Country: Japan Page 34 / 40
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- September 1 2016
Tokio Marine eyes RHB’s general insurance unit
The deal is estimated to be worth up to US$500m, based on a price of around three times book value.
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- August 29 2016
Japan’s quake insurance contracts top 60%
There has been a surge in coverage since the March 2011 earthquake and tsunami that struck the Tohoku region.
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- August 24 2016
Dai-ichi’s subsidiary to acquire US Warranty Corp
The US$127m acquisition of the asset protection specialist is expected to conclude as early as this year.
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- August 19 2016
Japanese life firms want independent oversight
Key players in the industry are urging corporate Japan to strengthen oversight by outside investors.
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- August 15 2016
Japan’s life insurers see drop in income
A strong yen, gloomy stock market and negative interest rates are weighing on performance.
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- August 12 2016
Asian ports are world’s riskiest
Ports at Nagoya in Japan and Guangzhou in China pose the biggest risk of financial loss in the world.
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- August 10 2016
Japan urges better risk management over cross shareholdings
Waiting to be rescued by friendly companies is no way to deal with crises, warns Japanese industry body.
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- July 25 2016
Discovery enters Japan market with Sumitomo, Softbank
South Africa’s third-biggest insurer plans to introduce its health reward programme, Vitality, with its new partners' help.
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- July 13 2016
Metlife Japan names David Gee new CIO
The new chief investment officer will launch a major technology transformation project as it migrates from older systems.
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- July 11 2016
Insurance earnings under the spotlight for Japanese banks
There are growing concerns that Japanese banks should be more transparent to their customers.
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- July 6 2016
Mitsui Sumitomo issues corporate catastrophe bonds
The service provides a way for corporations to access capital quickly after a disaster occurs, with no lengthy claims process.
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- June 24 2016
Dai-ichi Life ups stake in Indian insurance venture
The Japanese company has paid US$80m to Bank of India to extend its stake in Star Union Dai-ichi Life to 44%.
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- June 23 2016
Japanese majors raise capital for 2020 rule
Among those that are increasing their capital are Sumitomo Life, Meiji Yasuda Life, Nippon Life and Dai-ichi Life.
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- June 20 2016
Fitch cuts outlook on 11 Japanese insurers
Increasingly difficult for insurers to be rated above the sovereign if they hold high levels of government debt.
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- June 20 2016
Losses from Kumamoto quake near US$3bn
Insurance and reinsurance losses continue to mount amid a late surge in claims payouts for damages.
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- June 13 2016
Japanese industry halts sales of savings-type plans
Negative interest rates have forced leading Japanese nonlife insurers to stop selling savings-type policies, according to reports.
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- June 7 2016
Japan quake insurance payouts rise to US$2.2bn
In just one week, insurance payouts for the Kyushu earthquakes in April have risen another 35%.
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- May 30 2016
Underwriting earnings key for Japan’s life insurers, says Fitch
Life companies are maintaining strong profitability despite declining bond yields in local fixed-income markets.
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- May 30 2016
Sompo Japan to launch volcano insurance in June
Companies suffering losses due to volcanic activity in Japan will soon have access to insurance protection.
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- May 27 2016
Japan’s regulator holds off enforcement of commissions disclosure
Opposition from regional banks prompts FSA to set aside plan to require banks to disclose commission details.
