Japan’s Non-Life Insurers Must Cut Cross-Shareholdings to Zero, Industry Group Says September 19, 2024 A trade group representing Japan’s biggest non-life insurers said on Thursday that its member firms should set a clear deadline...
Howden Buys Foresight in Japan, Names Gallagher’s Aibe as CEO of Japan Retail Unit September 17, 2024 Howden, the London-based insurance intermediary group, announced its launch into the Japanese retail insurance broking and captive consulting and management...
Japanese Population Falls at Fastest Pace in Demographic Crisis July 25, 2024 By Erica Yokoyama The number of Japanese citizens fell at the fastest clip last year since data collection began in the 1960s, adding...
Howden Enters Japanese Market, Invests in Keystone ILS Capital July 3, 2024 Howden, the London-based insurance intermediary group, announced its entry into the Japanese market, launching Howden Re Japan Ltd. and an...
Japan Insurers Plan to Sell $3.1 Billion Worth of Honda Shares, Reuters Reports July 2, 2024 Japan’s four top property and casualty insurers, along with other financial firms, are planning to sell around ¥500 billion ($3.1...
KKR Weighs Entering Private Credit in Japan to Challenge Banks June 3, 2024 By Taro Fuse KKR & Co. is considering entering the private credit market in Japan to provide an alternative to bank loans. “It...
Japan’s Insurers Surge on Buybacks, Unwind of Cross-Holdings May 21, 2024 By Aya Wagatsuma and Winnie Hsu Shares of Japanese insurers MS&AD Insurance Group Holdings Inc. and Tokio Marine Holdings Inc. surged after the companies announced stock...
Bank of Japan Scraps Radical Policy, Makes First Interest Rate Hike in 17 Years March 19, 2024 The Bank of Japan (BOJ) ended eight years of negative interest rates and other remnants of its unorthodox policy on...
AM Best: Japan Quake’s Effect on Insurers ‘Manageable; KCC Says Losses to Hit $6.4B January 5, 2024 By L.S. Howard The earnings impact on the major domestic non-life insurers of claims from the Jan. 1, 2024 earthquake in Japan is...
Japan Adds Rescuers as Death Toll From Jan. 1 Quake Rises to 64 January 3, 2024 By Isabel Reynolds and Takashi Nakamichi The death toll in the wake of the Jan. 1 earthquake off Japan’s northwest coast rose above 60 as the...