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...
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’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...
MS Reinsurance Gets Ratings Upgrades From AM Best and S&P May 2, 2024 MS Reinsurance, the reinsurance subsidiary of MS&AD Insurance Group Holdings, has received rating upgrades from AM Best and S&P Global...
Buffett Watchers Tout Japan Insurers, Banks as Next Potential Value Targets October 13, 2023 By Aya Wagatsuma and Akemi Terukina Warren Buffett’s buying of Japanese trading firms helped propel the nation’s stocks to multi-decade highs. Six months on, insurers and...
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...