External committee linked sums to 159 current and former staff and 794 customers, and said it found structural failings in sales management, culture, and governance.
The insurer has voluntarily stopped writing new business since February, but the FSA is planning a formal order after employees improperly obtained ¥3.1bn (US$19.7m) from about 500 customers.
The entrance into the cyber segment comes after the non-life insurer’s Japan branch reported premium income of JPY28.9bn (US$183.1m) in 2025, alongside continued expansion of its specialist workforce....
Formerly of Tokio Marine, Hata leads the renamed EMIS Insurance Services, which offers personal lines cover to group employees and affiliated companies and risk consulting to corporate clients.
The appointment marks Ishida's return to AIG after more than a decade, following leadership roles at Everest Insurance, Zurich and other global insurers.
Lower natural catastrophe losses and accumulated fire insurance rate revisions outweighed persistent inflation in automobile claims across fiscal-year 2025, while overseas profit growth added support.
The resolution comes days after Insurance Australia Group disclosed a similar settlement of Credit Suisse-related claims arising from the Greensill collapse.
