Country Profile I - Japan - Foreign non-life insurers: Strategies to thrive in Japan
Source: Asia Insurance Review | Feb 2010
Japan is a behemoth insurance market, and structurally the insurers have grown bigger with mega-mergers last year. Mr Uwe Sievers, General Manager/Legal Representative, HDI-Gerling Industrie Versicherung AG, Japan Branch and one of the Vice Chairmen with the Foreign Non-Life Insurance Association of Japan, Inc (FNLIA), tells us about the entrenched characteristics of this huge industry and how foreign insurers can survive and thrive in this difficult but attractive market.
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