Japan

Tokio Marine sells Guam subsidiary to Calvo Enterprises

To validate capital efficiency improvement and risk diversification efforts, TMPI was put up for sale.

Sluggish Dai-ichi Life first quarter performance effect of hedged bonds sale: CreditSights

Despite higher interest income from unhedged foreign currency bonds, it couldn't offset this decline.

Tokio Marine HCC acquires renewal rights for US insurer’s portfolio

Employees of the US insurers will transition to Tokio Marine HCC.

Japan casualty insurers under suspicion for policy price-fixing

This suspected price-fixing practice is now under investigation.

Tokio Marine finishes acquisition of Gulf Guaranty Employee Benefit Services

The company was acquired through the wholly owned subsidiary HCC Insurance Holdings.

General Insurance Association of Japan shows tax reform requests FY2024

The reforms shall contribute to economic growth and societal development.

Japanese auto dealer allegedly forged insurance contracts: report

FSA is currently investigating whether Bigmotor's operations as an insurance agent were problematic.

Tokio Marine Kiln determines new APAC cyber underwriter

Sam Bye will assume his position as cyber underwriter at TMK starting on 1 August.

Tokio Marine & Nichido Fire Insurance face natural catastrophe risks: Moody’s

The insurer is expected to maintain its strong capitalisation and market position.

Tokio Marine launches intelligence platform

Tokio Marine hopes to attract insurtechs for product development and innovation.

GIAJ names new chairman, introduces priorities for coming year

His key policies and initiatives involve digitalisation, climate change, and sector awareness.

Profitability of Japanese non-life insurance to recover in 2024

It is anticipated that Japanese non-life insurance groups will uphold robust capital adequacy. 

Mitsui Sumitomo Insurance's strategic initiatives to drive performance: AM Best

Potential risks may arise from MSI’s stock investments and bond holdings.

Profitability of Japanese life insurers to rebound: Fitch

Insurers will see resurgence of overall profitability by 2024.

Japanese insurers, banks to build sustainable finance platform

The collaboration seeks to build a digital platform for investment institutions.

Tokio Marine international net premiums segment jumps 29.8% in 2022

The insurer expects net income to grow 9% for the year.