Profits up 48% as Japanese insurers rebound

May 24 2022 by Nick Ferguson

Profits at Japan’s big three insurance groups rose by an average of 48% in fiscal year 2021 (ending March 31, 2022) as Tokio Marine, MS&AD and Sompo benefited from lower natural catastrophe losses...

Get full access

To view the full article and get unlimited access to InsuranceAsia News's exclusive insight across 5,000+ articles

Subscribe Now

Take a Free Trial

Already a Subscriber? Please Login

MORE FROM: Results

Steadfast swoops for Insurance Brands Australia, posts strong results
- August 17
The broking group is paying US$210m for IBA which owns specialty underwriting agency ProRisk.
Seoul flooding hits P&C players with ‘material’ losses
- August 15
Claims from the record downpour expected to top US$115m.
IAG places ‘largest’ nat cat allowance as underwriting profit falls 5%
- August 12
Weather claims "more than doubled" in FY 2022 across Australia and New Zealand.
P&C boosts Zurich’s H1 APAC profits
- August 12
Regional COR improved to 91% as firm benefited from travel rebound with profits climbing 30%.

Partner Content

Sedgwick: The impact of the pandemic on handling of MCL insurance claims

A longer claims process and increased cost were some of the challenges faced by insurers.
Guy Carpenter: 2022 Western North Pacific Basin Tropical Cyclone Predictions

Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.

Join the mailing list Receive our regular newsletter, a round-up of the latest news and insights direct to your inbox, and designed to help you stay ahead.

Partner Video