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Japan tag returned 322 results

  • Japan: General insurers study Nat CAT responses

    To strengthen responses to natural disasters that have become commonplace in recent years, the General Insurance Association of Japan (GIAJ), has been studying various common issues related to natural disasters, such as for members to make joint efforts in insurance payments for storm and flood damage, Mr Yasuzo Kanasugi, GIAJ chairman, has said.

    Asia | 26 Mar 2020
  • Japan: Sony Assurance uses AI to reward safe driving

    Japan: Sony Assurance uses AI to reward safe driving Sony Assurance has launched a new motor insurance plan which rewards customers with a cashback of up to 30% for safe driving, which is tracked through AI.

    Asia | 24 Mar 2020
  • Asia: Life insurers could "shelter-In-place" their investments

    Life insurers and regulators have to think creatively of ways long-term money can ride out a crisis that by its nature will be relatively short-term, says Mr Brad W Setser, a senior fellow for international economics at the think tank Council on Foreign Relations.

    Asia | 24 Mar 2020
  • Japan: Insurers able to withstand adverse market conditions - AM Best

    Insurers in Japan remain financially stable to weather market volatility given their robust balance sheet fundamentals, despite the recent global equities rout, according to an AM Best commentary.

    Asia | 23 Mar 2020
  • Coronavirus-related claims a risk in Japan, South Korea

    WHO's declaration of the coronavirus outbreak as a global pandemic has emphasised the risks that South Korea and Japan still face from further increases in rates of infection despite having less than 100 virus-related deaths in each of the countries, said Moody's Investors Service.

    Asia | 20 Mar 2020
  • Japan: Modest growth expected of insurance M&A deals

    With Japan's insurance industry operating in an environment marked by an ageing and shrinking population and continued low interest rates, M&A activity in the sector in 2020 is expected to grow modestly, unless some of the nation's leading insurers make large investment in the US, says international professional services firm Deloitte.

    Asia | 20 Mar 2020
  • Japan: Pilot P2P insurance schemes to be carried out in sandbox

    Frich, a P2P insurance platform service company, plans to conduct a pilot experiment with two small and short-term insurers in a regulated sandbox system for one year from April 2020.

    Asia | 18 Mar 2020
  • Japan: Life giant halts sales of some foreign currency-denominated insurance plans

    Japanese life giant, Nippon Life, has suspended sales of some foreign currency-denominated insurance plans.

    Asia | 17 Mar 2020
  • AM Best assigns stable outlook to Japan life insurance market

    According to AM Best, Japan's life insurance market grew by 2.9% in 2019 in terms of total annualised premiums of policies in force. Core profit continued to increase, from JPY3.58tn ($33.3bn) in FY 2017/18 to JPY3.78tn in fiscal year 2018/19.

    AIRPlus | 11 Mar 2020
  • Japan: Coronavirus risk for insurers arise from financial markets, says Fitch

    Japanese insurers will experience minimal explicit insured losses but would instead face greater market risks such as interest rates, equities, credit-spread products, or currencies according to an analysis from credits ratings agency Fitch Ratings.

    Asia | 10 Mar 2020

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