Series of structural and personnel changes are effective as of July 2024, with Yasuyuki Nakamura named GM of Kobe Branch and Koji Shikada GM of Fukuoka Branch.
Revisions to Emergency Response Law introduce stricter rules and larger penalties for handling of natural catastrophes, accidents, and public health emergencies.
Five-year program includes volatility cover from Berkshire Hathaway and Canada Life, which would see FY25 peril costs limited to AU$1.283bn in 90% of modelled scenarios.