Japan

Tokio Marine forms new entity for disaster prevention and mitigation solutions

Tokio Marine Resilience will collaborate with Tokio Marine dR for core data functions and risk consulting services.

Tokio Marine forms new entity for disaster prevention and mitigation solutions

Tokio Marine Resilience will collaborate with Tokio Marine dR for core data functions and risk consulting services.

Dai-ichi Life’s capital efficiency to improve – Moody’s

The insurer has shown a strong domestic market position.

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. 

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.

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.