MS&AD Insurance Group Announces Merger of 2 Non-Life Subsidiaries March 28, 2025 By L.S. Howard MS&AD Insurance Group Holdings Inc. announced it will merge two of its non-life insurance company subsidiaries – Mitsui Sumitomo Insurance...
Japan Orders 4 Non-Life Insurers to End Anti-Competitive Business Practices December 27, 2023 Japan ordered four major non-life insurance companies to improve business practices in connection with anti-competitive activity that aimed to keep...
Artificial Intelligence Startup Helps Insurers Spot Cognitive Decline in Older Drivers October 17, 2023 By Saritha Rai Mind Foundry Ltd., an artificial intelligence startup vying to help insurers decide which drivers should be covered, has raised $22...
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...
Telematics Data Provides ‘Compelling’ Defense Evidence in UK Liability Trial July 28, 2016 Telematics data was successfully used to defend a driver in a liability trial in England, according to Insure The Box...
Motor Insurers Need to Adapt to Ward Off Competition from Car Manufacturers July 20, 2016 By Carolyn Cohn and Noor Zainab Hussain As internet-connected and, eventually, driverless vehicles roll off production lines, traditional motor insurers need to adapt to ward off competition...
Best Affirms Mitsui Sumitomo Ratings; Upgrades Aioi Nissay Dowa June 3, 2013 A.M. Best Asia-Pacific Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR)...