Company: Financial Services Agency Page 1 / 1
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- October 13 2026
Japan tightens asset-intensive reinsurance rules to curb counterparty risk: Fitch
The Financial Services Agency also lifted its long-standing prohibition on cooperation between insurance brokers and agents that encourage wider use of broker channels.
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- October 12 2026
Japan moves to create domestic reinsurance captive regime
The government plans to submit a bill to the next ordinary legislative session, due in January 2027, to create a system of reinsurance captives that handle limited risks.
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- October 11 2026
Japan’s FSA suspends Prudential Life, Gibraltar Life operations for 3 months over employee fraud
The partial suspension, running from Tuesday to the end of January, bars the insurers from writing new contracts or selling products.
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- October 4 2026
Japan watchdog moves to suspend Prudential Life Insurance over fraud scandal
Financial Services Agency plans to halt new policy acquisitions and sales activities by the life insurer for more than three months after 107 employees defrauded about 500 customers of roughly US$23.4m over a 34-year period.
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- April 2 2026
PCRIC pioneers drought parametric cover for Nauru
Policy provides financial protection for the Pacific island nation against drought for 12 months until March 2027.
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- August 22 2025
Japan to create new insurance regulator to strengthen oversight: reports
Financial Services Agency will be reorganised to create a separate Asset Management and Insurance Supervision Bureau in FY26, local media reports say.
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- March 4 2025
Japan’s FSA to investigate life carriers’ reinsurance deals with global funds: report
Regulator is concerned about the concentration of reinsurers operating in Bermuda as the trend gains momentum ahead of a new solvency regime being introduced on April 1.
