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...
Here Are 5 Products Offered by Financial Services Providers to De-Risk Heat Waves May 3, 2023 By Aaron Clark and Taiga Uranaka Climate change-driven heat waves are impacting everything from nuclear reactors in France to glaciers in Pakistan. As millions of people...
Japanese Banks (and Insurers) Face Spotlight for ‘Gender Washing’ Women Managers April 19, 2023 By Taiga Uranaka and Komaki Ito Some Japanese banks may soon come under the spotlight for potential “gender washing” over the way they count the number...
Tokio Marine Faces Larger-Than-Expected Exposure to Greensill Capital Meltdown March 19, 2021 By Patrick Winters and Taiga Uranaka Tokio Marine Holdings Inc. is facing a larger-than-expected exposure to the Greensill Capital meltdown after finding that reinsurance contracts intended...
Japan Post’s Insurance Unit Plans $2.9 Billion Buyback of Shares from Parent December 17, 2020 By Taro Fuse and Taiga Uranaka Japan Post Holdings Co.’s insurance unit plans to buy back about 300 billion yen ($2.9 billion) of shares from its...
Tokio Marine Looking for Insurance Acquisitions in Asia, Other Markets June 25, 2019 By Taiga Uranaka and Komaki Ito Tokio Marine Holdings Inc. is seeking acquisition opportunities in Asian emerging markets and elsewhere as it seeks to double profits...
Japan Insurers Eye China Acquisitions in Continuation of Overseas Deal Spree February 4, 2019 By Sumeet Chatterjee and Taiga Uranaka Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world’s...
Japan’s Post Holdings Buys 7% of Insurer Aflac December 19, 2018 By Taiga Uranaka Japan Post Holdings Co. Ltd. on Wednesday said it will buy 7 percent of U.S. insurer Aflac Inc. for about...
Japan’s MS&AD to Invest $1B in Swiss Re’s UK Unit, ReAssure Jersey One October 6, 2017 By Taiga Uranaka Japan’s MS&AD Insurance Group Holdings Inc said on Friday it had agreed with Swiss Re AG to invest 800 million...
Nippon Life Eyes Buying MassMutual Japan Unit for Bancassurance Sales: Sources October 5, 2017 By Taiga Uranaka Japan’s biggest private-sector life insurer, Nippon Life Insurance Co., is in talks to buy a majority stake in the domestic...