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Japan tag returned 277 results

  • Japan: 9,000 cases of inappropriate insurance sales

    At least 9,000 cases of improper insurance sales were uncovered during an investigation by the Japan Post group, reported Reuters citing an article from Japanese newspaper Yomiuri Shimbun. The group also announced that it will release findings on its ongoing insurance sales scandal on 18 December.

    Asia | 16 Dec 2019
  • Japan: Moody's 2020 outlook for insurers is stable

    Moody's 2020 outlook for insurers is stable but negative for banks and securities companies. This is because of the ultra low interest rates in Japan, and ageing and shrinking population, the international credit rating agency says.

    Asia | 12 Dec 2019
  • Top 3 friction points between insurers and InsurTechs

    Everyone knows that the course of true love seldom runs smooth - but the course of grafting a tech-savvy start-up onto the overweight carcass of an incumbent insurer is pretty much guaranteed to be bumpy.

    AIRPlus | 10 Dec 2019
  • Japan: Stable outlook for Japan's life insurers in 2020

    Moody's Japan KK says in a new report that its stable 2020 outlook for Japan's life insurance sector is supported by strong and stable underwriting margins that will continue over the next 12-18 months.

    Asia | 09 Dec 2019
  • Japan: Sales of new individual life insurance policies surges by over 130%

    Strong sales in whole life, term life and cancer insurance in Japan has led to a significant jump in the number of new individual life insurance policies and the amount of benefits coverage for FY2018, revealed latest figures from the 'Life Insurance Fact Book (2019)' published by The Life Insurance Association of Japan.

    Agents | 04 Dec 2019
  • Japan: Major life insurers' core profit fall but capitalisation remains strong

    Japan's four major life insurers all reported lower core profit for the six months ended September 2019, driven in part by premium rate revisions, but capitalisation remains strong, says Moody's Japan.

    Asia | 04 Dec 2019
  • Japan: Sales of new individual life insurance policies surge by over 130%

    Strong sales in whole life, term life and cancer insurance in Japan has led to a significant jump in the number of new individual life insurance policies and the amount of benefits coverage for FY2018, revealed latest figures from the 'Life Insurance Fact Book (2019)' published by The Life Insurance Association of Japan.

    Asia | 03 Dec 2019
  • Japan compels cyclists and bike rental companies to buy liability insurance

    Japan is seeing increased use of bicycles amidst a national fitness boom, although it has led to more accidents, serious injuries and even deaths. A series of court rulings have ordered substantial pay-outs when pedestrians get killed or are seriously injured in accidents and insurance plays a significant role in helping bicycle users shoulder such financial costs.

    Asia | 02 Dec 2019
  • Reinsurance: T&D and Carlyle Group buy majority stake in reinsurer

    Japan's T&D Holdings (T&D), a publicly listed insurance holdings company of T&D Insurance Group, and a newly created fund of global investment firm The Carlyle Group, have joined hands to acquire from AIG a 76.6% ownership interest in Fortitude Group Holdings. The acquisition price was approximately $1.8bn.

    Asia | 27 Nov 2019
  • Japan: 7 out of 9 life insurers post lower gains for April-Sep period

    Seven of nine major Japanese life insurance firms posted lower core business profits for the April-September fiscal first half (1HFY2019) from a year earlier, as they were hurt by low interest rates, reported Jiji Press.

    Asia | 26 Nov 2019


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