indicative bids based on the insurer's projected earnings, which may price local players out of the market.