Japan

nippon-life-insurance-sets-sights-on-india-approval-of-new-numbai-subsidiary

Nippon Life sets sights on India with approval of new Mumbai subsidiary

April 12 2024

Expansion in India aligns with group's ambitions to strengthen overseas operations.

mlc-life-appoints-nippon-lifes-koji-ichiba-as-board-director

MLC Life appoints Koji Ichiba as Board Director

April 3 2024

Ichiba joins from parent company Nippon Life and will replace Tomonao Gotoda, who returns to Tokyo in a senior role within the group.

reinsurers-maintain-increased-risk-appetite-during-1-4-renewals-gallagher-re

Reinsurers maintain increased property cat risk appetite during 1.4 renewals: Gallagher Re

April 3 2024

More available capacity during renewals as reinsurers continue search for growth, with reinsurance appetite outstripping demand in Japan.

Sompo appoints Kenneth Reilly as CEO for APAC

April 2 2024

Reilly takes over from the retiring Daniel Neo and will continue in his role as Head of Tokyo alongside his new responsibilities.

Fitch forecasts positive boost for Japan's life industry due to monetary policy shift

March 28 2024

Fitch Ratings predicts modest uplift in economic capital and earnings following BOJ's monetary policy adjustments.

Marsh Asia appoints Alexander Pui as Senior VP for Climate and Sustainability Consulting

March 27 2024

Pui brings a distinguished background in climate risk and sustainability to his new role.

RGA and Japan Post Insurance ink ¥700bn life annuity reinsurance deal

March 23 2024

RGA's Gaston Nossiter hails US$4.62bn coinsurance transaction as first-of-its-kind for the Japanese market and a significant milestone for APAC.

japan-post-says-boj-rate-hike-will-have-minimal-impact-on-investment-and-heading-strategies-report

Japan Post Insurance says end of negative interest rates will have minimal impact on performance - report

March 22 2024

Japan Post Bank and Japan Post Insurance said their portfolios and hedging policies will not change drastically following shift in BOJ interest rate policy.

tokio-marine-becomes-first-japanese-insurer-to-issue-sdb-based-nat-cat-bond

Tokio Marine becomes first Japanese insurer to issue SDB-based cat bond

March 22 2024

Proceeds of US$100m Kizuna Re III will go toward Sustainable Development Bond to fund ESG projects in IBRD member countries.

nippon-life-says-overseas-acquisitions-are-key-to-ambitious-plans-to-double-profits-by-2035

Overseas acquisitions key to Nippon Life's ambitious plan to double profit by 2035

March 22 2024

Nippon plans to double core operating profit to JPY1.4 trillion (US$9.25bn), with plans for significant expansion of overseas business.

aerial-and-satellite-images-employed-to-fast-track-noto-peninsula-quake-claims

Noto earthquake claims rise to 115k, with 59% paid: GIAJ

March 22 2024

Latest numbers show accepted claims have increased from 67k at end Jan, though good progress has been made with 83% of investigations now completed.

Tokio Marine earmarks $10bn for global acquisitions - report

March 21 2024

Japanese insurance giant patiently eyeing potential opportunities, including in APAC while also looking to grow commercial lines.

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25 September