Country: Japan Page 13 / 36
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- September 6 2021
Tokio Marine buoyed by strong domestic position: AM Best
The P&C player's 25% market share of net premiums in Japan cushioned the global impact of Covid-19.
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- September 6 2021
Sompo Japan improves at home but overseas profits hit
The P&C player's overseas business was adversely impacted by the Covid-19 pandemic.
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- August 27 2021
Toa Re overseas arms improve top-line but impact profitability
The Japanese reinsurer's overseas subsidiaries accounted for more than 25% of the firm's total premiums.
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- August 23 2021
Japan’s P&C market to hit US$133bn by 2025: GlobalData
Motor insurance is forecast to grow by 1.4% in 2021 against a decline of 3.6% in 2020.
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- August 16 2021
Gallagher’s US$3.25bn Willis Re deal now includes China and Hong Kong, says CEO
The US broker will take on about 2,200 Willis Re reinsurance staff across the globe.
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- August 12 2021
China’s record floods dominate July’s Asia claims
Aon reports says US$1.7bn of insured losses is highest nat cat payout for the Chinese insurance industry on record.
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- August 10 2021
Dai-ichi Life’s Westpac deal highlights APAC ambitions
The deal consolidates the Japan firm's position as the market leader down under.
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- August 9 2021
BPL Global establishes Lloyd’s Japan binder for credit risks
MS Amlin acted as the lead syndicate on the binder.
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- August 4 2021
Westpac to sell its life unit to Dai-ichi in US$1bn deal: report
Bloomberg report says official deal announcement could come by the end of August.
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- August 3 2021
Axa XL helps spark Axa H1 2021 profit jump
In Asia, the wider group's underlying profit was €658m compared with €685m in H1 2020.
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- August 3 2021
Brokerslink adds new task force to steer Asia-Pacific growth
The group's new Asia-Pacific task force aims for greater regional visibility.
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- July 28 2021
Asia pricing saw 6% growth in Q2: Marsh
The increase was driven by property, financial and professional lines.
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- July 28 2021
Lloyd’s Japan eyes recovery after GWP sinks in 2020
New rules allow market players at Lloyd’s Japan to negotiate binders with Singapore.
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- July 22 2021
Japan’s MS&AD makes second investment in US insurtech Next
The group is looking to gain insights into the Silicon Valley company's digital SME strategy.
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- July 15 2021
China to drive Asia premium growth in 2021, 2022: Swiss Re
Consumers in the region are increasingly comfortable using digital channels.
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- July 13 2021
Olympics’ spectator ban to cost reinsurers US$300–400m: Fitch
Reinsurers to pay for ticket and hospitality refunds after a state of emergency was declared in Tokyo.
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- June 25 2021
Japan, US insurance regulators discuss climate and Covid
The Insurance Regulatory Dialogue brings together regulators from the FSA and NAIC.
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- June 23 2021
Japan P&C insurers grow overseas premiums
But Tokio Marine, MS&AD and Sompo still reported weaker international profits.
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- June 16 2021
Credit Suisse prepares Greensill claims–report
A Tokio Marine subsidiary provided the trade credit insurance for the bankrupt supply chain finance firm.
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- June 14 2021
Olympics ‘too big to fail’ for specialty contingency market
Estimates have put the total figure for a Tokyo washout at US$3bn.
