Japan’s Big Non-Life Insurers Plan to Sell Cross Shareholdings May 20, 2025 By Nao Sano Japan’s three major casualty insurers plan to sell a total of about ¥1.37 trillion ($9.5 billion) of cross-held shares in...
Top Japanese Firms Scrap Employment System That Held Women Back April 23, 2025 By Nao Sano Japan’s biggest financial firms are abolishing decades-old employment practices that kept women off the corporate ladder. Nippon Life Insurance Co.,...
Japanese Insurer MS&AD Plans to Invest as Much as $5 Billion to Double US Profits April 22, 2025 By Nao Sano and Taro Fuse MS&AD Insurance Group Holdings Inc. plans to invest as much as about ¥700 billion ($5 billion) to expand in the...
Japan Competition Watchdog Probes Insurers Over Price Fixing August 8, 2023 By Nao Sano Japan’s competition watchdog has begun an investigation into whether the top four non-life insurers colluded to set premiums for their...
Japan Casualty Insurers’ Shares Sink on Concerns Over Suspected Price Fixing August 2, 2023 By Taiga Uranaka and Nao Sano A price-fixing scandal at Japan’s biggest casualty insurers is escalating following a media report that the suspected collusion is likely...
Japanese Used-Car Exec to Step Down After Revelations of Fraudulent Insurance Claims July 26, 2023 By Hideki Suzuki and Nao Sano The president of Japanese used-car dealership Bigmotor Co. Ltd. said he will step down after revelations of fraudulent insurance claims...
Update: List of Insurers Exiting Climate Group Grows, Including Lloyd’s, Tokio Marine May 30, 2023 By Aaron Clark, Nao Sano and Alastair Marsh The list of firms walking out of the Net Zero Insurance Alliance continued to grow this week, adding to an...
Banker’s Heirs Sue Japanese Insurer Over Van Gogh’s ‘Sunflowers’ January 18, 2023 By Reed Stevenson and Nao Sano Vincent van Gogh’s Sunflowers painting should be returned to the family of its former owner by Sompo Holdings Inc., the...
Toyota Eyes Future When People Don’t Buy Cars, Pushing Ride-Hailing Ties, Insurance September 27, 2018 By Kevin Buckland, Nao Sano and Kae Inoue Toyota Motor Corp., Asia’s biggest carmaker, is preparing for a potential future where people don’t buy cars. That’s behind the...