Japan
Marsh plans of Japan joint venture with MST Insurance Service: Report
The venture plans to offer specialised corporate insurance recommendations.
Marsh plans of Japan joint venture with MST Insurance Service: Report
The venture plans to offer specialised corporate insurance recommendations.
Higher domestic rates could raise investment income of Japanese life insurers: AM Best
Japanese life insurers may face a higher debt burden when they need to refinance their existing debt.Â
The general secretary of EAIC urges insurers to strengthen focus on ESG
EAIC said it serves as a platform for neighbouring countries in Asia to exchange information.
Tokio Marine’s September business sales fall 8% YoY
Year-to-date (YTD) total sales have reached JPY1.28t.
Tokio Marine boasts of new interim target for 2030 climate change initiatives
It also commits to be a responsible institutional investor.
August’s weather turmoil caused claim payments to reach Y40b – GIAJ
This was driven by a rainy season front and Typhoon Mawar.
GIAJ’s Chairman shares major initiatives to address shortcomings in the industry
It emphasises preventative measures against fraudulent insurance claims and prove-fixing practices.
Lower inflation rate moves Japan’s insurers to secure necessary reinsurance capacity in renewals
There has been a shortage of new capital entering the market due to rising interest rates.
Tokio Marine reaches carbon neutrality for 10th year in a row
CO2 emissions removal was executed through mangrove trees.
Sompo Japan’s Chief steps down amdist Bigmotor misconduct
The date for his last day is yet to be determined.
Joe Pickford is Tokio Marine Kiln’s new aviation underwriter
He will be based in Singapore.
Japan sends out probe on insurers post-forgery allegations
The on-site inspections aim to seek other issues related to the protection of policyholders.
Tokio Marine sends relief fund to fire-stricken Maui
The fire struck the island of Hawaii on 8 August.
China-unit of Tokio Marine to stay afloat with TMNF support: Moody’s
Lower investment returns amidst a low-interest rate environment pose a challenge to its profitability.
Sompo International taps Alasdair Walker as regional head for distribution insurance
He will oversee the distribution insurance segment in the APAC region.
Japan’s insurance claims reach Y23.9b end-July – GIAJ
Heavy rainfall at the beginning of the month was noted by the association.
BMS Group names Tim Hewitt as Head of Japan
Hewitt will oversee inbound-outbound M&A activities in Japan.
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Outdated systems cause data breaches, dragging the Philippine insurance market’s growth potential
![Outdated systems cause data breaches, dragging the Philippine insurance market’s growth potential]()
Insurance
Insurance experts warn of poor systems leading to the disruption of digital adoption, whilst partnership opportunities could boost growth.
Insurance experts warn of poor systems leading to the disruption of digital adoption, whilst partnership opportunities could boost growth.
