Prudential Life Insurance has decided to keep its pause on new sales in place for an additional 180 days, extending an earlier 90-day suspension, as it grapples with a growing internal investigation involving alleged misuse of client funds.
bolttech has appointed Mr Watanabe Kohei as General Manager for Japan, with responsibility for the Japan business, including P&L across domestic and international operations.
The rise in Tokyo's birth rate in 2025, the first increase in nine years, highlights how comprehensive financial protection and risk-sharing mechanisms can influence demographic trends.
Zurich Insurance has appointed Mr Digbijoy "Digi" Joseph Shukla as Head of Digital, APAC. In his new role, he will play a central role in shaping Zurich's pan APAC customer and digital agenda, with overall leadership responsibility for Zurich Edge, the company's regional digital and embedded insurance business.
Monthly insurance premiums for Japan's late-stage elderly medical care system, which covers individuals aged 75 and above, are projected to rise to a record average of JPY7,989 ($48-56) nationwide for this fiscal year and the next.
Japan Post Insurance has signed two deals with Bermuda based reinsurers Aflac Re Bermuda and Talcott Re, through which it aims to manage legacy portfolios, reduce capital burdens, and combat domestic market stagnation.
In New Zealand, HDI Global has promoted Mr Richard Upton to the role of Branch Manager and Head of Financial Lines.
Gallagher Re says that reinsurer resilience and strategic opportunities remain available to cedants, against a backdrop of geopolitical uncertainty, softening primary markets and an unpredictable economic outlook.
The International Association of Insurance Supervisors (IAIS) has released two publications, marking the completion of its multi-year cycle of assessing implementation of the supervisory material of the Holistic Framework for systemic risk in the insurance sector.
Specialty MGA, part of the MNK Group, has appointed Mr Uwe Sievers as Director, Business Development Japan. In his new role, he will focus on business development across multiple classes, leveraging MNK's global network and London-based distribution partners to support Japanese clients.