HDI Global has appointed Hiro Yamasaki as MD and Legal Representative of its Japanese branch. marking an important milestone in the Corporate & Specialty insurer's growth strategy for the region.
General Insurance Association of Japan (GIAJ) Chairman Shinichiro Funabiki released a statement outlining the GIAJ's policies and initiatives in response to current trends and developments.
Pacific Life Re has appointed Mr Soichiro Makimoto as Head of Japan Representative Office. In his new role, he will focus on enhancing Pacific Life Re's presence in Japan, bringing a deeper understanding of clients' needs to support the company's regional growth ambitions.
Nippon Life Insurance announced on 15 December that it will acquire Medical Data Vision (MDV), a medical data analytics company, for JPY56.8bn ($384m). The tender offer, priced at JPY1,693 per share-a JPY1,231 premium over the closing price on 12 December-will run from 16 December to 3 February 2026.
Japan-based insurer Mitsui Sumitomo Insurance (MSI) has acquired beneficial ownership of at least 12.5% of American insurer W. R. Berkley Corporation's (WRB) outstanding common stock, according to a WRB press release dated 5 December 2025.
The universal life insurance market is projected to register a compound annual growth rate (CAGR) of 8.1% from 2024 to 2033, according to Allied Market Research.
The Japanese ministry of health, labour and welfare is considering a proposal for public health insurance to cover the cost of childbirth.
Saga Bank has become the first bank in Kyushu to enter a partnership with Nippon Life Insurance Co., Ltd. to support regional health promotion and related initiatives.
Bear encounters have become an almost daily occurrence in Japan, worrying residents, travellers and farmers, and disrupting outdoor leisure businesses.
On 24 November, it was reported that the government is adjusting policies to prioritize citizens aged 75 and above.