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...
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’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...
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...
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...
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...
MS Amlin’s Long-Term Issuer Credit Rating Downgraded by AM Best April 3, 2023 AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the...
Mitsui Sumitomo Completes Acquisition of Transverse Group January 6, 2023 Mitsui Sumitomo Insurance Co. has completed its acquisition of Warren, New Jersey-based reinsurance intermediary Transverse Insurance Group, closing a deal...
How Will Japan Secure Shipping Insurance for Imports of Russian LNG? December 29, 2022 By Yuka Obayashi Japan, the world’s top liquefied natural gas (LNG) importer, is facing its latest challenge in securing vital gas supplies from...
Japan’s LNG Buyers Assess How Insurance Halt Will Affect Supplies December 27, 2022 By Shoko Oda and Tsuyoshi Inajima Japan’s buyers of Russian liquefied natural gas are assessing how imminent changes to shipping insurance — triggered by the ongoing...