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Japan tag returned 240 results

  • Japan: Insurers act to address dementia in elderly customers

    Financial institutions, including insurers, are starting to implement measures to address issues related to their graying customer base - particularly, a growing number of dementia sufferers - to help them better manage their finances.

    Asia | 20 Aug 2019
  • Japan's largest P&C insurer joins InsurTech programme in Singapore

    Tokio Marine has partnered with corporate innovation platform Plug and Play's InsurTech programme in Singapore, following its first partnership with the platform in Silicon Valley, US in December 2017. The insurer will now have access to Plug and Play's network and the opportunity to work with curated startups from the APAC region for testing and implementation throughout their offices in Southeast Asia.

    Asia | 19 Aug 2019
  • Japan: Fervour cools for non-JPY insurance policies

    Japan's craze for foreign currency denominated insurance products, driven by a need for better yield than the near-zero ones at home, is likely to cool as the authorities clamp down on aggressive marketing for these foreign-currency denominated insurance products, reported Reuters.

    Asia | 15 Aug 2019
  • Japan: Postal group ordered to report insurance sales irregularities

    Regulators have ordered Japan Post Holdings to report inappropriate insurance sales at its Japan Post Insurance unit, informed sources told Jiji Press.

    Asia | 12 Aug 2019
  • Japan Post Insurance gives full refunds of premiums to policyholders

    Japan Post Insurance has given complete refunds of premiums to insurance policy holders after receiving complaints on insurance sales irregularities between April 2017 and January 2019, reported Jiji Press citing sources.

    Asia | 07 Aug 2019
  • Japan: Premium rates for auto insurance set to increase by 3%

    Major non-life insurers in Japan are planning to increase automobile insurance premiums by about 3% in January next year, reported local news agency Jiji Press citing industry sources.

    Asia | 06 Aug 2019
  • MSIG to pump in funding for Myanmar's major non-life insurer

    Japanese insurer Mitsui Sumitomo Insurance Group (MSIG) announced that its application to secure a 10% stake in IKBZ Insurance passed the regulatory review from Myanmar's Ministry of Finance and Planning on 31 July. Looking to obtain the final regulatory approval by the end of October, MSIG said it will now carry out necessary procedures based on instructions from the local authorities.

    Asia | 02 Aug 2019
  • Japan: Postal company looks at suspending commission-based insurance plans

    Postal company Japan Post is considering suspending commissioned sales of insurance products from private companies such as Nippon Life Insurance through post offices across the nation, reported Jiji Press.

    Asia | 30 Jul 2019
  • Insurers pull out products from scandal-ridden Japan Post

    Following investigations of insurance fraud at Japan Post in recent times, Nippon Life Insurance has asked Japan Post temporarily to suspend the commissioned sales of one of its insurance products as reported by Jiji Press. Japan Post is currently considering its response to the request.

    Asia | 22 Jul 2019
  • Japanese life insurer partners investment bank to establish VC fund for Myanmar start-ups

    Riding on the long-term economic collaboration between Japan and Myanmar, Taiyo Life Insurance has partnered Japanese investment bank Daiwa Securities Group to establish a $30m venture capital fund in Myanmar. The fund would be used to invest in local start-ups and will mature in 12 years with an investment period of five years, reported Myanmar Times.

    Asia | 18 Jul 2019

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