Japan

Tokio Marine & Nichido's ratings affirmed as rate adjustments improve COR

February 22 2024

Fitch expects nat cat premium rate adjustments to bolster underwriting profitability in the coming years.

sp-global-affirms-rating-for-chubb-insurance-japan-as-combined-ratio-strengthens

S&P Global affirms rating for Chubb Japan as combined ratio strengthens

February 20 2024

'AA-' rating and stable outlook upheld, as S&P spotlights importance to Chubb group and improving underwriting results.

Oliver Kaufmann joins Munich Re Japan as Senior Underwriter for Property Treaty

February 16 2024

Kaufmann relocates from Switzerland to Tokyo following a decade with New Re.

Japan P&I Club withdraws Red Sea war cover

February 16 2024

Association said it issued a notice of cancellation after its reinsurers decided to terminate support for war risks.

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

Noto Peninsula Earthquake: 25,000 of 76,500 claims processed so far

February 16 2024

Insurance claims surge to 76,497, with 25,246 paid so far according to GIAJ's latest figures.

japanese-property-insurers-to-maintain-gwp-growth-and-stable-loss-ratio-amid-earthquake-risks-globaldata

Japanese property insurers to maintain GWP growth and profitability amid earthquake risks: GlobalData

February 13 2024

Segment likely to remain stable, supported by government backing, reinsurance risk management, and rate adjustments.

AM Best maintains A+ Rating for Dai-ichi Life

February 12 2024

'A+' and 'aa-' ratings affirmed with a stable outlook, emphasising insurer's resilience and strategic importance in Japan's market.

japanese-non-life-insurers-told-to-offload-cross-held-shares-in-wake-of-price-fixing-probe

Japanese insurers told to offload cross-held shares in wake of price-fixing probe - report

February 12 2024

Concerns over influence of strategic shareholdings have prompted Japan's FSA to order insurers to divest from cross-held shares.

Roy Nakazawa appointed as WTW's Head of Japan and Head of CRB Japan

February 8 2024

Nakazawa will move from STARR to WTW effective from 1 April.

Resolution Re inks flow reinsurance deal with Dai Ichi Life

February 1 2024

Flow reinsurance contract is Bermuda-based company's second deal with the Japanese firm.

Global reinsurers sense opportunity in Asian life backbook market

February 1 2024

Multibillion dollar deals in Japan and Hong Kong could herald the emergence of a market to rival the US and Europe.

am-best-japans-non-life-sector-hold-steady-amid-challenges

AM Best: Outlook for Japan's Non-Life segment holds steady amid challenges

January 31 2024

With efforts to improve profitability and a strong capital position, Japan's GI industry received a stable outlook despite nat cat and macroeconomic challenges.

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