Japan
Sompo Japan’s Chief steps down amdist Bigmotor misconduct
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.
Nippon Life shows robust capitalisation, profitability faces pressure from forex: Moody’s
Nippon Life's economic capitalisation improved to 244%.
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.
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